https://www.taxtmi.com/caselaws?id=268733 The Tribunal granted the educational institution exemption under Section 10(23C)(iiiab) of the Income Tax Act, as it existed solely for educational purposes, not for profit, and received substantial government financing. The exemption under Section 11 was also allowed, emphasizing that receiving capitation fees should not disqualify the institution from charitable status. The Tribunal directed the AO to grant exemptions under the relevant sections, dismissing the Revenue's appeals and upholding the institution's eligibility for tax benefits. en-us Wed, 16 Sep 2015 00:00:00 +0530 Mon, 30 Nov 2015 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268733 The Tribunal granted the educational institution exemption under Section 10(23C)(iiiab) of the Income Tax Act, as it existed solely for educational purposes, not for profit, and received substantial government financing. The exemption under Section 11 was also allowed, emphasizing that receiving capitation fees should not disqualify the institution from charitable status. The Tribunal directed the AO to grant exemptions under the relevant sections, dismissing the Revenue's appeals and upholding the institution's eligibility for tax benefits. Case-Laws Income Tax Wed, 16 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268733