https://www.taxtmi.com/caselaws?id=402235 The revenue's appeals against the CIT(A) orders were dismissed by the High Court and ITAT. The court upheld the society's eligibility for income tax exemption under sections 11 and 12, emphasizing the educational nature of the society's activities in producing and distributing textbooks for economically disadvantaged students. The court ruled that the society's profit-making did not detract from its charitable purpose of advancing education, highlighting the consistent application of exemption criteria and the importance of promoting education for marginalized groups. en-us Wed, 09 Dec 2020 00:00:00 +0530 Thu, 03 Mar 2022 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402235 The revenue's appeals against the CIT(A) orders were dismissed by the High Court and ITAT. The court upheld the society's eligibility for income tax exemption under sections 11 and 12, emphasizing the educational nature of the society's activities in producing and distributing textbooks for economically disadvantaged students. The court ruled that the society's profit-making did not detract from its charitable purpose of advancing education, highlighting the consistent application of exemption criteria and the importance of promoting education for marginalized groups. Case-Laws Income Tax Wed, 09 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402235