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I.T.AS. NOS. 3602 TO 3604/LB 3758/LB TO 3706/LB OF 1986-87, 176/LB TO 181/IB OF 1988-89 versus I.T.AS. NOS. 3602 TO 3604/LB 3758/LB TO 3706/LB OF 1986-87, 176/LB TO 181/IB OF 1988-89


Section 14 (1) and Second Schedule CLs 86 and 94 Societies Registration Act (XXI of 1860), Section 3 Exemption Reviewer, a registered society operating for the purpose of making the school's school exemption profit not established but voluntary There will be a school for donations. In the long run, no negative signal can be drawn to conclude that the Society had any profitable purpose, that the deficit was met through voluntary grants from other institutions that were ultimately engaged in school work. No part was ever divided among them. Members apply for a purpose other than the purpose of running this school, when the income generating educational institution was available for educational purposes only, it was entitled to be exempt.

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