YAKSHIT YUVA FOUNDATION,BELAGAVI vs. CIT (EXEMPTION), BENGALORE
Appeals stands Allowed
ITA 233/PAN/2025[12AB]Status: DisposedITAT Panaji06 Mar 2026
Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliita Nos. 233 & 234/Pan/2025 Yakshit Yuva Foundation O/O Taekwondo Master Rao, 1St Fl, Gadekar Complex, P B Road, Kakati S.O., Belagavi. Pan : Aaaty9435D . . . . . . . Appellant V/S The Commissioner Of Income Tax, Exemption, Bangalore. . . . . . . . Respondent
For Appellant: Mr Shreepada Ravi Rao [‘Ld. AR’]For Respondent: Mr Azar Zain [‘Ld. DR’]
Section 12ASection 12A(1)(ac)Section 2(15)Section 80GSection 80G(5)(iii)
10 of 22
Yakshit Yuva Foundation Vs CIT(E)
ITA Nos.233 & 234/PAN/2025
16. Before analysing the connotation and applicability of the expression 'education', it would be worthwhile to note the actual activity carried on by the assessee. It can be seen from registered trust deed of the appellant that, the principal object of the assessee revolves around promoting & instilling values