Section 12a/12aa
This query is : Resolved
10 October 2018
One of my client is a registered society under MP Societies Act and they are running a school. Gross Receipts of school does not exceed 1 Cr.. So we want to claim deduction u/s 10(23c)(iiiad).
So is it compulsory to take 12A/12AA registration or we simply take deduction u/s 10(23c)(iiiad)
Kindly Reply
So is it compulsory to take 12A/12AA registration or we simply take deduction u/s 10(23c)(iiiad)
Kindly Reply
10 October 2018
No, 12A/12AA registration is required. Simply take deduction u/s 10(23c)(iiiad).
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