Exemption under section 10(23C)(iiiad) - educational purpsoe - ...
Case Laws Income Tax
December 15, 2012
Exemption under section 10(23C)(iiiad) - educational purpsoe - If the existence of the assessee was not for the purposes of profit, but solely for educational purpose, then the receipts of the assessee, if the same did not exceed Rs. 1 crore per annum, will be outside the purview of total income as is the mandate contained in Section 10(23C)(iiiad) of the Act. - HC
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