As a charitable institution the assessee should return the money ...

Case Laws Income Tax

November 11, 2017

As a charitable institution the assessee should return the money suo-moto after adjusting the dues, but the assessee is not carrying out this exercise and retaining the fund over and above the fees which is due from the students. This again goes to show that the assessee is running the institute from a commercial angle, hence, it is also a ground for rejecting the benefit of section 11 - AT

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As a charitable institution the assessee should return the money ...

Case Laws Income Tax

November 11, 2017

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