Tuesday, March 19, 2019

Sec. 10(23C) exemption was available if assessee was conducting skill training programmes for students: ITAT

IT : Where assessee was conducting various skill training programs for students to get placement, activities would fall within definition of education under section 2(15), thus entitling it for exemption under section 10(23C)(iiiab)

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...