https://www.taxtmi.com/caselaws?id=118148 The Tribunal allowed the revenue's appeal, ruling that the assessee, despite being a trust registered under section 12A of the Income-tax Act, was not entitled to exemption under section 10(22) for the relevant year. This decision was based on the finding that the assessee did not engage in actual educational activities during the period but only provided scholarships, which were deemed insufficient to qualify as an educational institution under section 10(22). Therefore, the exemption under section 10(22) was denied to the assessee foundation for the relevant year. en-us Fri, 07 Jul 2006 00:00:00 +0530 Thu, 28 Jun 2012 17:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118148 The Tribunal allowed the revenue's appeal, ruling that the assessee, despite being a trust registered under section 12A of the Income-tax Act, was not entitled to exemption under section 10(22) for the relevant year. This decision was based on the finding that the assessee did not engage in actual educational activities during the period but only provided scholarships, which were deemed insufficient to qualify as an educational institution under section 10(22). Therefore, the exemption under section 10(22) was denied to the assessee foundation for the relevant year. Case-Laws Income Tax Fri, 07 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118148