Denial of exemption u/s. 10(23C)(iii)(ad) - assessee is AOP - ...

Family Trust Denied Tax Exemption: Educational Institution Operates with Profit Motive, Fails Section 10(23C)(iii)(ad) Requirements.

May 17, 2017

Case Laws Income Tax AT

Denial of exemption u/s. 10(23C)(iii)(ad) - assessee is AOP - the Assessee is a family Trust and earning profit/benefits and not achieving the objects of the Trust - assessee organization is an educational institution being run for profit and thus ineligible for the exemption - AT

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Denial of exemption u/s. 10(23C)(iii)(ad) - assessee is AOP - ...

Family Trust Denied Tax Exemption: Educational Institution Operates with Profit Motive, Fails Section 10(23C)(iii)(ad) Requirements.

May 17, 2017

Case Laws Income Tax AT

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