Hostel Run by Charitable Institution Imparting Education Can Claim IT exemption for Running Hostel

The Allahabad High Court has ruled that running a hostel by a charitable institution engaged in imparting education was not a separate activity, and any such surplus income can’t be treated as gains or profit arising out of a separate business or commercial activity. As per the Court, the element of commerce and trade in

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READ ALSO  Allahabad High Court Clarifies Definition of 'Gang' Under Uttar Pradesh Gangsters Act, Violence Not Required for Group Classification
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