https://www.taxtmi.com/highlights?id=37309 Exemption u/s 11 - when the assessee-trust instead of keeping medical equipments idle, leased out the same and utilised the lease amount for charitable activity, it cannot be said that the assessee was carrying on business activity. - AT en-us Wed, 27 Dec 2017 09:00:44 +0530 Wed, 27 Dec 2017 09:00:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37309 Exemption u/s 11 - when the assessee-trust instead of keeping medical equipments idle, leased out the same and utilised the lease amount for charitable activity, it cannot be said that the assessee was carrying on business activity. - AT Highlights Income Tax Wed, 27 Dec 2017 09:00:44 +0530 https://www.taxtmi.com/highlights?id=37309