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Income of educational institutions and hospitals cannot claim exemption u/s 11,Income Tax Act 1961.
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.... November 15, 1976 Section(s) Referred: 11 Statute: Income - Tax Act, 1961 Reference is invited to Board's Instructions No. 594* (F. No. 197/1/72-IT(AI), dated the 23rd August 1973 wherein it was c....
TaxTMI
TaxTMI