sec 10(23c) IT act 1961

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..... when we have to apply 10(23c) ?In case of educational institution whose annual total receipts exceeds rupees 1 crore we cann't get exemption from IT act 1961 then what we have to do? - Reply .....

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..... By MARIAPPAN GOVINDARAJAN - The Reply = Section 10 (23c) ( iiiad ) provides that any university or other educational institution existing solely for educational purposes and not for purposes of p .....

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..... rofit if the aggregate annual receipts of such university or educational institution do not exceed the amount of annual receipts as may be prescribed. Rule 2BC(1) provides the limit as ₹ 1 cro .....

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..... re. Since the total receipts exceeds ₹ 1 crore, in my view, you cannot get exemption. - sec 10(23c) IT act 1961 - Query Started By: - hemanth ch Dated:- 15-12-2014 Income Tax - Got 1 Reply - .....

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..... Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMIT .....

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..... ax .....

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