classes except during the period from 03.05.2011 to 11.07.2011 for
summer Internship. The Assessing Officer also found that the commission
bill dated 30.03.2011 raised
Kyrgyzstan for the study of Bachelor of Medicine, post
graduate and internship. The assessee is stated to be engaged in the
business of earning
ties a knot between
Corporates. Alumni and create new awareness for internship and
placement.
(b) According to clause 5(a) of the main object
expenditure incurred to earn tax free income, the
Tribunal held that internship fee paid to Mrs. Bangur cannot said to be an expenditure
incurred
bright and meritorious
students from the said institution to do their internship which in turn
help the assessee to carry on day to day business
