https://www.taxtmi.com/caselaws?id=422514 The Tribunal overturned the CIT(E)'s decision and granted approval under section 80G(5)(vi) to the educational society, emphasizing that the society's educational activities were charitable despite generating profits. Discrepancies in accounts were deemed relevant for assessment proceedings under section 11, not for denial of approval. The Tribunal found previous case laws cited by the Revenue inapplicable. The appeal was allowed, and approval under section 80G(5)(vi) was granted to the society, with the cancellation of registration under section 12AA considered inconsequential. en-us Fri, 13 May 2022 00:00:00 +0530 Tue, 17 May 2022 08:40:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422514 The Tribunal overturned the CIT(E)'s decision and granted approval under section 80G(5)(vi) to the educational society, emphasizing that the society's educational activities were charitable despite generating profits. Discrepancies in accounts were deemed relevant for assessment proceedings under section 11, not for denial of approval. The Tribunal found previous case laws cited by the Revenue inapplicable. The appeal was allowed, and approval under section 80G(5)(vi) was granted to the society, with the cancellation of registration under section 12AA considered inconsequential. Case-Laws Income Tax Fri, 13 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422514