Question ID : 43
A Society is runng schools and colleges whose annual receipts are more than 1 crore. The AO under
A Society is runng schools and colleges whose annual receipts are more than 1 crore. The AO
under section 143(3) assessment taxed the come from school for not obtag approval from prescribed authority under section 10(23C) though the society is registered under section 12 A of the act. The society has obtaed 12A registration a decade back and all these years the society is filg the urns regurly and cmg exemption under section 11 and 12.Whether the action of AO is justified? '
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