Trust-Level Exemption Under Section 10(23C)(iiiab) Applies to Educational Societies Irrespective of Individual Institution Funding
Trust-Level Exemption Under Section 10(23C)(iiiab) Applies to Educational Societies Irrespective of Individual Institution Funding Issue Whether an educational society running multiple institutions under a common umbrella is eligible for tax exemption under section 10(23C)(iiiab) of the Income-tax Act, 1961, when certain individual or unaided units exceed the gross receipt threshold or operate independently without separate… Read More »