Court Grants Tax Exemption for Swimming Activities, Denies Exemption for Card-Playing Income u/s 11, Income Tax Act.

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 - charitable activity u/s 2(15) - public charitable trust providing swimming pool facilities for training and for other aquatic events - assessee is also providing facilities of playing Cards and also having Permit Room, Bar and Restaurants for Catering and Soft Drinks - Except the income from playing cards, exemptions related to other activities allowed - AT....