Tag Archives: Charitable Institute

Exemption can’t be denied merely because profits generated by Assessee during Chartitable Activities : SLP dismissed

By | March 17, 2020

. The ITAT came to the erroneous conclusion that merely because the Assessee had generated profits out of the activity of publishing and selling of school text books it ceased carrying on the activity of ‘education.’ The ITAT failed to address the issue in the background of the setting up of the Assessee, its control… Read More »