Exemption u/s 10 (23C) (vi) available only to approved educational institutions in existence

In case of Ram Piyari Devi Charitable Trust Vs. Director General Of Income Tax, Delhi High Court held that in order to claim exemption u/s 10 (23C) (vi) , there should be existence of educational institution and approval of prescribed authority .Where assessee-trust, running a school , fulfilled both above mentioned conditions , its claim for exemption was to be allowed.

Facts of the case

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