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Scope of Section 2(15)- In Favor of Assessee
IT : Where motive of assessee is not generation of profit but to provide training to needy women in order to equip or train them and make them self-confident and self-reliant and occasional sales or trust's own fund generation was for furthering objects of trust, proviso to section 2(15) would not apply









 [2015] 60 taxmann.com 55 (Bombay)

 HIGH COURT OF BOMBAY

 Director of Income-tax

 v.

 Women's India Trust

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