https://www.taxtmi.com/highlights?id=40145 Exemption u/s 11 - microfinance activity - By collecting interest at such a higher rate the assessee has deviated from its objective of doing charity - the action of the lower authorities in denying exemption u/s. 11 confirmed. en-us Wed, 27 Jun 2018 08:59:31 +0530 Wed, 27 Jun 2018 08:59:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40145 Exemption u/s 11 - microfinance activity - By collecting interest at such a higher rate the assessee has deviated from its objective of doing charity - the action of the lower authorities in denying exemption u/s. 11 confirmed. Highlights Income Tax Wed, 27 Jun 2018 08:59:31 +0530 https://www.taxtmi.com/highlights?id=40145