https://www.taxtmi.com/caselaws?id=424622 The Tribunal upheld the CIT(A)'s decision that the assessee's activities qualify as "education" under Section 2(15) and are eligible for exemption under Section 11. The Assessing Officer was directed to verify compliance with UGC guidelines for coaching classes and grant exemption only for courses meeting UGC standards. The Tribunal remitted the issue of application and accumulation under Section 11(1)(a) back to the Assessing Officer for fresh consideration. The Revenue's appeal and the assessee's cross-objection were allowed for statistical purposes, with further verification ordered. en-us Fri, 01 Jul 2022 00:00:00 +0530 Mon, 04 Jul 2022 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424622 The Tribunal upheld the CIT(A)'s decision that the assessee's activities qualify as "education" under Section 2(15) and are eligible for exemption under Section 11. The Assessing Officer was directed to verify compliance with UGC guidelines for coaching classes and grant exemption only for courses meeting UGC standards. The Tribunal remitted the issue of application and accumulation under Section 11(1)(a) back to the Assessing Officer for fresh consideration. The Revenue's appeal and the assessee's cross-objection were allowed for statistical purposes, with further verification ordered. Case-Laws Income Tax Fri, 01 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424622