https://www.taxtmi.com/circulars?id=5253 Income of an institution existing solely for educational purposes and not for profit is exempt from tax and such institutions are not required to invest their funds in the modes specified by provisions governing charitable trust investments. This clarification does not apply to institutions seeking exemption under the separate charitable-trust provisions, which remain subject to the applicable investment-mode requirements. en-us Tue, 25 Jul 1995 00:00:00 +0530 Sat, 20 Sep 2008 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5253 Income of an institution existing solely for educational purposes and not for profit is exempt from tax and such institutions are not required to invest their funds in the modes specified by provisions governing charitable trust investments. This clarification does not apply to institutions seeking exemption under the separate charitable-trust provisions, which remain subject to the applicable investment-mode requirements. Circulars Income Tax Tue, 25 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5253