CTEP practice question 16 of 35
______________ of the Income Tax Act provides for the registration of a Charitable Trust. _____________ of the Income Tax Act contains the provision…
Choose your answer, then check it against the explanation.
______________ of the Income Tax Act provides for the registration of a Charitable Trust.
_____________ of the Income Tax Act contains the provision that the profits and gains of the
business carried on by a charitable trust would be fully exempt from tax if it is attains the objects of
the trust.
Question 16 of 35
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