Educational Institution Granted Tax Exemption; AO to Verify Compliance with Section 10(23C)(vi) Provisos.

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....Exemption u/s10 (23C)(vi) denied - the petitioner exists solely for educational purposes and not for the purposes of profit - revenue directed to grant approval to the petitioner u/s 10(23C)(vi) - However, AO can certainly go into the question as to whether the conditions stipulated in the third proviso and the 13th proviso to Section 10(23C)(vi) have been met - HC....