Regarding sec 10(23)(iiiab)
This query is : Resolved
02 December 2016
if society has receipts morethan 1crore (govt funding 98 lakhs), required to audit or not , and how to claim sec10 exemption.
03 December 2016
No audit is required under income tax Act. Claim exemption u/s 10(23C)(iiiab).
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