Exemption u/s. 11 and 12 available as agreement entered didn’t violated purpose of charity

DCIT Vs Adarsh Foundation (ITAT Ahmedabad)

ITAT Ahmedabad held that agreement for transfer of operations, management and movable assets didn’t violated the purpose of charity and hence exemption under section 11 and 12 of the Income Tax Act duly available.

Facts- The assessee, Adarsh Foundation Trust, is regist

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