Educational institute with profit motive may claim exemption U/s. 11

ITAT HYDERABAD BENCH ‘A’ Saivani Educational Society versus Director of Income-tax, (Exemptions), Hyderabad IT Appeal No. 1369 (HYD.) OF 2012 [ASSESSMENT YEAR 2012-13] JANUARY  9, 2013 ORDER Chandra Poojari, Accountant Member This appeal by the assessee is directed against the order of the Director of Income-tax (Exemptions), Hyderabad dated 30.7.2012. 2. The grievance of the assessee in this appeal is with regard to non-granting of registration u/s. 12AA of the Income-tax Act, 1961. The assessee applied for registration u/s. 12AA of the Act by filing application ...