https://www.taxtmi.com/caselaws?id=263564 Approval under Section 10(23C)(vi) turns on whether the institution exists solely for educational purposes and not for profit. Incidental surplus does not by itself defeat approval if it is applied wholly and exclusively to the institution's objects, and the authority must assess the predominant object of the trust or society rather than treating other objects, fee structure, or advertisement expenditure as conclusive proof of profit motive. On that test, refusal of approval on the stated grounds could not be sustained. The impugned order was quashed and the application was directed to be reconsidered afresh. en-us Wed, 19 Aug 2015 00:00:00 +0530 Sat, 05 Sep 2015 11:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263564 Approval under Section 10(23C)(vi) turns on whether the institution exists solely for educational purposes and not for profit. Incidental surplus does not by itself defeat approval if it is applied wholly and exclusively to the institution's objects, and the authority must assess the predominant object of the trust or society rather than treating other objects, fee structure, or advertisement expenditure as conclusive proof of profit motive. On that test, refusal of approval on the stated grounds could not be sustained. The impugned order was quashed and the application was directed to be reconsidered afresh. Case-Laws Income Tax Wed, 19 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263564