https://www.taxtmi.com/caselaws?id=3496 The court dismissed the appeal, finding no substantial question of law to consider. It emphasized that minor discrepancies in the Assessee's accounts did not automatically imply a shift from educational to profit motives. The court highlighted the Assessee's consistent utilization of funds for educational purposes and previous grants of exemption under Section 10(22) as crucial factors in determining the primary objective. The evidence presented regarding donations and payments to a construction company supported the conclusion that funds were used for educational purposes, countering allegations of diversion for profit motives. en-us Wed, 10 Jan 2007 00:00:00 +0530 Mon, 28 Jul 2008 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3496 The court dismissed the appeal, finding no substantial question of law to consider. It emphasized that minor discrepancies in the Assessee's accounts did not automatically imply a shift from educational to profit motives. The court highlighted the Assessee's consistent utilization of funds for educational purposes and previous grants of exemption under Section 10(22) as crucial factors in determining the primary objective. The evidence presented regarding donations and payments to a construction company supported the conclusion that funds were used for educational purposes, countering allegations of diversion for profit motives. Case-Laws Income Tax Wed, 10 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3496