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Income Tax - Highlights / Catch Notes

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Exemption u/s 10(23C) (iiiad) - If the corpus fund is excluded, ...

May 22, 2017

Case Laws     Income Tax     AT

Exemption u/s 10(23C) (iiiad) - If the corpus fund is excluded, the balance aggregate annual receipt of the assessee’s educational institution would be less than ₹ 1 crore. Therefore assessee would be entitled for exemption u/s 10(23C)(iiid) - AT

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