2023 (5) TMI 968

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..... ant Trust ineligible for deduction u/s 11 - whether whole of the income of the Appellant Trust was liable to be taxed at the maximum marginal rate contrary to Section 164(2)? - HELD THAT:- Appeal admitted on substantial question of law. Registry is directed to communicate a copy of this order to the Tribunal. This would enable the Tribunal to keep papers and proceedings relating to the present .....

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..... the assessment year 2011-12. 2. We have heard learned Counsel for the parties. 3. The appeal is admitted on the following substantial questions of law: 1. Whether in the facts and circumstances of the case and in law, the ITAT was right in holding that receipt of fee in the nature of capitation fee by the Appellant Trust in excess of the permissible fee would rendered the Appellant Tru .....

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