Laws / Income Tax Law / 2(43)
2(43) - charitable purpose
2(43) “charitable purpose” means—
(a) relief for the poor, education relief, medical relief; and
(b) the improvement or advancement of any purpose of general public utility; but the improvement or advancement of any purpose of general public utility shall not be deemed to be a charitable purpose —
(i) unless it is appr...
Premium content
You are viewing a preview. Upgrade your subscription to read the full article.
View plansRelated documents
Open library-
Explanation on Charitable Purpose
Circular • No. 64 • 2024