SC: Menstrual Health is a Fundamental Right under Article 21; Orders Free Sanitary Pads in Schools  ||  Supreme Court: Industrial Court is the Proper Forum to Decide Issues Relating to Contract Labour  ||  Supreme Court: Only Civil Court of Original Jurisdiction Can Extend Arbitral Tribunal’s Mandate  ||  SC: Demolition of Private Property Must Rest on Clear Statutory Grounds and Due Consideration  ||  SC: After Complaint Was Withdrawn, BCI Disciplinary Committee Could Not Penalise Advocate  ||  MP HC: Decree Holder Cannot Defeat Compromise or Initiate Execution by Refusing Debtor’s Cheque  ||  MP HC: Spouse’s Income Cannot Be Clubbed With Public Servant’s for Disproportionate Assets Case  ||  Ker HC: Bar Association is Not Employer & Cannot Form Internal Complaints Committee under POSH Act  ||  SC: Ex-Contract Workers Must Be Preferred When Employers Replace Contract Labour With Regular Staff  ||  SC: Waqf Tribunals Cannot Hear Claims over Properties Not Listed or Registered under Waqf Act    

SC: Educational Trusts For Profit Cannot Claim Income Tax Exemption - (20 Oct 2022)

DIRECT TAXATION

Supreme Court has said profit-oriented educational trusts or societies cannot claim exemption under the Income Tax Act. The court said that such educational trusts or societies should solely be concerned with education or education related activities under Section 10(23C) of the Income Tax Act.

Tags : SUPREME COURT   EDUCATION   EDUCATIONAL TRUSTS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved