https://www.taxtmi.com/highlights?id=33293 Exemption under sections 11 & 12 denied - income derived from transactions from non-members - mere charging of fee ipso-facto would not enable an activity to be governed by the proviso to section 2(15) of the Act without establishing any profit-motive in the charging of fees. - AT en-us Tue, 14 Feb 2017 08:49:06 +0530 Tue, 14 Feb 2017 08:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33293 Exemption under sections 11 & 12 denied - income derived from transactions from non-members - mere charging of fee ipso-facto would not enable an activity to be governed by the proviso to section 2(15) of the Act without establishing any profit-motive in the charging of fees. - AT Highlights Income Tax Tue, 14 Feb 2017 08:49:06 +0530 https://www.taxtmi.com/highlights?id=33293