Exemption under s 10(23C)

Merely because some students have challenged the admission in the medical college run by the trust and the High court declaring certain admissions as illegal would not come in the assessee’s claim for an exemption under s 10(23C), particularly when the SLP against such an order is pending before the Apex Court and where the assessee has been granted an exemption in subsequent years, as held by RajHC in Geetanjali University Trust v CCIT and Anr — In favour of: The assessee; SB Civil Writ Petition No 11799/2010.

Decided on: 24 November 2011.