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2012 (4) TMI 375 - AT - Income TaxRejection of assessee’s claim for registration under section 12AA and approval under section 80G – assessee’s is running an institution called 'Preston International College' as Trust – Held that:- Conducting courses and programme of the Distance Learning courses and running study centers for and on behalf of the University and sharing the fees collected from the students are in the nature of commercial activities and cannot be considered as charitable in nature - assessee's college is functioning as a coaching institute run on commercial lines – Rendering education and medical care to a millionaire is not charity. Charity reflects the concern of a society in the upliftment - against assessee.
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