https://www.taxtmi.com/caselaws?id=341369 ITAT AMRITSAR - AT held the reassessment notice under section 147 invalid and allowed the appeal of the assessee. The Tribunal found the school existed solely for educational purposes, imparted no religious instruction, and followed the State Board pattern; receipts for AY 2007-08 were well below the Rs.1 crore threshold. Prior recognition of the governing body's charitable educational status in related proceedings further undercut the AO's reasons for reopening. The reasons recorded for reopening were based on factual errors, rendering the notice unsustainable. en-us Fri, 15 Jul 2016 00:00:00 +0530 Tue, 24 Feb 2026 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341369 ITAT AMRITSAR - AT held the reassessment notice under section 147 invalid and allowed the appeal of the assessee. The Tribunal found the school existed solely for educational purposes, imparted no religious instruction, and followed the State Board pattern; receipts for AY 2007-08 were well below the Rs.1 crore threshold. Prior recognition of the governing body's charitable educational status in related proceedings further undercut the AO's reasons for reopening. The reasons recorded for reopening were based on factual errors, rendering the notice unsustainable. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341369