https://www.taxtmi.com/caselaws?id=117515 The Tribunal upheld the CIT(A)'s decision to grant exemption under section 10(22) of the Income-tax Act to the assessee-society, emphasizing that the society's income, used solely for educational purposes, qualified for the exemption. The Tribunal highlighted the importance of consistency in tax assessments and rejected the revenue's argument to restrictively interpret "any income" under section 10(22), stating that as long as the income is utilized for educational activities, it falls within the exemption criteria. en-us Mon, 30 May 2005 00:00:00 +0530 Thu, 10 Jan 2013 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117515 The Tribunal upheld the CIT(A)'s decision to grant exemption under section 10(22) of the Income-tax Act to the assessee-society, emphasizing that the society's income, used solely for educational purposes, qualified for the exemption. The Tribunal highlighted the importance of consistency in tax assessments and rejected the revenue's argument to restrictively interpret "any income" under section 10(22), stating that as long as the income is utilized for educational activities, it falls within the exemption criteria. Case-Laws Income Tax Mon, 30 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117515