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Surplus income of an educational society. Is it taxable or exempted?


12-Oct-2023 (In Tax Law)

let me know whether surplus income of an educational society is taxed or exempted?

Answers (1)

Answer #1
1000 votes
It can- depending on the usage of the surplus income. I need some more facts please.

Request you to kindly provide me with some more documents and details so that I can render the exact opinion on this issue.

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