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CHARITABLE TRUSTS charging market rates to Patients lose Tax Exemption Benefits:
Facebook LinkedIn Twitter ITAT denies exemption to a charitable trust charging patients at market rates. Fernandez Foundation, Hyderabad (ITA No.1884 & 1885/Hyd/2019 and ITA No.299/Hyd/2020) Facts: The assessee was a private limited company and converted the said company into a Section 8 Company (Charitable company) under the Companies Act, 2013 Read more…
