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2010 (10) TMI 30 - SUPREME COURTCharitable purpose - exemption u/s 10(22) - personal benefit / motive - Held that:- Assessing Officer has made serious allegations in the order of assessment that the entire organization had systematically not utilised the funds exclusively for educational purposes but for profit of the Bishop and his family members and therefore not entitled to an exemption under Section 10(22) of the Act - a detailed factual exercise needs to be carried out by the Tribunal
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