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Income Tax - Highlights / Catch Notes

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Exemption u/s 11 - set up a school in pursuance of its main ...


Family Trust's School Qualifies for Tax Exemption u/s 11; Eligible for Section 12AA Registration Despite Single-Family Operation.

June 13, 2018

Case Laws     Income Tax     AT

Exemption u/s 11 - set up a school in pursuance of its main object of educational activity - trust run by one family - No bar under the Act for registration u/s 12AA even if the trust is run by only one family and perform charitable activity.

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