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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Rejection of grant of certificate for registration u/s ...


Court Rules Profit Does Not Bar Educational Entity from Section 10(23C)(vi) Registration if Education is Main Goal.

October 16, 2014

Case Laws     Income Tax     HC

Rejection of grant of certificate for registration u/s 10(23C)(vi) – Merely because some profit arises from its activity will not mean that the predominant object of the activity is to earn profit and that it is not an educational activity - HC

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