S. 11 : Property held for charitable purposes-Investment-Exemption-Purchase of shares of subsidiary-Non-profit entity-Pursuant to Government policy and TRAI recommendations-No violation Exemption allowable. [S. 11(5), 12, 13(1)(d), 260A, Companies Act, 1956, S. 25]
CIT v. Indian Broadcasting Foundation (2025) 475 ITR 580 / 173 taxmann.com 311 (Delhi)(HC)