No denial of sec. 11 exemption to institute deploying its funds to a non-profit organisation as per Govt. policy

INCOME TAX : Where a charitable institution deployed its funds in equity of a non-profit company to meet wider objectives of public charitable nature on account of Central Government policy, exemption could not be deniedINCOME TAX : Where a charitable institution deployed its funds in equity of a non-profit company to meet wider objectives of public charitable nature on account of Central Government policy, exemption could not be deniedwww.taxmann.com Latest Case LawsRead More

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