Dear Friends
One of my client is Trust running educational institution and whose gross receipt is less than 5 Crores. Whether I can claim exemption u/s 10 (23C)(iiid) of the income tax act. If so , whether I should file Audit Report in Form 10 BB
Please clarify
Thanks
Actual Gross Receipts is Rs 21500000/- (Two Crore Fifteen Lakhs only)
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