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Educational Institutions Can Retain Tax-Exempt Status Despite Incidental Surplus u/ss 11 or 10(23C)(iiiab.

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....Exemption u/s 11 / 10(23C)(iiiab) - charitable activity - If after meeting expenditure, a surplus arises incidentally from the activity carried on by the educational institution, it will not be cease to be one existing solely for educational purposes - HC....

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