It exemption to society

This query is : Resolved 

30 March 2013 whether exemption u/s 10(23) is available to a society registered under "The Haryana Registration and Regulation of Society act, 2012". The main object of proposed society is to operate a school.

01 April 2013 dear CA. Pawan..

you can benefit under section 10(23c)(iiiad) if the gross receipts of the school does not exceeds 1 crore..



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