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sec:10(23(c))

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(Querist)
18 May 2016 Dear members, sir/madam educational institution (school s) registered under state society act. is treated as AOP or What? is 1cr exemption is applicable to this schools under sec-10(23)c or not? if yes what is the procedure to get this exemption?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 May 2016 It should be treated as AOP. ! cr exemption is available to this school under 10(23)c.
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Rupesh Jain

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Rupesh Jain (Expert)
19 May 2016 limit is availble. you cna register unde income tax for taking income tax exemption for registered as trust
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