15 November 2015
An aop running school .his annual recipt 10 lack .what condation aop should fullfill to claim the exemption u/s 10 23ciii(ab)pls reply urgent .should he has to file itr 7.or 5,
15 November 2015
The following conditions to be fulfilled for claiming exemption. 1 The annual total receipts not to exceed 1 crore 2 The institution is run solely for educational purpose. 3 The institution is a non profitable one.