https://www.taxtmi.com/caselaws?id=262549 An exemption application under Section 10(23C)(vi) must be decided on complete relevant material and in light of the governing statutory framework. The rejection here was unsustainable because the authority had not considered the final income and expenditure figures and had not properly examined the effect of the Gujarat Private Universities Act, 2009 on the institution's status and control. The order was quashed and the matter remanded for fresh consideration after hearing the petitioner and evaluating the relevant provisions and record. en-us Mon, 27 Jul 2015 00:00:00 +0530 Thu, 13 Aug 2015 07:01:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262549 An exemption application under Section 10(23C)(vi) must be decided on complete relevant material and in light of the governing statutory framework. The rejection here was unsustainable because the authority had not considered the final income and expenditure figures and had not properly examined the effect of the Gujarat Private Universities Act, 2009 on the institution's status and control. The order was quashed and the matter remanded for fresh consideration after hearing the petitioner and evaluating the relevant provisions and record. Case-Laws Income Tax Mon, 27 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262549