To be eligible for exemption, educational institutions have to be solely engaged educational activities
Cause Title : M/s New Noble Educational Society Vs The Chief Commissioner Of Income Tax 1 And Anr., Supreme Court Of India, Civil Appeal No. 3795 Of 2014 Date of Judgment/Order : 19/10/2022 Corum : Uday Umesh Lalit; Cji., S. Ravindra Bhat; J., Pamidighantam Sri Narasimha; J. Citied: T.M.A Pai Foundation v State of Karnataka, 2002 (8) SCC 481 Aditanar Educational Institution v. Addl. CIT, [1997] 224 ITR 310 Oxford University Press v. CIT, [2001] 247 ITR 658 Background The subject matter of the appeals was the rejection of the appellants’ claim for registration as a fund or trust or institution or any university or other educational institution set up for the charitable purpose of education, under the Income Tax Act, 1961 . The Andhra Pradesh High Court, by its detailed impugned judgment, held that the appellant trusts which claimed benefit of exemption under Section 10 (23C) of the IT Act were not created ‘solely’ for the purpose of education, and that to ...