https://www.taxtmi.com/caselaws?id=430237 The Appellate Tribunal ITAT Amritsar ruled in favor of the educational trust, allowing the appeal and granting exemption under section 10(23C)(iiiad) for the assessment year 2017-18. The Tribunal found that the trust, registered under section 12AA with turnover below Rs. 1 crore, met the criteria for exemption by operating an educational institution. Emphasizing the need to apply specific provisions for educational activities, the Tribunal set aside the Commissioner's decision and overturned the addition made by the Assessing Officer under section 143(1), providing relief to the trust. en-us Thu, 22 Sep 2022 00:00:00 +0530 Tue, 15 Nov 2022 09:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430237 The Appellate Tribunal ITAT Amritsar ruled in favor of the educational trust, allowing the appeal and granting exemption under section 10(23C)(iiiad) for the assessment year 2017-18. The Tribunal found that the trust, registered under section 12AA with turnover below Rs. 1 crore, met the criteria for exemption by operating an educational institution. Emphasizing the need to apply specific provisions for educational activities, the Tribunal set aside the Commissioner's decision and overturned the addition made by the Assessing Officer under section 143(1), providing relief to the trust. Case-Laws Income Tax Thu, 22 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430237