Tolani Education Society vs Deputy Director Of Income-Tax on 31 January, 2013
130. Also in Tolani Education Society v. Deputy Director of Income
Tax (Exemption) & Ors., (2013) 351 ITR 184, the Bombay High Court
has expressed a view in line with the Punjab and Haryana High
Court view, following the judgments of this Court in the Surat Art
Silk Manufacturers Association Case and Aditanar Educational
Institution case as follows: