Wednesday, September 15, 2021

No exemption if educational funds to another organization not existing solely for education purposes; SLP dismissed

INCOME TAX : SLP dismissed against impugned order of High Court holding that where assessee-school had been diverting funds under head of educational extension services to another organization which was not existing solely for educational purposes, assessee could not be granted exemption under section 10(23C)(vi)

from www.taxmann.com Latest Case Laws https://ift.tt/39assJI
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