No exemption if trust letting out ‘Kalyana Mandapams’ on exorbitant price without maintaining separate books: ITAT

INCOME TAX : ITAT denies tax exemption to a trust whose only ‘charity’ was to let out Kalyana Mandapams on commercial basis at exorbitant rentsINCOME TAX : ITAT denies tax exemption to a trust whose only ‘charity’ was to let out Kalyana Mandapams on commercial basis at exorbitant rentswww.taxmann.com Latest Case LawsRead More

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