Section 2(15) Amendment: Appellant's Public Benefit Activities Qualify for Income Tax Exemption u/s 11.

Section 2(15) Amendment: Appellant's Public Benefit Activities Qualify for Income Tax Exemption u/s 11. https://www.taxtmi.com/highlights?id=66719 Exemption u/s 11 - Scope of amendment to Section 2(15) - dominant object test - the aforesaid activities of the Appellant are directed towards the benefit of investors and potential investors forming part of the general public and are not limited to the benefit of its members. - AO is directed to allow exemption under Section 11 of the Act to the Appellant - AT en-us Wed, 23 Nov 2022 16:13:32 +0530 Wed, 23 Nov 2022 16:13:32 +0530 TaxTMI RSS Generator Section 2(15) Amendment: Appellant's Public Benefit Activities Qualify for Income Tax Exemption u/s 11. https://www.taxtmi.com/highlights?id=66719 Exemption u/s 11 - Scope of amendment to Section 2(15) - dominant object test - the aforesaid activities of the Appellant are directed towards the benefit of investors and potential investors forming part of the general public and are not limited to the benefit of its members. - AO is directed to allow exemption under Section 11 of the Act to the Appellant - AT Highlights Income Tax Wed, 23 Nov 2022 16:13:32 +0530 https://www.taxtmi.com/highlights?id=66719