https://www.taxtmi.com/caselaws?id=760158 The Punjab and Haryana HC dismissed an appeal challenging ITAT's decision to allow exemption u/s 12A r.w.s. 12AA for a society. The CIT(E) had initially rejected registration, arguing that vocational training doesn't qualify as education under charitable purposes, citing concerns about property income and vehicle purchases for personal use. The HC held that vocational education constitutes legitimate education necessary for individual development and livelihood, referencing M/S New Noble Educational Society. Since the institute was NCVT-approved, it qualified as educational. The court upheld ITAT's factual findings and dismissed the appeal as meritless. en-us Tue, 17 Sep 2024 00:00:00 +0530 Wed, 16 Oct 2024 17:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760158 The Punjab and Haryana HC dismissed an appeal challenging ITAT's decision to allow exemption u/s 12A r.w.s. 12AA for a society. The CIT(E) had initially rejected registration, arguing that vocational training doesn't qualify as education under charitable purposes, citing concerns about property income and vehicle purchases for personal use. The HC held that vocational education constitutes legitimate education necessary for individual development and livelihood, referencing M/S New Noble Educational Society. Since the institute was NCVT-approved, it qualified as educational. The court upheld ITAT's factual findings and dismissed the appeal as meritless. Case-Laws Income Tax Tue, 17 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760158