Section 10(23C)(vi) Exemption cannot be denied to Assessee running school for educational purposes

M/s Ram Lal Bhasin Public School Vs CIT (ITAT Amritsar)

For claiming exemption u/s 10(23C)(iiiad) of the Act, the entity must be an University or other educational institute existing solely for educational purpose and not of the purposes of profit. In the present case it is not in dispute that the assessee is a school which is affiliated to the ‘Council for the India School Certificate of Examination’ (ISCE), copy of which is placed on the record. It is also not the case of the Department that the assessee school was exi

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