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TMI Blog2008 (1) TMI 337X X X X Extracts X X X X X X X X Extracts X X X X ..... s only a financing body & would not come within the scope of “other educational institution” as specified in Section 10(22) - almost entire income has been utilised for the purpose of its objects – exemption u/s 10(22) cannot be denied - 30 of 2001 - - - Dated:- 22-1-2008 - F.I. REBELLO and R.S. MOHITE, JJ. P.S. Sahadevan for the appellant. Poras Kaka with Mr. N. Doshi instructed by Cr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee are education activities without considering the decision of the Hon'ble Supreme Court in Sole Trustee Lok Shikshan Trust Vs. Income Tax Department [1975] 101 ITR 234 and Addl. CIT Vs Surat Art Silk Cloth Manufacturers Association [1980]121 ITR 1?" 3. The questions as framed turned upon the basic question as to whether the income of the respondent can be said to be "any income of a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be educating the public in regard to safety, protection and health among industrial workers, to organise and conduct programmes, lectures. conferences and other activities for promoting free discussions on all matters and questions relating to safety measures, procedures and research, to conduct educational campaigns with a view to arouse and maintain public opinion and interest of the employers a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt drew our attention to the Judgment of the Apex Court in the case of Aditanar Educational Institution Vs. Additional Commissioner of Income Tax reported in [1997] 224 ITR 310. In that case the assessee was a society registered under the Societies Registration Act,1860, established with the objective of establishing, running, managing or assisting colleges, schools and other educational orga ..... X X X X Extracts X X X X X X X X Extracts X X X X
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