Disallowance of exemption claimed u/s 10(23C)(iiiab) - imparting ...

Exemption u/s 10(23C)(iiiab) granted for education society wholly funded by Punjab government. No change in circumstances.

December 1, 2022

Case Laws Income Tax AT

Disallowance of exemption claimed u/s 10(23C)(iiiab) - imparting education - there is no change in the facts and circumstances of the case as regard retention of revenues by the assessee society as grant in aid by the Government of Punjab and the assessee society thus continue to remain wholly funded by the Government of Punjab and the assessee is thus held eligible for exemption under section 10(23C)(iiiab) - AT

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Disallowance of exemption claimed u/s 10(23C)(iiiab) - imparting ...

Exemption u/s 10(23C)(iiiab) granted for education society wholly funded by Punjab government. No change in circumstances.

December 1, 2022

Case Laws Income Tax AT

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