Businesswonder.com - Home Page

Income Tax Exemption under Section 10(23A) of Income Tax Act, 1961

 

Eligible Assessee

An association or institution set up in India for specified professions

 

 

 

Nature of Income

Any income other

Amount Exempt

Entire income

 

Conditions laid down for Tax Exemption u/s 10(23A)

  1. The association should be approved by the central than government

  2. The notified institution should apply or accumulated income for the purpose for which it is established

  3. The government may after giving opportunity to such institution, withdraw the approval if it finds that such institution does not adhere to the specified conditions.

HOME  About Us   Contact Us   Disclaimer   Privacy Policy