Wednesday, 16 December 2015

In section 10(23C)(iiiad) cases, there is no need to file Form 10BB

IT: Where assessee-trust was carrying out sale activity of education during relevant year and its receipt from said activity was less than Rs. one crore, assessee's claim for exemption under section 10(23C) (iiiad) could not be rejected on ground that it had mentioned other objects also in trust deed

No comments:

Post a Comment