American School of Bombay eligible for Income Tax Exemption: ITAT [Read Order]

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the American School of Bombay is eligible for income tax exemption under the Income Tax Act. The Assessing Officer had denied exemption to the assessee, The American School of Bombay Education Trust by holding that the assessee has not produced the books […]

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