Exemption Denied: Financial Museum Project with RBI Lacks Educational Purpose, Deemed Commercial u/s 11.

Claim of exemption u/s 11 - the project under contract with RBI for setting up of the financial museum by the assessee does not reflect discharging of any formal and systematic education rather the same is enough indicative for the commercial purposes, rejection thereon, in our considered opinion, is just and proper - AT .....

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