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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Capitation fee received by trust - it cannot be held that for ...


Court Rules Trust Did Not Receive Capitation Fees for Admissions; Claims of Involuntary Donations Unsubstantiated.

April 10, 2015

Case Laws     Income Tax     HC

Capitation fee received by trust - it cannot be held that for all the assessment years the assessee received capitation fee for admission of students in the management quota. This is a perverse inference. No endeavour is made to sustain the allegation of involuntary donation - HC

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