No denial of sec. 11 relief to ‘Navi Mumbai Sports Assoc.’ merely because its activities include facility of bar room

INCOME TAX : Where in case of assessee trust, except for providing a bar room, all other activities of providing swimming pool facilities for aquatic events and training and facilities for other sports and squash, billiards and table tennis etc., were activities of carrying out object of general public utility, assessee trust was a charitable trust within meaning of section 2(15), hence, entitled to exemption under section 11INCOME TAX : Where in case of assessee trust, except for providing a bar room, all other activities of providing swimming pool facilities for aquatic events and training and facilities for other sports and squash, billiards and table tennis etc., were activities of carrying out object of general public utility, assessee trust was a charitable trust within meaning of section 2(15), hence, entitled to exemption under section 11www.taxmann.com Latest Case LawsRead More

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