https://www.taxtmi.com/caselaws?id=274182 The HC upheld the CCIT's refusal to grant approval under Section 10(23C)(vi) for the financial year 2006-07, finding that the petitioner-institution was not existing solely for educational purposes and engaged in business activities not incidental to education. The court emphasized that tax exemptions are exceptions and must be strictly construed according to the plain language of the law. It rejected the petitioner's claim regarding non-confrontation of materials, noting that the CCIT based its decision on accounts furnished by the petitioner itself. Consequently, the petitioner was held ineligible for income tax exemption under the said provision. en-us Thu, 24 Nov 2011 00:00:00 +0530 Wed, 06 Aug 2025 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274182 The HC upheld the CCIT's refusal to grant approval under Section 10(23C)(vi) for the financial year 2006-07, finding that the petitioner-institution was not existing solely for educational purposes and engaged in business activities not incidental to education. The court emphasized that tax exemptions are exceptions and must be strictly construed according to the plain language of the law. It rejected the petitioner's claim regarding non-confrontation of materials, noting that the CCIT based its decision on accounts furnished by the petitioner itself. Consequently, the petitioner was held ineligible for income tax exemption under the said provision. Case-Laws Income Tax Thu, 24 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274182