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Income Tax - Highlights / Catch Notes

Home Highlights January 2012 Year 2012 This

Exemption u/s 10(23C) – Merely on the ground that petitioner is ...


Court Rules Tax Exemption Valid for Non-UGC Recognized Western Music School u/s 10(23C) of Income Tax Act.

January 5, 2012

Case Laws     Income Tax     HC

Exemption u/s 10(23C) – Merely on the ground that petitioner is not recognized by the UGC or any Board constituted by the Government of India for imparting formal education in the field of western music and that petitioner is not itself awarding any certificate or degree to the students, it cannot be said that it does not qualify to be an educational institution... - HC

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