Exemption u/s 10(23C)(iiiad) & Exemption u/s 11 (12AA Registration)


This query is : Resolved 

Quick Summary
This discussion clarifies tax exemption possibilities for educational institutions registered under Section 11 (12AA). It confirms that institutions can claim exemption under Section 10(23C)(iiiad), particularly if their total receipts are below the threshold. For Assessment Year 2022-2023 onwards, this threshold has been raised from 1 crore to 5 crores.

16 August 2022 Our is a Education Institution. We have registration u/s 11 (12AA Registration). In this connection, we request you to file we can claim exemption u/s 10(23C)(iiiad). If we have registration u/s 12A of the IT Act

18 August 2022 Yes, provided if total receipt less than 1 crore.

27 August 2022 FOR THE A.Y.2022-2023 ONWARDS IT IS INCREASED 1 CRORE TO 5 CRORES

28 August 2022 Yes, agreed with you.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details