HC Remands Case to CIT for Reconsideration on University’s Section 10(23C)(vi) Eligibility

Shaheed Nand Kumar Patel Vishwavidyalaya Vs CIT (Chhattisgarh High Court) Allowing the Appeal filed by the Assessee University thereby quashing & setting aside the Orders of the CIT(Exemptions) & the Income Tax Appellate Tribunal, Raipur Bench rejecting the application for registration of the University (State Government University) under section 10(23C)(vi) of the Income Tax Act. The Hon’ble High Court elucidates & explains the law laid down by the Hon’ble Supreme Court in the case of Chief Commissioner v. New Noble Educational Society (2023) 6 SCC 649/[2022] 448 I...