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2009 (7) TMI 94 - HC - Income TaxCharitable Purpose – Registration u/s 12AA – ITAT held that the assessee carded on activity for charitable purpose in terms of section 2(15) and directed the Commissioner of Income-tax to grant registration under section 12AA of the Act to the assessee society Held that - that mere imparting education for primary purpose of earning profits cannot be said to be a charitable activity - , in the expression “charitable purpose”, ”charity” is the soul of the expression - Mere trade or commerce in the name of education cannot be said to be a charitable purpose. And the Commissioner Income-tax has to satisfy himself as provided under sect 12AA of the Act before allowing the registration – order of ITAT is not correct – decided in favor of revenue.
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