taxabilitiy of educational institutions

latharamesh (Querist) 25 August 2009 This query is : Resolved
Hello everyone
There are lots of educational institutions in INdia who are formed as trust and provide educational services by collecting fees. Under which head these trust are taxed?

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R.R. KRISHNAA (Expert) 25 August 2009
Educational institutions created by trusts are exempted from tax under section 10(23C) of the Income tax Act.

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