Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Receipts threshold for educational and medical institutions defines the exemption limit for nonprofit universities, schools, hospitals, and similar bodies. Annual receipts for a university or other educational institution existing solely for educational purposes and not for profit are fixed at a prescribed threshold. The same threshold applies to a hospital or similar institution existing solely for philanthropic purposes and not for profit, engaged in the reception and treatment of persons suffering from illness, mental defectiveness, convalescence, medical attention or rehabilitation. The rule functions as a receipt-limit provision for the relevant exemption categories.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Receipts threshold for educational and medical institutions defines the exemption limit for nonprofit universities, schools, hospitals, and similar bodies.
Annual receipts for a university or other educational institution existing solely for educational purposes and not for profit are fixed at a prescribed threshold. The same threshold applies to a hospital or similar institution existing solely for philanthropic purposes and not for profit, engaged in the reception and treatment of persons suffering from illness, mental defectiveness, convalescence, medical attention or rehabilitation. The rule functions as a receipt-limit provision for the relevant exemption categories.
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