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SURAJ.S (Article Assisitant)     27 May 2011

Joint Venture by a charitable organisation

Hi all.....i'm new here......

 

Can a charitable organisation registered under IT Act start or enter into a joint venture with a for - profit/ business entities without affecting its tax exemption..??? its only that they have to utilise the amount derived from such business for charitable purposes naaaa???????

 

Regards,

Suraj.S



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