Yogayatan Jankalyan Trust v. CIT (Exemptions) (ITAT Mumbai)

Court: ITAT Mumbai
Head Notes:

Disbursal of loan scholarships to Indian students for study overseas constitutes application of income for charitable purposes in India. Therefore, registration under section 12AB or under section 80G cannot be denied on the ground that loan scholarship is granted to an Indian student in India for pursuing education outside India.

Law:
Section(s): 12AB and 80G
Counsel(s): Rahul Sarda, Advocate and Arun Kanti Datta, CIT-DR
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Uploaded By ITAT Online Manager
Date of upload: April 27, 2026

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