https://www.taxtmi.com/caselaws?id=204102 The High Court held that the assessee-trust was not entitled to exemption under section 10(22) of the Income-tax Act as it did not exist solely for educational purposes. Additionally, the trust violated sections 11 and 13 by making impermissible investments. Both issues were decided in favor of the Revenue and against the assessee-trust. en-us Fri, 08 Oct 2010 00:00:00 +0530 Sat, 22 Dec 2012 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204102 The High Court held that the assessee-trust was not entitled to exemption under section 10(22) of the Income-tax Act as it did not exist solely for educational purposes. Additionally, the trust violated sections 11 and 13 by making impermissible investments. Both issues were decided in favor of the Revenue and against the assessee-trust. Case-Laws Income Tax Fri, 08 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204102