Income tax exemption recognition for an educational trust confers eligibility and attendant tax consequences for specified assessment years. The Central Government notifies Dayanand Anglo-Vedic Trust College Management Society as recognized under the income tax exemption provision for educational or charitable institutions, applying that recognition to a specified sequence of assessment years and thereby conferring the legal status and attendant tax consequences of such recognition for the stated period.
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Income tax exemption recognition for an educational trust confers eligibility and attendant tax consequences for specified assessment years.
The Central Government notifies Dayanand Anglo-Vedic Trust College Management Society as recognized under the income tax exemption provision for educational or charitable institutions, applying that recognition to a specified sequence of assessment years and thereby conferring the legal status and attendant tax consequences of such recognition for the stated period.
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