Following are the facts of a case on which I need your opinion for exemption u/s11
1)A trust has been formed to provide medical facilities to public..
2)Trust gives medical services to a pvt ltd company for which it charges adequate consideration.
3)That company is covered u/s 13(3)
My question is :
Is amount charged from pvt ltd co by trust for medical services is exempt u/s11?
CAclubindia
