Exemption u/s 10(23C)(iiiad) - The income generated from the ...
School's Income Benefits Commercial Entities, Loses Tax Exemption u/s 10(23C)(iiiad) for Educational Purposes.
September 18, 2019
Case Laws Income Tax AT
Exemption u/s 10(23C)(iiiad) - The income generated from the activity of running the school is substantially going in the hand of the commercial entities under agreements. - Hence assessee is not existed solely for education purpose and consequently the benefit of Section 10(23C)(iiiad) - AT
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