https://www.taxtmi.com/caselaws?id=264638 The Court allowed the writ petition challenging the rejection of the Trust's application for exemption under Section 10(23C)(vi) and (via) of the Income Tax Act, 1961. The Trust, primarily engaged in educational activities, was granted approval as its main purpose aligned with educational objectives, despite engaging in other activities. The Court emphasized that the Trust's profit generation did not negate its educational focus, directing authorities to approve the Trust for the relevant assessment years and ensuring compliance with conditions post-approval. en-us Thu, 24 Sep 2015 00:00:00 +0530 Tue, 29 Sep 2015 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264638 The Court allowed the writ petition challenging the rejection of the Trust's application for exemption under Section 10(23C)(vi) and (via) of the Income Tax Act, 1961. The Trust, primarily engaged in educational activities, was granted approval as its main purpose aligned with educational objectives, despite engaging in other activities. The Court emphasized that the Trust's profit generation did not negate its educational focus, directing authorities to approve the Trust for the relevant assessment years and ensuring compliance with conditions post-approval. Case-Laws Income Tax Thu, 24 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264638