https://www.taxtmi.com/caselaws?id=261734 The High Court allowed the writ petition, setting aside the orders rejecting exemption and rectification under Section 10(23C) of the Income Tax Act, 1961. It emphasized the importance of continuous monitoring of educational institutions for compliance and upheld the petitioner's argument regarding the application of circulars and previous judgments. The Court ruled that the initial approval granted to the educational institution continued until withdrawn under specified conditions, directing a reconsideration of the rectification application. en-us Tue, 30 Jun 2015 00:00:00 +0530 Tue, 21 Jul 2015 06:17:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261734 The High Court allowed the writ petition, setting aside the orders rejecting exemption and rectification under Section 10(23C) of the Income Tax Act, 1961. It emphasized the importance of continuous monitoring of educational institutions for compliance and upheld the petitioner's argument regarding the application of circulars and previous judgments. The Court ruled that the initial approval granted to the educational institution continued until withdrawn under specified conditions, directing a reconsideration of the rectification application. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261734