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tax liability upon school buses

Income Tax - Started By: - navya singh - Dated:- 19-9-2016 Last Replied Date:- 27-9-2016 - dear sircan be tax levied upon school buses when they are used for commercial purpose. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Whether you meant for se .....

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al purpose is not within the activity of education. It cannot claim the benefit of income tax exemption. It is taxable. However I welcome views of experts. Thanks. - Reply By YAGAY AND SUN - The Reply = If school buses are used for commercial purpose .....

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