https://www.taxtmi.com/highlights?id=51092 Exemption u/s 10(23C)(vi) - existence solely for 'educational purpose' or not - activity of acquisition or lease of immovable properties as well as investment of funds in the equity - the monitoring of the activities of the petitioner is a matter of assessment by the AO - the Commissioner (CIT) has overstepped in assuming that the mere mention of the aforesaid two activities disentitles the petitioner to the approval and exemption sought. en-us Tue, 07 Jan 2020 08:25:58 +0530 Tue, 07 Jan 2020 08:25:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51092 Exemption u/s 10(23C)(vi) - existence solely for 'educational purpose' or not - activity of acquisition or lease of immovable properties as well as investment of funds in the equity - the monitoring of the activities of the petitioner is a matter of assessment by the AO - the Commissioner (CIT) has overstepped in assuming that the mere mention of the aforesaid two activities disentitles the petitioner to the approval and exemption sought. Highlights Income Tax Tue, 07 Jan 2020 08:25:58 +0530 https://www.taxtmi.com/highlights?id=51092