https://www.taxtmi.com/highlights?id=62658 Exemption u/s 11 - Charitable activity u/s 2(15) - assessee was giving on rent Kalyana Mandapa for fees - Assessee has not been maintaining books of account separately for the business of letting out of kalyana mandapa. Therefore, even assuming the business is incidental to the attainment of the objects of the trust in absence of separate books of account, the benefit of section 11 of the I.T.Act cannot be granted. - AT en-us Wed, 30 Mar 2022 17:07:04 +0530 Wed, 30 Mar 2022 17:07:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62658 Exemption u/s 11 - Charitable activity u/s 2(15) - assessee was giving on rent Kalyana Mandapa for fees - Assessee has not been maintaining books of account separately for the business of letting out of kalyana mandapa. Therefore, even assuming the business is incidental to the attainment of the objects of the trust in absence of separate books of account, the benefit of section 11 of the I.T.Act cannot be granted. - AT Highlights Income Tax Wed, 30 Mar 2022 17:07:04 +0530 https://www.taxtmi.com/highlights?id=62658