https://www.taxtmi.com/caselaws?id=381852 The court upheld the competent authority's decision to deny registration under section 12AA, concluding that the activities of the assessee-society, particularly running a playschool, did not qualify as 'education' under section 2(15) of the Income Tax Act, 1961. The profit-sharing arrangement with a corporate entity indicated a dominant profit motive, disqualifying the society as a charitable institution. Despite concerns about the society's structure and membership, the primary disqualification stemmed from the lack of elements essential for education as defined by the Act. As a result, the court dismissed the assessee's appeal. en-us Tue, 18 Jun 2019 00:00:00 +0530 Thu, 20 Jun 2019 15:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381852 The court upheld the competent authority's decision to deny registration under section 12AA, concluding that the activities of the assessee-society, particularly running a playschool, did not qualify as 'education' under section 2(15) of the Income Tax Act, 1961. The profit-sharing arrangement with a corporate entity indicated a dominant profit motive, disqualifying the society as a charitable institution. Despite concerns about the society's structure and membership, the primary disqualification stemmed from the lack of elements essential for education as defined by the Act. As a result, the court dismissed the assessee's appeal. Case-Laws Income Tax Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381852