Dear Sir,
We have just incorporated Section 25 Company under the Companies Act. The object of this Company is to provide Education . Now we want to get this Section 25 Company registered u/s 12A of the Income Tax Act. Can we do it ? Can section 25 Company be registered under u/s 12A of the Income Tax ACt? Or Only Education Trust is registered u/s 12A of the I.T. Act.
Please explain.
Thanks & Regards,
Abdul Latif.
MY CLIENT RUNNING A NURSING HOME AND RECEIVED A SHOW CAUSE NOTICE FOR DUES OF SERVICE TAX SINCE FINANCIAL YEAR 2007-2008 TO 2011-12. PLS SUGGEST US THE MEANING OF NOTIFICATION NO.24/2010 DATED 22/06/2010 & 30/2011 DATED 25/04/2011 AS WE HAVE REGISTERED ACCORDING TO ABOVE NOTIFICATION FOR THE SAID PERIOD UNDER THE CAT OF "HEALTH SERVICES", BUT S.T. DEPARTMENT DEMANDING 40LAKHS DURING THE PERIOD FORM 2007-08, 08-09 & 09-10.
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Can section 25 company be registered u/s 12a of it act.