https://www.taxtmi.com/caselaws?id=402759 The Tribunal allowed the appeal, determining that providing hostel facilities to students constitutes an educational activity and does not fall under the proviso to Section 2(15) of the Income Tax Act. The Assessing Officer was directed to grant relief to the trust and re-calculate the taxable income considering benefits under Sections 11 and 12. The delay in pronouncing the order beyond the 90-day period due to the Covid-19 pandemic was deemed justified by the Tribunal. en-us Mon, 29 Jun 2020 00:00:00 +0530 Tue, 12 Jan 2021 13:31:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402759 The Tribunal allowed the appeal, determining that providing hostel facilities to students constitutes an educational activity and does not fall under the proviso to Section 2(15) of the Income Tax Act. The Assessing Officer was directed to grant relief to the trust and re-calculate the taxable income considering benefits under Sections 11 and 12. The delay in pronouncing the order beyond the 90-day period due to the Covid-19 pandemic was deemed justified by the Tribunal. Case-Laws Income Tax Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402759