https://www.taxtmi.com/caselaws?id=372488 A temple treated as a distinct religious institution and independent assessable unit under the Income-tax Act was considered eligible for approval under Section 10(23C)(v) as a trust or institution established wholly for public religious purposes. The record showed that approval had already been granted earlier, and the later application was in substance a continuation of that approval rather than a fresh claim. On that basis, the approval should run from the appropriate preceding assessment year without a break in exemption, so the earlier grant from assessment year 2015-16 was affirmed in principle. en-us Fri, 16 Nov 2018 00:00:00 +0530 Mon, 24 Dec 2018 08:31:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372488 A temple treated as a distinct religious institution and independent assessable unit under the Income-tax Act was considered eligible for approval under Section 10(23C)(v) as a trust or institution established wholly for public religious purposes. The record showed that approval had already been granted earlier, and the later application was in substance a continuation of that approval rather than a fresh claim. On that basis, the approval should run from the appropriate preceding assessment year without a break in exemption, so the earlier grant from assessment year 2015-16 was affirmed in principle. Case-Laws Income Tax Fri, 16 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372488