Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
52. (2026) 189 taxmann.com 174 (Chd Trib)
Shri Sant Ram Memorial Education and Welfare Society v. Exemption Ward
A.Y.: 2018-19 Date of Order : 03.08.2026
Section: 10(23C)(iiiad)
Where the assessee-society ran multiple educational institutions from a common campus with common infrastructure, management and ownership and maintained only consolidated accounts, the receipts of all the institutions were to be aggregated for determining the exemption under section 10(23C)(iiiad), and since such receipts exceeded the prescribed limit, exemption was rightly denied.
FACTS
The assessee, a society registered under the Societies Registration Act and engaged in imparting education, filed its return for A.Y. 2018-19 declaring Nil income after claiming exemption of Rs. 23.22 lakhs under section 10(23C)(iiiad). During the relevant year, it ran Infinity Public School, SSR College of Education, Bachpan Play School and the Society itself.
Its case was selected for complete scrutiny primarily for claim of exemption under section 10(23C)(iiiad). The AO noted that the assessee had furnished only consolidated fin
