https://www.taxtmi.com/caselaws?id=304469 The court held in favor of the appellant, ruling that they were entitled to exemption under Section 10(23C)(iiiab) of the Income Tax Act. The appellant, an autonomous body publishing Hindi books for postgraduate students, claimed exemption under educational provisions. Despite arguments from the respondent that the activities were not purely educational, the court found the appellant's activities to be educational in nature, supported by substantial State Government financing. The court emphasized the importance of the nature of activities over income generation, ultimately allowing the appeal. en-us Wed, 01 Nov 2017 00:00:00 +0530 Wed, 28 Sep 2022 08:01:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304469 The court held in favor of the appellant, ruling that they were entitled to exemption under Section 10(23C)(iiiab) of the Income Tax Act. The appellant, an autonomous body publishing Hindi books for postgraduate students, claimed exemption under educational provisions. Despite arguments from the respondent that the activities were not purely educational, the court found the appellant's activities to be educational in nature, supported by substantial State Government financing. The court emphasized the importance of the nature of activities over income generation, ultimately allowing the appeal. Case-Laws Income Tax Wed, 01 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304469