TMI BlogHigh Court Denies Tax Exemption u/s 10 (23C) (vi) Due to Entity's Consistent Surplus Generation.Exemption under Section 10 (23C) (vi) refused - if surplus is generated year after year, it cannot be said to be existing solely for educational purposes - exemption denied - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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