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1 - 7 of 7 (0.24 seconds)The Electricity Act, 2003
M/S Queen'S Educational Society vs Commr.Of Income Tax on 16 March, 2015
9. The judgments relied on by Mr. Seervai are of no assistance
to him. Queen's Educational Society vs. Commissioner of Income
Tax1 was a case involving interpretation of Section 10(22) of the Income
Tax Act, which provided for exemption of income of a university or
educational institution existing solely for educational purposes and "not
for purposes of profit". The question was, when can an activity be said
to be 'not for profit'. It was held that if the activity is primarily for
educating persons, the fact that the institution makes a surplus/profit
does not make the institution as one existing for the purposes of profit.
Krishan Lal Gera vs State Of Haryana & Ors on 4 July, 2011
The law stated therein has no bearing on our facts. Krishan Lal Gera
vs. State of Haryana2 considered the distinction between a recreation
club and a sports club - again a matter which has no bearing on the
controversy in this petition.
The Income Tax Act, 1961
Section 42 in The Electricity Act, 2003 [Entire Act]
Director Of Income Tax (Exemption vs Goregaon Sports Club on 14 February, 2012
Director of Income Tax (Exemption) vs.
Goregaon Sports Club3 was also a matter arising under the Income Tax
Act and considered whether the assessee was a charitable organization.
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