https://www.taxtmi.com/highlights?id=26457 Benefit of exemption u/s 11 denied - profit motive - Association of leather merchants - AO has not disputed the conditions necessary for allowing exemption u/s.11 of the Act, except the applicability of proviso to Sec.2(15) - the said proviso is not applicable to the case of the Assessee - exemption allowed - AT en-us Thu, 17 Dec 2015 10:47:49 +0530 Thu, 17 Dec 2015 10:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26457 Benefit of exemption u/s 11 denied - profit motive - Association of leather merchants - AO has not disputed the conditions necessary for allowing exemption u/s.11 of the Act, except the applicability of proviso to Sec.2(15) - the said proviso is not applicable to the case of the Assessee - exemption allowed - AT Highlights Income Tax Thu, 17 Dec 2015 10:47:49 +0530 https://www.taxtmi.com/highlights?id=26457