Menu
taxability of private school
whether private schools are covered under sec 10(23c). what are the tax implication on their income.
Replies (4)
Unless specific permission obtained from CIT under the provision, its taxable as normal PGBP income.
what will be the treatment if it is run by society
Unless specific permission obtain from CIT, who so ever operate a school, its taxable.
If gross receipt is less than 1cr then can we claim exemption u/s 10(23c) sub clause (iiiad)
Recent Topics :
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
Related Topics :
CAclubindia
