https://www.taxtmi.com/caselaws?id=212393 The case involved an appeal against the Commissioner of Income Tax's rejection of an application for approval under Section 80G of the Income Tax Act, 1961. The Tribunal directed approval to the assessee, emphasizing that the capital expenditure for educational purposes aligned with the society's charitable objectives, resulting in no surplus when depreciation and capital expenses were deducted. Despite enjoying exemption under Section 12AA, the Commissioner's denial was overturned, with the court upholding the Tribunal's decision. The appeal was dismissed, finding no substantial question of law for determination. en-us Wed, 12 Oct 2011 00:00:00 +0530 Wed, 16 May 2012 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212393 The case involved an appeal against the Commissioner of Income Tax's rejection of an application for approval under Section 80G of the Income Tax Act, 1961. The Tribunal directed approval to the assessee, emphasizing that the capital expenditure for educational purposes aligned with the society's charitable objectives, resulting in no surplus when depreciation and capital expenses were deducted. Despite enjoying exemption under Section 12AA, the Commissioner's denial was overturned, with the court upholding the Tribunal's decision. The appeal was dismissed, finding no substantial question of law for determination. Case-Laws Income Tax Wed, 12 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212393