Held, that the assessee had disseminated knowledge in the process of establishing the facilities for the RBI and the Surat Municipal Corporation. The assessee was a not-for-profit organisation but public utility company and the activities of the company for which it had been established would undoubtedly show that the company by establishing knowledge parks, engaged in imparting education and also undertook advancement of other aspects of general public utility to fall within the definition of charitable purpose as defined under section 2(15). The term education occurring of section 2(15) pf the Income-tax Act  1961, cannot be restricted to formal school or college education  The assessee was entitled to exemption under section 11. (AY. 2013-14 to 2015-16)