Registration under Sec 10(23)C
P.R.VITTAL RAO ( Professiob) (32 Points)
30 January 2010P.R.VITTAL RAO ( Professiob) (32 Points)
30 January 2010
Amir
(Learner)
(4016 Points)
Replied 30 January 2010
Dear P.R.Vittal Rao,
I also agree with what u r saying, that Registration u/s 10(23C)(iid) is not compulsory...
Since ur Institute is registered u/s 12, then it's income is exempt based on the Provisions of Sec 11 & 12..
Sec 10 has no role to play in case of exemptions u/s 11 & 12.
ARUN KUMAR
(DEPUTY GENERAL MANAGER (F&A))
(90 Points)
Replied 09 February 2010
The objective of Section 10(23), 35(1) and 12AA are absuletely seperate.
May please go through Income tax Rules
Be satisfied with Notice clauses and reply accordingly
in other difficulty we may contact to me on my mobile 9015900450