{"id":42756,"date":"2024-05-16T15:27:18","date_gmt":"2024-05-16T09:57:18","guid":{"rendered":"https:\/\/itatonline.org\/digest\/bosco-educational-academy-p-ltd-v-chief-cit-2021-127-taxmann-com-776-2023-332-ctr-43-224-dtr-131-madhc\/"},"modified":"2024-05-16T15:27:18","modified_gmt":"2024-05-16T09:57:18","slug":"bosco-educational-academy-p-ltd-v-chief-cit-2021-127-taxmann-com-776-2023-332-ctr-43-224-dtr-131-madhc","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bosco-educational-academy-p-ltd-v-chief-cit-2021-127-taxmann-com-776-2023-332-ctr-43-224-dtr-131-madhc\/","title":{"rendered":"Bosco Educational Academy (P.) Ltd. v. Chief CIT (2021) 127 taxmann.com 776 \/(2023) 332 CTR 43\/224 DTR 131 (Mad)(HC)"},"content":{"rendered":"<p>Allowing the petition the Court held that\u00a0 main object of assessee was in field of\u00a0education\u00a0as was stated in its Memorandum of association and Articles of association of\u00a0\u00a0 assessee. The surplus generated by assessee was to be ploughed back for fulfilment and attainment of\u00a0educational\u00a0activities, denial of approval to assessee under section 10(23C)(vi) was not justified. (AY. 2010-11)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 10(23C) : Educational institution-Cancellation of registration-Surplus generated by  was to be ploughed back for fulfilment and attainment of educational activities-Denial of approval is not justified.[S. 10(23C(vi), 12AA(2), Art. 226]  <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-42756","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-b7C","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=42756"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42756\/revisions"}],"predecessor-version":[{"id":42757,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/42756\/revisions\/42757"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=42756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=42756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=42756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}