.png)
Article Details
| 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 |
 |