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Government Agency in Jamnagar Qualifies for Tax Exemptions under Income Tax Act Section 11 for Charitable Activities.

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Full Text of the Document

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....Benefit of exemptions u/s.11 - the assessee is a Government agency and is engaged in co-ordinate and planned development of Jamnagar region which is pre-dominant object of the authority - general public utility services and amenities provided by such authorities would fall within the meaning of ‘charitable purposes’ as contemplated u/s 2(15)....