https://www.taxtmi.com/caselaws?id=247847 The Tribunal ruled in favor of the assessee, determining that its activities qualified as "charitable purpose" under section 2(15) of the Income Tax Act, 1961. The Tribunal held that the assessee was an educational institution eligible for exemption under section 11, emphasizing that its activities were educational and aimed at improving science education standards. Additionally, the Tribunal found no evidence to support the claim that the activities were commercial in nature, concluding that the surplus income generated was utilized for charitable objectives. The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision in favor of the assessee. en-us Fri, 16 May 2014 00:00:00 +0530 Fri, 15 Sep 2017 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247847 The Tribunal ruled in favor of the assessee, determining that its activities qualified as "charitable purpose" under section 2(15) of the Income Tax Act, 1961. The Tribunal held that the assessee was an educational institution eligible for exemption under section 11, emphasizing that its activities were educational and aimed at improving science education standards. Additionally, the Tribunal found no evidence to support the claim that the activities were commercial in nature, concluding that the surplus income generated was utilized for charitable objectives. The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s decision in favor of the assessee. Case-Laws Income Tax Fri, 16 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247847