Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (4) TMI 1719 - ITAT VISAKHAPATNAMExemption u/s 10(23C)(vi) - rejection of exemption on the ground that one of the objects of the assessee “to provide facilities for indoor and outdoor games for the recreation of members” is not an educational object - HELD THAT:- CCIT can grant the approval only in the case where assessee existed solely for educational purposes. In the present case, the assessee is also providing facilities for indoor and outdoor games for recreation of members, is not covered under the purview of section 10(23C(vi). Therefore, ld. CCIT has rightly rejected to grant approval to the assessee society under section 10(23C(vi) of the Act. We find no infirmity in the order passed by the ld.CCIT. Thus, this appeal filed by the assessee is dismissed.
|