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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Where it was found that amount paid by parents of students ...

Income Tax

July 5, 2016

Where it was found that amount paid by parents of students admitted to assessee’s educational institution was not corpus donation amount, but it was collected only by way of capitation fees, such capitation fees was not exempt u/s 11.

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