https://www.taxtmi.com/notifications?id=117208 A new rule states that a university, educational institution, hospital or similar institution is considered substantially financed by the Government for any previous year if the Government grant to that institution exceeds fifty percent of its total receipts for the relevant previous year, with total receipts including any voluntary contributions. en-us Fri, 12 Dec 2014 00:00:00 +0530 Thu, 13 Jun 2019 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=117208 A new rule states that a university, educational institution, hospital or similar institution is considered substantially financed by the Government for any previous year if the Government grant to that institution exceeds fifty percent of its total receipts for the relevant previous year, with total receipts including any voluntary contributions. Notifications Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/notifications?id=117208