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Case Law Details

Case Name : Indian Institute Of Banking & Finance Vs CIT (ITAT Mumbai)
Appeal Number : ITA No. 874/Mum./2021
Date of Judgement/Order : 17/05/2023
Related Assessment Year : 2016-2017
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Indian Institute Of Banking & Finance Vs CIT (ITAT Mumbai)

ITAT Mumbai held that denial of exemption under section 10(23C)(vi) of the Income Tax Act justified as assessee has been found to be not ‘existing’ solely for the purposes of education.

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