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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Eligibility for exemption u/s 10(23C) (iiiab) - The assessee is ...


Assessee Ineligible for Tax Exemption u/ss 10(23C)(iiiab) and 11 Due to Extra Charges Beyond Admission Fees.

July 30, 2013

Case Laws     Income Tax     AT

Eligibility for exemption u/s 10(23C) (iiiab) - The assessee is not entitled for exemption either u/s 11 or u/s 10(23C) in case it collected any money by whatever name it is called i.e., donation, building fund, auditorium fund etc. etc., over and above the prescribed fee for admission of students - AT

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