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Gymkhana Club providing sports and other recreational facilities only to its members can’t be treated as charitable trust
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Corporate Tax
Gymkhana Club providing sports and other recreational facilities only to its members can’t be treated as charitable trust
Posted on
on
August 22, 2014
Tenet Tax Daily August 22 2014
By
tenettax-team
Corporate Tax
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Cos with huge turnover, abnormal profits or functional differences are excludible from comparables list
Interest granted on tax refund could be withdrawn by AO for giving effect to order passed by ITAT
