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2019 (5) TMI 779 - AT - Income TaxGrant of exemption/approval u/s 10(23C)(vi) denied - mentioning some other aims and objects other than pursuance to aims and objects of assessee society - assessee society is running only educational institution and established only for educational purposes - HELD THAT:- It is not in dispute that the aims and objects of the assessee are to promote education and assessee in pursuance of aims and objects only carried out the educational activities. The assessee did not do any other activity, therefore, merely mentioning some other aims and objects would not disentitle the assessee for claiming exemption/approval under section 10(223)(vi) CCIT did not bring any material on record as to how assessee was doing any other activity in pursuance to aims and objects of assessee society. Merely because the assessee printed certain aims and objects as per the requirement of Registrar of Societies would not make out a case for rejection of the application of assessee for approval under the above provision. The material on record clearly suggest that assessee solely exist for educational purposes only. Merely because some other aims and objects have been mentioned other than education, which have also not been verified at this stage would clearly show that assessee is entitled for exemption / approval 10(23C)(vi) of the I.T. Act. The issue is covered in favour of the assessee by the case of Harf Charitable Trust (Regd.) Malerkotla vs. Chief Commissioner of Income Tax And Another [2015 (8) TMI 848 - PUNJAB & HARYANA HIGH COURT] - Decided in favour of assessee.
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