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Exemption for running the business of counselling

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2014 Our client wants to start the business of Counselling and Guidance to IIT and other students. Is there any Exemption available on such business ?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
19 September 2014 if its business then no exemption is allowed so.
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Querist : Anonymous

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Querist : Anonymous (Querist)
19 September 2014 If it is not a business then ??
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
20 September 2014 then register under section 12A of the income-tax Act 1961
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 September 2014 yes register as a trust u/s 12A......
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