TMI BlogExempted capital receipt u/s 12 - when the development fee received by the assessee is not voluntary but...Exempted capital receipt u/s 12 - when the development fee received by the assessee is not voluntary but it is a compulsory charge on the students then the same cannot be classified as capital in nature for specific purpose or part of the corpus fund of the assessee trust. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
