https://www.taxtmi.com/caselaws?id=432771 The appeals were restored to the Assessing Officer for re-examination regarding the disallowance of exemption claim under section 11 of the Income Tax Act, 1961, and the alternative claim under section 10(23C). The Tribunal directed a reconsideration based on UGC and AICTE guidelines, emphasizing the need for institutions to provide consultancy on a payment basis. The AO was instructed to assess the applicability of the proviso to section 2(15) and the exemption claim under section 10(23C), granting the assessee a fair opportunity to present their case. Appeals for all assessment years were allowed for statistical purposes. en-us Mon, 28 Nov 2022 00:00:00 +0530 Fri, 13 Jan 2023 07:00:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432771 The appeals were restored to the Assessing Officer for re-examination regarding the disallowance of exemption claim under section 11 of the Income Tax Act, 1961, and the alternative claim under section 10(23C). The Tribunal directed a reconsideration based on UGC and AICTE guidelines, emphasizing the need for institutions to provide consultancy on a payment basis. The AO was instructed to assess the applicability of the proviso to section 2(15) and the exemption claim under section 10(23C), granting the assessee a fair opportunity to present their case. Appeals for all assessment years were allowed for statistical purposes. Case-Laws Income Tax Mon, 28 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432771