https://www.taxtmi.com/caselaws?id=12203 The dominant issue was whether an educational society qualified for exemption under s.10(22) despite alleged infringements under s.13, independent income, donations, surplus, loans, and depreciation claims. The HC held that eligibility under s.10(22) turns on whether the institution exists solely for educational purposes and not for profit; incidental surplus, donations, or depreciation do not, by themselves, establish a profit motive. It further held that conditions in ss.11 and 13 are irrelevant when exemption is claimed under s.10(22). Given the categorical finding that the society had run educational institutions for decades without profit motive, and absent any change in objects/activities despite consistent past allowances, the Revenue's appeal was dismissed. en-us Thu, 05 Dec 2002 00:00:00 +0530 Fri, 26 Dec 2025 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12203 The dominant issue was whether an educational society qualified for exemption under s.10(22) despite alleged infringements under s.13, independent income, donations, surplus, loans, and depreciation claims. The HC held that eligibility under s.10(22) turns on whether the institution exists solely for educational purposes and not for profit; incidental surplus, donations, or depreciation do not, by themselves, establish a profit motive. It further held that conditions in ss.11 and 13 are irrelevant when exemption is claimed under s.10(22). Given the categorical finding that the society had run educational institutions for decades without profit motive, and absent any change in objects/activities despite consistent past allowances, the Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 05 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12203