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Trust's Educational Income Exempt from Tax u/s 10(23C)(vi), Order Not Erroneous or Against Revenue Interest.
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....Revision u/s 263 - assessment of trust - The income generated by the society, including rental income, was used for its primary objective of education. Therefore, the income was eligible for exemption under Section 10(23C)(vi) of the Act. - the order of the ld. Assessing Officer is neither erroneous nor prejudicial to the interest of the revenue. - AT....