https://www.taxtmi.com/highlights?id=44336 Denial of Exemption u/s 11 - the assessee is charging huge amounts for sponsorship fee from corporate against which it provides various types of advertisement services and free passes are also provided - Making slabs for sponsorship fee and specifying the types of service against it are certainly for commercial gains with predominant objective to make profit - No Exemption. en-us Tue, 05 Feb 2019 13:42:10 +0530 Tue, 05 Feb 2019 13:42:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44336 Denial of Exemption u/s 11 - the assessee is charging huge amounts for sponsorship fee from corporate against which it provides various types of advertisement services and free passes are also provided - Making slabs for sponsorship fee and specifying the types of service against it are certainly for commercial gains with predominant objective to make profit - No Exemption. Highlights Income Tax Tue, 05 Feb 2019 13:42:10 +0530 https://www.taxtmi.com/highlights?id=44336