Thursday, 23 April 2015

Sec. 11 relief available to Indian Medical Association if it was endorsing health products to promot

IT : Where assessee, Indian Medical Association, engaged in promoting public health, endorsed products of various companies on claims of health and nutritional benefits, said activity could not be regarded as violative of provisions of section 2(15) and, thus, assessee's claim for exemption of income was to be allowed

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