<h1>Supreme Court Remands Case on Educational Institution's Charitable Status After Retrospective Tax Amendment Consideration.</h1> The tribunal ruled in favor of an educational institution, recognized as a charitable organization under the Income Tax Act, 1961, stating that its activities primarily serve public utility by providing education, not commercial profit. The institution, despite earning surplus income, was deemed non-commercial as its primary objective is education, not profit. The Revenue department appealed to the Supreme Court, which, after considering a retrospective amendment effective from July 1, 2003, remanded the case back to the tribunal for reconsideration. The case highlights the complexities arising from retrospective tax amendments affecting charitable educational institutions.