https://www.taxtmi.com/caselaws?id=65353 The Tribunal allowed the appeal, directing the Assessing Officer to grant exemption under Section 10(22) of the IT Act to the educational society. It held that the society's activities were solely for educational purposes, rejecting the AO and CIT(A)'s findings of profit motive based on supervisory allowances, interest-free loans, unsigned vouchers, personal expenses, and a donation. The Tribunal emphasized the educational nature of the society's operations and historical consistency of exemptions in previous years. en-us Thu, 04 Apr 2002 00:00:00 +0530 Tue, 15 Feb 2011 11:40:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65353 The Tribunal allowed the appeal, directing the Assessing Officer to grant exemption under Section 10(22) of the IT Act to the educational society. It held that the society's activities were solely for educational purposes, rejecting the AO and CIT(A)'s findings of profit motive based on supervisory allowances, interest-free loans, unsigned vouchers, personal expenses, and a donation. The Tribunal emphasized the educational nature of the society's operations and historical consistency of exemptions in previous years. Case-Laws Income Tax Thu, 04 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65353