https://www.taxtmi.com/news?id=619 The tribunal held that an institution recognized as charitable, whose primary object is imparting education and which reinvests surplus for institutional objectives, is not engaged in a commercial activity; applying a profit motive test, the coaching provided was held not to constitute taxable commercial training, while noting that the revenue has appealed to the apex court and providers should apply the tribunal's ruling with caution pending final adjudication. en-us Sun, 12 Oct 2008 23:21:47 +0530 Sun, 12 Oct 2008 23:21:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=619 The tribunal held that an institution recognized as charitable, whose primary object is imparting education and which reinvests surplus for institutional objectives, is not engaged in a commercial activity; applying a profit motive test, the coaching provided was held not to constitute taxable commercial training, while noting that the revenue has appealed to the apex court and providers should apply the tribunal's ruling with caution pending final adjudication. News - Sun, 12 Oct 2008 23:21:47 +0530 https://www.taxtmi.com/news?id=619