IF AN EDUCATIONAL INSTITUTE RECEIVES FEES FROM IT'S STUDENTS, THEN WHERE SUCH FEES IS TO BE SHOWN IN ITR-7?
Fees received by educational institute
KANHU CHARAN SAMAL (ARTICLE ASSISTANT STUDENT CA FINAL) (67 Points)
26 February 2014KANHU CHARAN SAMAL (ARTICLE ASSISTANT STUDENT CA FINAL) (67 Points)
26 February 2014IF AN EDUCATIONAL INSTITUTE RECEIVES FEES FROM IT'S STUDENTS, THEN WHERE SUCH FEES IS TO BE SHOWN IN ITR-7?
SHASHANK AGARWAL
(self employed)
(114 Points)
Replied 04 March 2014
it is a PGBP Income as per section 28 of the IT Act.
https://knowyourtaxation.blogspot.in/
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)