https://www.taxtmi.com/caselaws?id=353206 The Tribunal found the show cause notice invalid as it lacked the necessary satisfaction of the prescribed authority, rendering subsequent proceedings void. The retrospective withdrawal of approval under Section 10(23C)(vi) was deemed invalid. Transactions alleged to violate Section 11(5) were considered legitimate payments for educational purposes. The Tribunal held that payments and expenses to specified persons were reasonable and aligned with educational objectives, not constituting undue benefit under Section 13(3). Consequently, the Tribunal allowed the appeal, setting aside the CIT(E)'s order and restoring approval to the assessee under Section 10(23C)(vi). en-us Wed, 20 Dec 2017 00:00:00 +0530 Thu, 31 May 2018 17:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353206 The Tribunal found the show cause notice invalid as it lacked the necessary satisfaction of the prescribed authority, rendering subsequent proceedings void. The retrospective withdrawal of approval under Section 10(23C)(vi) was deemed invalid. Transactions alleged to violate Section 11(5) were considered legitimate payments for educational purposes. The Tribunal held that payments and expenses to specified persons were reasonable and aligned with educational objectives, not constituting undue benefit under Section 13(3). Consequently, the Tribunal allowed the appeal, setting aside the CIT(E)'s order and restoring approval to the assessee under Section 10(23C)(vi). Case-Laws Income Tax Wed, 20 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353206