https://www.taxtmi.com/caselaws?id=406617 The Tribunal remitted the issue of exemption u/s.10(23C)(vi) of the Income-tax Act back to the Assessing Officer for reconsideration. The Tribunal considered previous decisions and the appellant's argument that its activities were educational, emphasizing training for banking personnel. The case was sent back for a fresh decision after considering the final judgment of the High Court for the relevant assessment year. The appeals were partly allowed for statistical purposes, pending further review by the CIT(Exemptions) based on the High Court's final judgment. en-us Thu, 15 Apr 2021 00:00:00 +0530 Sat, 17 Apr 2021 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406617 The Tribunal remitted the issue of exemption u/s.10(23C)(vi) of the Income-tax Act back to the Assessing Officer for reconsideration. The Tribunal considered previous decisions and the appellant's argument that its activities were educational, emphasizing training for banking personnel. The case was sent back for a fresh decision after considering the final judgment of the High Court for the relevant assessment year. The appeals were partly allowed for statistical purposes, pending further review by the CIT(Exemptions) based on the High Court's final judgment. Case-Laws Income Tax Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406617