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Income Tax - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Exemption u/s. 10(22) - The recipient of the income must have ...


Income Tax Exemption u/s 10(22) Requires Institution to Be Educational and Based in India, Foreign Ties Irrelevant.

December 5, 2018

Case Laws     Income Tax     AT

Exemption u/s. 10(22) - The recipient of the income must have the character of an educational institute in India and its character outside India or it being a part of university existing outside India is not relevant for deciding whether its income would be exempt u/s. 10(22) of the Act or not.

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