https://www.taxtmi.com/caselaws?id=782635 ITAT allowed the assessee's claim for exemption u/s 11, holding that its activities fall within "education" under section 2(15) and not under "advancement of any other object of general public utility." The Tribunal found that the assessee conducts systematic, structured courses in gemology with regular classes, curriculum, timings, holidays, fee structure, professional faculty, discipline, and certification after evaluation, akin to a formal educational institution. Lack of university affiliation was held irrelevant where educational activities are otherwise conducted in a regular, organized manner. Consequently, the revenue's reliance on the proviso to section 2(15) and on contrary precedent was rejected, and denial of exemption was set aside. en-us Tue, 11 Nov 2025 00:00:00 +0530 Mon, 01 Dec 2025 14:51:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782635 ITAT allowed the assessee's claim for exemption u/s 11, holding that its activities fall within "education" under section 2(15) and not under "advancement of any other object of general public utility." The Tribunal found that the assessee conducts systematic, structured courses in gemology with regular classes, curriculum, timings, holidays, fee structure, professional faculty, discipline, and certification after evaluation, akin to a formal educational institution. Lack of university affiliation was held irrelevant where educational activities are otherwise conducted in a regular, organized manner. Consequently, the revenue's reliance on the proviso to section 2(15) and on contrary precedent was rejected, and denial of exemption was set aside. Case-Laws Income Tax Tue, 11 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782635