Registration u/s. 12A r.w.s. 12AB rejected as exorbitant fees being charged by educational institutes

Harmony Educational Foundation Vs CIT (Exemption) (ITAT Pune)

ITAT Pune held that rejection of application for registration under section 12A read with section 12AB of the Income Tax Act since exorbitant fees are being charged and profiteering is not allowed in educational institutes. Accordingly, appeal of assessee dismissed.

Facts- Assessee i.e. Harmony Educational Foundation filed an application in Form No.10AB for registration u/s.12A on 13.01.2024. CIT(E) held that Assessee has claimed that it runs a School, but admittedly it does not have required per

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