https://www.taxtmi.com/caselaws?id=404895 The Tribunal held that the assessee was entitled to registration under section 12AA of the Income Tax Act, directing the CIT(Exemption) to grant registration from the date of application. The Tribunal relied on the Supreme Court decisions in Queen's Educational Society and St. Peter's Educational Society, emphasizing that surplus generation does not negate the charitable nature of an educational institution. Consequently, the appeal of the assessee was allowed, and the order was pronounced on 03rd March 2021. en-us Wed, 03 Mar 2021 00:00:00 +0530 Sat, 06 Mar 2021 09:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404895 The Tribunal held that the assessee was entitled to registration under section 12AA of the Income Tax Act, directing the CIT(Exemption) to grant registration from the date of application. The Tribunal relied on the Supreme Court decisions in Queen's Educational Society and St. Peter's Educational Society, emphasizing that surplus generation does not negate the charitable nature of an educational institution. Consequently, the appeal of the assessee was allowed, and the order was pronounced on 03rd March 2021. Case-Laws Income Tax Wed, 03 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404895