https://www.taxtmi.com/caselaws?id=420250 The High Court of Orissa analyzed the interpretation of Section 10(23C)(vi) of the Income Tax Act and the validity of orders regarding tax exemption for an educational trust. The court upheld the decisions of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal, ruling in favor of the Assessee. It was emphasized that the income of the Trust derived solely from educational activities, leading to the dismissal of the appeal with no costs awarded. en-us Wed, 23 Mar 2022 00:00:00 +0530 Mon, 16 Jan 2023 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420250 The High Court of Orissa analyzed the interpretation of Section 10(23C)(vi) of the Income Tax Act and the validity of orders regarding tax exemption for an educational trust. The court upheld the decisions of the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal, ruling in favor of the Assessee. It was emphasized that the income of the Trust derived solely from educational activities, leading to the dismissal of the appeal with no costs awarded. Case-Laws Income Tax Wed, 23 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420250