Educational Activities Qualify for Tax Exemption u/s 2(15) of the Income Tax Act; Rejection Grounds Dismissed.

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....Exemption u/s 11 - basic aims and objects of the assessee company are to provide educational, intellectual, physical and spiritual development of an individual, family, community and the nation by initiating, undertaking and supporting various projects and programs, which in our considered view, falls within the definition of education as prescribed u/s 2(15) of the Act, hence this ground of rejection is not tenable. - AT....