Educational institution making huge surplus not eligible for section 10(23C)(vi) exemption: SC

Union of India Vs Baba Banda Singh Bahadur Education Trust (Supreme Court of India)

The dispute is with respect to the Assessment Year 2006-2007. The respondent-assessee was indulged in the activity of imparting the Therefore, the respondent-assessee claimed   the exemption under Section 10(23C)(vi) of the Act by submitting  an application    before  the   Jurisdictional   Commissioner. On appreciation of evidence and considering the material on record, it was found that the ass

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