https://www.taxtmi.com/caselaws?id=338847 The Tribunal allowed the appeal, determining that the appellant was eligible for exemption under Section 10(23C)(iiiad) of the Income Tax Act, 1961. The Tribunal directed the Assessing Officer to grant the exemption, assessing the income as NIL, aligning with the appellant's return. This decision was based on the institution's educational purpose and the Supreme Court's ruling on incidental surplus not disqualifying an educational institution from exemption. en-us Fri, 03 Feb 2017 00:00:00 +0530 Mon, 13 Feb 2017 10:04:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338847 The Tribunal allowed the appeal, determining that the appellant was eligible for exemption under Section 10(23C)(iiiad) of the Income Tax Act, 1961. The Tribunal directed the Assessing Officer to grant the exemption, assessing the income as NIL, aligning with the appellant's return. This decision was based on the institution's educational purpose and the Supreme Court's ruling on incidental surplus not disqualifying an educational institution from exemption. Case-Laws Income Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338847