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Case Law Details

Case Name : St. Lawrence Educational Society (Regd.) & Another Vs. Commissioner of Income Tax Delhi (Central) & Another (Delhi High Court)
Appeal Number : W.P.(C) 1254/2010
Date of Judgement/Order : 31/01/2011
Related Assessment Year :
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Delhi HC Rules Exemption Under Section 10(23C)(vi) of the Income Tax Act, 1961 cannot be denied merely because there is a surplus.

Delhi High Court held that It is not possible to carry on educational activity in such a way that the expenditure exactly balances the income a

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