https://www.taxtmi.com/caselaws?id=341484 The Tribunal upheld the CIT(A)'s decision, allowing the Gujarat State Tribal Development Residential Educational Institutions Society's claim for exemption under section 10(23C)(iiiab) of the Income Tax Act. The Tribunal found that the institution was eligible for exemption as it was solely for educational purposes and substantially financed by the government. The addition of Rs. 6,13,78,824/- by the Assessing Officer was deemed invalid, and the Revenue's appeal was dismissed. en-us Thu, 06 Apr 2017 00:00:00 +0530 Mon, 10 Apr 2017 10:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341484 The Tribunal upheld the CIT(A)'s decision, allowing the Gujarat State Tribal Development Residential Educational Institutions Society's claim for exemption under section 10(23C)(iiiab) of the Income Tax Act. The Tribunal found that the institution was eligible for exemption as it was solely for educational purposes and substantially financed by the government. The addition of Rs. 6,13,78,824/- by the Assessing Officer was deemed invalid, and the Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 06 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341484