Vedic Gurukulam is “Charitable,” Not “Religious,” for Tax Exemption: ITAT Bangalore

Shrthiparampara Gurukulam Vs ITO (ITAT Bangalore) The case of Shrthiparampara Gurukulam vs. ITO addresses the classification of a public charitable trust dedicated to teaching Vedas, a central issue with significant implications for tax exemption under the Income Tax Act of 1961. The Income Tax Appellate Tribunal (ITAT) of Bangalore heard an appeal from the assessee, a trust formed to preserve and teach the Rigveda in a traditional Gurukulam style. The core of the dispute was whether the trust should be registered as a “charitable” or “religious” institution, as this cl...