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The income of any university or other educational institution existing solely for educational purposes and...

The income of any university or other educational institution existing solely for educational purposes and not for the purposes of profit is exempt under clause (iiiad) of Section 10(23C) if the aggregate annual receipts’ of such university or educational institution do not exceed

A.

Rs.100 crores

B.

Rs.1 crore

C.

Rs. 10 crores

D.

Rs. 10 lakhs

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