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Income Tax - Highlights / Catch Notes

Home Highlights February 2014 Year 2014 This

Application for exemption u/s 10(23C)(vi) - existence of surplus ...

Case Laws     Income Tax

February 3, 2014

Application for exemption u/s 10(23C)(vi) - existence of surplus / profit - it will not cease to be one existing solely for educational purposes since the object is not one to make profit - HC

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  9. Exemption u/s. 10(23C)(vi) - Assessee Trust having multiple objects cannot be said to be existing “solely for the purpose of education”. It is open to the trust to...

  10. Exemption u/s 10(23C)(vi) - Commissioner was of the opinion that the activity of the respondent-assessee cannot be said to be solely for imparting the education and,...

  11. Exemption under 10(23C) - It is not statutorily incumbent upon the assessee to obtain registration u/s 12A of the Act, to enable it for exemption u/s 10(23C) of the Act....

  12. Entitlement for exemption u/s 10(23C)(vi) – Exemption u/s 11 – Deposits and donations added – Nature of the Institution – Educational OR profit motive - exemption allowed - AT

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  15. Refusal of registration u/s 10(23C)(vi) - Although the ld. CIT (E) has said so, it nowhere stands proved that the funds/income of the Applicant are being utilised for...

 

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