Golf Promotion Group in Tamilnadu Wins Tax Exemption; Court Says Benefits Extend Beyond Members, Granting Section 11 Relief.

Golf Promotion Group in Tamilnadu Wins Tax Exemption; Court Says Benefits Extend Beyond Members, Granting Section 11 Relief. https://www.taxtmi.com/highlights?id=27408 Exemption u/s 11 - object of the assessee is to promote the game of golf in the State of Tamilnadu. The benefits can be available not only for the members of the assessee-society but also non-members. Therefore, the beneficiaries cannot be identified - principles of mutuality is not applicable - exemption u/s 11 allowed - AT en-us Sat, 20 Feb 2016 15:11:46 +0530 Sat, 20 Feb 2016 15:11:46 +0530 TaxTMI RSS Generator Golf Promotion Group in Tamilnadu Wins Tax Exemption; Court Says Benefits Extend Beyond Members, Granting Section 11 Relief. https://www.taxtmi.com/highlights?id=27408 Exemption u/s 11 - object of the assessee is to promote the game of golf in the State of Tamilnadu. The benefits can be available not only for the members of the assessee-society but also non-members. Therefore, the beneficiaries cannot be identified - principles of mutuality is not applicable - exemption u/s 11 allowed - AT Highlights Income Tax Sat, 20 Feb 2016 15:11:46 +0530 https://www.taxtmi.com/highlights?id=27408