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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Exemption u/s 11 - admission of the students - the exemption ...

Case Laws     Income Tax

September 27, 2017

Exemption u/s 11 - admission of the students - the exemption cannot be denied in toto to the assessee with regard to the voluntary donations received by the assessee. Only such donations, which are admittedly not voluntary can be disallowed.

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  10. Exemption u/s 11 - Other receipts - Admittedly, in the case on hand, the benefit of section 11 has been denied to the assessee for the activities carried out for the...

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