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![Relief to ITI IMC: ITAT Rules Government Grants Received Years Ago Still Qualify as Funding if FD Interest is Used for Education [Read Order] Relief to ITI IMC: ITAT Rules Government Grants Received Years Ago Still Qualify as Funding if FD Interest is Used for Education [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Relief-to-ITI-IMC-ITI-IMC-ITAT-ITAT-Rules-Government-Grants-Received-Qualify-as-Funding-if-FD-Interest-FD-Interest-FD-Interest-is-Used-for-Education-taxscan.jpg)
Relief to ITI IMC: ITAT Rules Government Grants Received Years Ago Still Qualify as Funding if FD Interest is Used for Education [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) held that government grants received years ago still qualify as funding if the fixed...