Exemption u/s 10(23C) or u/s 11 - The assessee is not entitled ...
Tax Exemption Denied: Excess Collection Beyond Student Admission Fees Not Eligible u/s 11.
October 21, 2012
Case Laws Income Tax AT
Exemption u/s 10(23C) or u/s 11 - The assessee is not entitled for exemption u/s 11 in case it collected any money by whatever name it is called i.e., donation, building fund, auditorium fund etc. etc., over and above the prescribed fee for admission of students. - AT
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