taxation of income

Tax queries 514 views 1 replies

a school which is recognised by school board of AP and which receives funds USA  is taxable or not.

Replies (1)

Mr.Vijay Kumar

If the school (you have to acertain whether it is trust, society or any other body) is registered u/s 10(23C), the income of the school  is exempted.

With Best Wishes

Sathikonda


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register