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Income Tax - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Income from the professional fees - charitable activity - ...


Income from Professors' Fees Deemed Commercial, Not Charitable, u/s 2(15) of the Income Tax Act.

November 23, 2015

Case Laws     Income Tax     AT

Income from the professional fees - charitable activity - whether the assessee is paying fees to professors and collecting charges from outside parties and net balance is offered as income, which is a commercial activity? - the activity of the assessee is not covered by the provisions of section 2(15) - AT

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