https://www.taxtmi.com/highlights?id=40674 Denying the exemption u/s 11 - the income over and above amount for ₹ 25 lacs from the business activity i.e. from the exploitation of its right to hold Davis Cup will be treated as ‘business income’ of the assessee and will be liable to include in its total income. en-us Sat, 04 Aug 2018 19:53:25 +0530 Sat, 04 Aug 2018 19:53:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40674 Denying the exemption u/s 11 - the income over and above amount for ₹ 25 lacs from the business activity i.e. from the exploitation of its right to hold Davis Cup will be treated as ‘business income’ of the assessee and will be liable to include in its total income. Highlights Income Tax Sat, 04 Aug 2018 19:53:25 +0530 https://www.taxtmi.com/highlights?id=40674