Exemption under I.T ACT
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 December 2010
One of our client runs a Vocational Training center(Industrial Training Center)from 1998 after registering the same institute under Society registration Act in one of the district of Orissa.However they did not apply for registration under Section 12A of the Income Tax as yet.Are they eligible to get exemption u/s 11 of the I.T Act on application of the whole income for charitable purpose
07 December 2010
Exemption may be available after the registration u/s 12A.
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