https://www.taxtmi.com/caselaws?id=358511 The Tribunal upheld the assessee's exemption claims under Sections 11 & 12 of the Income Tax Act, determining that the assessee qualifies as an educational institution and not for the advancement of any other object of general public utility. The Tribunal also found the assessee to be a charitable institution engaged in education, allowing the exemption under Sections 11 & 12. The Tribunal dismissed the Revenue's appeal for one assessment year and allowed the assessee's appeals for subsequent years, emphasizing the non-applicability of the proviso to Section 2(15) due to the absence of a profit motive. en-us Thu, 25 Jan 2018 00:00:00 +0530 Fri, 13 Apr 2018 08:17:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358511 The Tribunal upheld the assessee's exemption claims under Sections 11 & 12 of the Income Tax Act, determining that the assessee qualifies as an educational institution and not for the advancement of any other object of general public utility. The Tribunal also found the assessee to be a charitable institution engaged in education, allowing the exemption under Sections 11 & 12. The Tribunal dismissed the Revenue's appeal for one assessment year and allowed the assessee's appeals for subsequent years, emphasizing the non-applicability of the proviso to Section 2(15) due to the absence of a profit motive. Case-Laws Income Tax Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358511