https://www.taxtmi.com/caselaws?id=34921 SC allowed the appeals and remitted the matter to the Assessing Officer for fresh consideration whether the corporation qualifies as an "educational institution" under s.10(22). The Court directed the AO to assess historical background, source of funding, shareholding, return on investment and to account for CBDT and Central Government letters and relevant HC precedents (including Rajasthan and Orissa decisions) rather than simply remanding to the High Court. The SC thus ordered de novo consideration in light of those materials. en-us Tue, 20 Oct 2009 00:00:00 +0530 Thu, 13 Nov 2025 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34921 SC allowed the appeals and remitted the matter to the Assessing Officer for fresh consideration whether the corporation qualifies as an "educational institution" under s.10(22). The Court directed the AO to assess historical background, source of funding, shareholding, return on investment and to account for CBDT and Central Government letters and relevant HC precedents (including Rajasthan and Orissa decisions) rather than simply remanding to the High Court. The SC thus ordered de novo consideration in light of those materials. Case-Laws Income Tax Tue, 20 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34921