https://www.taxtmi.com/caselaws?id=208110 The Tribunal allowed the appeal, holding that depreciation and capital expenses incurred by the Educational Society constituted the application of funds for charitable purposes. The denial of approval under section 80G was deemed unjustified as the society's aims aligned with educational objectives, justifying the capital expenditure. Considering the society's compliance with exemption under section 12AA, the Tribunal directed the Commissioner to grant approval under section 80G. en-us Fri, 29 Jan 2010 00:00:00 +0530 Wed, 04 Jan 2012 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208110 The Tribunal allowed the appeal, holding that depreciation and capital expenses incurred by the Educational Society constituted the application of funds for charitable purposes. The denial of approval under section 80G was deemed unjustified as the society's aims aligned with educational objectives, justifying the capital expenditure. Considering the society's compliance with exemption under section 12AA, the Tribunal directed the Commissioner to grant approval under section 80G. Case-Laws Income Tax Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208110