taxability of private school
amit jain (banda) (68 Points)
25 July 2019
whether private schools are covered under sec 10(23c). what are the tax implication on their income.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169061 Points)
Replied 26 July 2019
Unless specific permission obtained from CIT under the provision, its taxable as normal PGBP income.
amit jain
(banda)
(68 Points)
Replied 26 July 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(169061 Points)
Replied 26 July 2019
Unless specific permission obtain from CIT, who so ever operate a school, its taxable.
amit jain
(banda)
(68 Points)
Replied 26 July 2019
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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