Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2014 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (8) TMI 638 - HC - Income TaxEligibility for exemption u/s 11(1) – Assessee involved in imparting education - Whether the Appellate Tribunal has substantially erred in holding that the activities of the assessee are in the field of education and that the assessee was eligible for exemption u/s 11(1) of the Act – Held that:- The assessee declared the total income and claimed exemption u/s 11 of the Act on the ground that the activities of the assessee are educational activities and, therefore, they are entitled to exemption u/s 11 of the Act - Following the decision in Gujarat State Co-operative Union Versus Commissioner Of Income-Tax [1992 (2) TMI 74 - GUJARAT High Court] - the activities of the assessee such as continuing education diploma and certificate programme, management development programme, public talks and seminars and workshops and conferences, etc., the activities of the assessee is educational activities and/or is in the field of education - where the purpose of a trust or institution is relief of the poor ; education or medical relief, it will constitute "charitable purpose" even if it incidentally involves the carrying on of the commercial activities - the activities of the assessee would fall within the definition of "charitable purpose" as per section 2(15) of the Act and would be entitled to exemption u/s 11 of the Act – Decided against Revenue.
|