Entity Managing Waste Deemed Charitable, Eligible for Tax Exemption u/s 11 of Income Tax Act.

Entity Managing Waste Deemed Charitable, Eligible for Tax Exemption u/s 11 of Income Tax Act. https://www.taxtmi.com/highlights?id=55142 Exemption u/s 11 - charitable activity u/s 2(15) - activity of management of liquid and solid wastes - the dominant objects of the assessee are charitable in nature and dominant object is not only preservation of environment but one of general public utility and, therefore, the assessee is entitled to seek exemption under section 11 of the Act. - HC en-us Tue, 13 Oct 2020 15:53:28 +0530 Tue, 13 Oct 2020 15:53:28 +0530 TaxTMI RSS Generator Entity Managing Waste Deemed Charitable, Eligible for Tax Exemption u/s 11 of Income Tax Act. https://www.taxtmi.com/highlights?id=55142 Exemption u/s 11 - charitable activity u/s 2(15) - activity of management of liquid and solid wastes - the dominant objects of the assessee are charitable in nature and dominant object is not only preservation of environment but one of general public utility and, therefore, the assessee is entitled to seek exemption under section 11 of the Act. - HC Highlights Income Tax Tue, 13 Oct 2020 15:53:28 +0530 https://www.taxtmi.com/highlights?id=55142