what is sec of NGO which they income tax free is exist
which registration of income tax
Sec 8 of companies act and 2(15) of income tax act defines the meaning of NGO
As per sec 11,12,12A,12AA of income tax act where NGO can get benefits of tax exemption
Sec 11,12 of income tax act provides exemption to NGO
And sec 12AA relates to registration of NGO.
CAclubindia
