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Case Name : Madhur Sree Madanantheswara Vinayaka Temple Vs ITO (Kerala High Court)
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Madhur Sree Madanantheswara Vinayaka Temple Vs ITO (Kerala High Court)

Board Exempt, Temple Not – HC Settles the 10(23BBA) Debate Once & For All- No Divine Exemption: Temple ≠ Board: Kerala HC Draws the 10(23BBA) Red Line; Income of Deity Not Immune: Kerala HC Says Temple Can’t Claim 10(23BBA)

No Blanket IT Exemption for Temples – Only Devaswom Board Gets 10(23BBA) Shield- Temple Income Taxable Unless 11/12 Conditions Met

Payyannur Case No Rescue – Kerala HC Clarifies Temples Not Covered by 10(23

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CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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