Vanita Vishram Trust vs. CCIT (Bombay High Court)

Even if MOA of an trust contains varied objects, so long as record demonstrates that assessee only conducts educational institutions, it must be regarded as existing solely for purpose of education HIGH COURT OF BOMBAY Vanita Vishram Trust Vs. CCIT, APPEAL NO: W.P. Nos. 366 & 367 of 2010, DECIDED ON May 6, 2010 JUDGMENT (PER DR.D.Y.CHANDRACHUD, J): The Petitions arise out of an order passed by the First Respondent, the Chief Commissioner of Income Tax, Mumbai, declining to grant approval to the Petitioner under Section 10(23C) (vi) of the Income Tax Act, 1961. 2. The Petitioner is a publi...