exemption

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Parth Desai (Querist)
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23 January 2009 An organisation fully owned by a state govenment provides educational training. Will the services be taxable under sub clause zzc or is there any tax exemption for such organisation? Pls quote the exemption notification if possible.

CA Amarpal

CA Amarpal (Expert)
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24 January 2009 Dear Parth,

As per the given facts,

As per sec. 65(27) of the Finance Act, 1994, any training centre or institute or establishment which issues any certificate or diploma or degree or any educational qualification recognised by law for the time being force, shall not be included under "commercial training or couching centre".

Hence, sec, 65(105)(zzc) does not apply to above institute or establishment.

AS per as the question of state government owned is concerned, it does not make any difference.

With best wishes
amarpal@icai.org

Parth Desai

Parth Desai (Querist)
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07 February 2009 Thank you Amarpal

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