Investment of funds by educational institutions covered under section 10(22) of Income-tax Act--Clarification regarding

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s by educational institutions covered under section 10(22) of Income-tax Act--Clarification regarding. Circular No. 712 Dated 25/7/1995 Under section 10(22) of the Income-tax Act, any incom .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of the Act. It is hereby clarified that since section 10(22) does not impose any restriction regarding mode of investment of funds, such institutions are not required to invest their funds in the mode .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X