https://www.taxtmi.com/caselaws?id=339687 The appellate tribunal allowed the appeal, overturning the denial of exemption under section 10(23C) (iiiad) due to commercial activity. The tribunal directed the Assessing Officer to grant the benefit as the trust's activities aligned with educational purposes, with gross annual receipts below the limit. The tribunal considered the appellant's consistent exemption claims in previous years and the educational nature of its activities, disagreeing with the First Appellate Authority's decision. en-us Mon, 27 Feb 2017 00:00:00 +0530 Mon, 06 Mar 2017 09:06:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339687 The appellate tribunal allowed the appeal, overturning the denial of exemption under section 10(23C) (iiiad) due to commercial activity. The tribunal directed the Assessing Officer to grant the benefit as the trust's activities aligned with educational purposes, with gross annual receipts below the limit. The tribunal considered the appellant's consistent exemption claims in previous years and the educational nature of its activities, disagreeing with the First Appellate Authority's decision. Case-Laws Income Tax Mon, 27 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339687