The proviso to S. 2(15) applies only to the activity of the advancement of any other object of general public utility. The AO must provide reasonable opportunity of being heard to the assessee before deciding the issue through a speaking order. Matter remanded. (AY. 2011-12, 2012, 13)
Institute of Chemical Technology v. ITO (2020) 203 TTJ 590 (Mum.)(Trib.)
S. 11 : Property held for charitable purposes-Educational institution-Additional evidence admitted-Matter remanded to the Assessing Officer for re-examination. [S. 2(15), 10(23C)(iiiab)]