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The Institute Of Marine Engineers India ... vs Ito Ward 2(4), Mumbai on 17 December, 2025

In view of the foregoing discussion, and respectfully following the binding judicial precedents, including the decision of the coordinate Bench of the ITAT, Mumbai in Maritime Training & Research Foundation (supra), as well as the judgment of the Hon'ble Jurisdictional High Court in Samudra Institute of Maritime Studies Trust (IT Appeal No. 465 of 2012 order dated 07/08/2014), we hold that the assessee is an educational institution existing solely for educational purposes within the meaning of section 2(15) of the Act. The activities carried on by the assessee are integrally connected with and incidental to imparting structured maritime education and training duly approved and regulated by the Director General of Shipping, Government of India. The mere generation of surplus, which has been wholly applied towards educational objects, does not render the assessee's activities commercial in nature. We further find that the Ld. AO failed to comply with the specific directions issued by the Tribunal in the earlier round of litigation and that the Ld. CIT(A) erred in upholding the impugned assessment order without properly appreciating the factual matrix, evidences on record, and the applicable judicial principles. Accordingly, the impugned order passed by the Ld. CIT(A) is set aside, and the Ld. AO is directed to allow the assessee's claim of exemption under section 11 of the Act. So, the appeal filed by the assessee is allowed.
Income Tax Appellate Tribunal - Mumbai Cites 18 - Cited by 0 - Full Document
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