https://www.taxtmi.com/caselaws?id=797544 Approval under section 10(23C)(vi) is available where an institution exists solely for educational purposes and not for profit. Incidental surplus from educational activities does not demonstrate a profit motive when retained and applied to educational infrastructure and facilities. Construction on trustees' land does not itself establish diversion of funds unless material shows siphoning, private appropriation, or pecuniary benefit, particularly where the infrastructure serves educational activities. The State-law registration objection ceased after registration was obtained from the competent Devsthan authority. As no non-educational activity, surplus distribution, income diversion, or private benefit was established, approval was required to be granted. en-us Tue, 11 Aug 2026 00:00:00 +0530 Mon, 24 Aug 2026 08:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797544 Approval under section 10(23C)(vi) is available where an institution exists solely for educational purposes and not for profit. Incidental surplus from educational activities does not demonstrate a profit motive when retained and applied to educational infrastructure and facilities. Construction on trustees' land does not itself establish diversion of funds unless material shows siphoning, private appropriation, or pecuniary benefit, particularly where the infrastructure serves educational activities. The State-law registration objection ceased after registration was obtained from the competent Devsthan authority. As no non-educational activity, surplus distribution, income diversion, or private benefit was established, approval was required to be granted. Case-Laws Income Tax Tue, 11 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797544