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Income Tax - Highlights / Catch Notes

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Denial of registration u/s 12AA - trust for educational purposes ...


Trust Denied Tax Exemption u/s 12AA: Financial Education Programs Not Classified as "Education" for Tax Purposes.

June 14, 2018

Case Laws     Income Tax     AT

Denial of registration u/s 12AA - trust for educational purposes - Imparting financial education to the general public through programmes sponsored by Goldman Sachs, ICICI, Tata, Reliance Life etc, will clearly show that pursuing such object would not come within the meaning of “education’’.

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