§ Mr. MARRIOTTasked the Chancellor of the Exchequer whether his attention has been called to the position of learned societies, registered under the 23rd Section of the Companies Act, 1867, as associations limited by guarantee, as regards assessment to Income Tax; and whether he will introduce legislation to place them, as regards exemption from Income Tax, in the same position as societies registered under the Industrial and Provident Societies Act, 1893?
Mr. CHAMBERLAINI would refer the hon. Member to the exemption contained in Section 37 of the Income Tax Act, 1918, in favour of charitable societies, which include societies for the promotion of science or other branches of learning. If the hon. Member has any special case in his mind, I will have inquiry made if he will give me the particulars.