https://www.taxtmi.com/caselaws?id=254910 The High Court upheld the Tribunal's decision to grant approval under Section 80G(5) of the Income Tax Act to the trust, emphasizing that the inquiry for approval should focus on whether the trust satisfies the conditions in Section 80G, not on actual expenditure or income assessment. The Court dismissed the Revenue's appeal, stating that the trust's activities aligned with its educational objectives, and the assessment of income and expenditure compliance should be conducted during assessment proceedings, not during the approval process. en-us Tue, 02 Dec 2014 00:00:00 +0530 Fri, 02 Jan 2015 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254910 The High Court upheld the Tribunal's decision to grant approval under Section 80G(5) of the Income Tax Act to the trust, emphasizing that the inquiry for approval should focus on whether the trust satisfies the conditions in Section 80G, not on actual expenditure or income assessment. The Court dismissed the Revenue's appeal, stating that the trust's activities aligned with its educational objectives, and the assessment of income and expenditure compliance should be conducted during assessment proceedings, not during the approval process. Case-Laws Income Tax Tue, 02 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254910