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Income Tax - Highlights / Catch Notes

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Exemption u/s 10(23c)(iii)(ad) - Meaning of term aggregate ...


High Court Upholds Tribunal's Interpretation of "Aggregate Annual Receipt" u/s 10(23c)(iii)(ad) of Income Tax Act.

July 20, 2013

Case Laws     Income Tax     HC

Exemption u/s 10(23c)(iii)(ad) - Meaning of term aggregate annual receipt - the finding recorded by the Tribunal that aggregate annual receipt of other educational institution means, total annual receipt of each educational institution, is correct and it does not call for any interference. - HC

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