TaxTMI 
TaxTMI 
open school registered under co oprative society act promoting education to ST SC or other backward cast is eligiable for exemption u/s 10(27)
CO oprative society
29 May 2015 
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Income tax exemption eligibility for open school run by cooperative society promoting education for ST/SC/OBCs questioned.
Whether an open school registered under the Cooperative Societies Act and promoting education for Scheduled Tribes, Scheduled Castes or other backward classes qualifies for income tax exemption under section 10(27) is the sole operative query concerning the society's registration and educational purpose. (AI Summary)
Whether an open school registered under the Cooperative Societies Act and promoting education for Scheduled Tribes, Scheduled Castes or other backward classes qualifies for income tax exemption under section 10(27) is the sole operative query concerning the society's registration and educational purpose. (AI Summary)