Golf Promotion Group in Tamilnadu Wins Tax Exemption; Court Says Benefits Extend Beyond Members, Granting Section 11 Relief.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Exemption u/s 11 - object of the assessee is to promote the game of golf in the State of Tamilnadu. The benefits can be available not only for the members of the assessee-society but also non-members. Therefore, the beneficiaries cannot be identified - principles of mutuality is not applicable - exemption u/s 11 allowed - AT....