Sec.10(23C)(iiiad) Receipts from more than one educational institutions cannot be clubbed

Brief Facts of the Case and Question of Law : Brief Facts The assesse is engaged in providing educational services through its two institutes viz, Junior High School and Senior Secondary School. The annual receipts from both are as follows: 1. Junior High School 46,12,186/ 2. Senior Secondary School 83,24,055/- Total 1,29,36,241/-  The assesse claimed tax exemption of its income u/s 10(23C)(iiiad) as the gross annual income did not exceed Rs. 1 crore for both its schools. He submitted both these schools are separate institutions as separate permissions were available on record f...