Monetary limit u/s. 10(23C)(iiiad) applies to educational institute, not to society running them

IN THE ITAT DELHI BENCH ‘F’ Param Hans Swami Uma Bharti Mission Versus Assistant Commissioner of Income-tax IT APPEAL NO. 4154 (DELHI) OF 2011 [ASSESSMENT YEAR 2006-07] AUGUST 31, 2012 ORDER T.S. Kapoor, Accountant Member This is an appeal filed by the assessee against the order of Ld. CIT(A) dated 7.7.2011. The grounds of appeal raised by the assessee are as under:-  1. That the lower authorities had erred in denying the exemption in respect of the annual income of the school of the Charitable Trust for the assessment year 2006-07 on their view to the effect that...