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 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.
Full set: 472 questionsCorrect Answer:
A. Section 12A, Section 11 (4A)
Explanation
:
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