https://www.taxtmi.com/caselaws?id=421298 The High Court allowed the assessee's appeal, directing the grant of registration under Section 12AA of the Income Tax Act and subsequent approval under Section 80G(5)(vi) upon compliance. The Court emphasized a broad interpretation of "education" and clarified that generating surplus does not disqualify an institution if funds are reinvested for educational purposes. The Tribunal's decision aligned with the High Court's ruling, overturning previous rejections by the CIT(E) and ITAT. Both appeals by the assessee were successful. en-us Tue, 12 Apr 2022 00:00:00 +0530 Wed, 20 Apr 2022 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421298 The High Court allowed the assessee's appeal, directing the grant of registration under Section 12AA of the Income Tax Act and subsequent approval under Section 80G(5)(vi) upon compliance. The Court emphasized a broad interpretation of "education" and clarified that generating surplus does not disqualify an institution if funds are reinvested for educational purposes. The Tribunal's decision aligned with the High Court's ruling, overturning previous rejections by the CIT(E) and ITAT. Both appeals by the assessee were successful. Case-Laws Income Tax Tue, 12 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421298