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2009 (10) TMI 61 - DELHI HIGH COURTExemption u/s 10(23C) - petitioner claims that it is a charitable society and is, thus, entitled to exemption under Section 10(23C)(vi) of the Income Tax Act, 1961 - Modern School in various cities like Faridabad, Noida, Vaishali and a school under the name “Delhi International Happy School – held that - a society or a trust or other similar body running educational institutions solely for educational purposes and having the overall object of not to make any profit can be regarded as ‘other educational institution’ even if some surplus arises from its activities - the petitioner society has mainly been formed with the objective of carrying out educational activity - even if the petitioner society states some other activities as per its object clause, the surplus arising from the educational activity will not be utilized for any other purpose, but solely for educational purpose – exemption u/s 10(23C)(vi) allowed
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