https://www.taxtmi.com/caselaws?id=445006 ITAT Indore held that expenses incurred by a trust for organizing educational shivirs/seminars/conferences qualify for exemption under section 11. The tribunal ruled that such activities are ancillary to the main educational objective and constitute charitable purposes under section 2(15). Following Credai Bengal precedent, organizing educational events in pursuit of institutional objectives cannot be considered trade or commerce. The expenditure on educational shivirs, featuring lectures on quality education and moral values for students and teacher training, was deemed essential to overall educational development. The AO's addition was deleted, ruling in favor of the assessee trust. en-us Wed, 30 Aug 2023 00:00:00 +0530 Fri, 27 Oct 2023 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445006 ITAT Indore held that expenses incurred by a trust for organizing educational shivirs/seminars/conferences qualify for exemption under section 11. The tribunal ruled that such activities are ancillary to the main educational objective and constitute charitable purposes under section 2(15). Following Credai Bengal precedent, organizing educational events in pursuit of institutional objectives cannot be considered trade or commerce. The expenditure on educational shivirs, featuring lectures on quality education and moral values for students and teacher training, was deemed essential to overall educational development. The AO's addition was deleted, ruling in favor of the assessee trust. Case-Laws Income Tax Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445006