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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Charitable activity - the word ‘education’ is to be given wide ...


Training in Sports Goods Manufacturing Qualifies as Education for Charitable Activities u/s 2(15) of the Income Tax Act.

February 20, 2019

Case Laws     Income Tax     AT

Charitable activity - the word ‘education’ is to be given wide interpretation which includes training and developing the knowledge, skill, mind and character of the students by normal schooling - imparting training to the students in manufacturing the sport goods and leisure equipments without any profit motive falls within the definition of education u/s 2(15)

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