https://www.taxtmi.com/caselaws?id=63686 The Tribunal partially allowed the appeal, emphasizing the need to consider the assessee's claim for exemption under section 10(22) of the Income Tax Act. It provided specific guidance on the treatment of various receipts, directing the Income Tax Officer to reevaluate the income calculation, excluding certain receipts such as student fees for specific purposes like constructing the school building. The Tribunal highlighted the importance of assessing the claim under section 10(22) before interfering with the income assessment under section 11. en-us Thu, 10 Mar 1988 00:00:00 +0530 Tue, 01 Feb 2011 13:16:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63686 The Tribunal partially allowed the appeal, emphasizing the need to consider the assessee's claim for exemption under section 10(22) of the Income Tax Act. It provided specific guidance on the treatment of various receipts, directing the Income Tax Officer to reevaluate the income calculation, excluding certain receipts such as student fees for specific purposes like constructing the school building. The Tribunal highlighted the importance of assessing the claim under section 10(22) before interfering with the income assessment under section 11. Case-Laws Income Tax Thu, 10 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63686