https://www.taxtmi.com/caselaws?id=242216 The Tribunal allowed the Revenue's appeal challenging the assessee's claim for income exemption under Section 11 for the assessment year 2009-10. It emphasized the significance of assessing capitation fee collections for determining eligibility for tax exemptions under Sections 11 and 10(23C), in line with Supreme Court precedents. The Tribunal directed a reexamination by the assessing officer to ensure compliance with legal provisions and Supreme Court judgments, clarifying that any collection exceeding prescribed fees for student admission would disqualify the assessee from exemptions. en-us Fri, 08 Feb 2013 00:00:00 +0530 Mon, 21 Mar 2016 11:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242216 The Tribunal allowed the Revenue's appeal challenging the assessee's claim for income exemption under Section 11 for the assessment year 2009-10. It emphasized the significance of assessing capitation fee collections for determining eligibility for tax exemptions under Sections 11 and 10(23C), in line with Supreme Court precedents. The Tribunal directed a reexamination by the assessing officer to ensure compliance with legal provisions and Supreme Court judgments, clarifying that any collection exceeding prescribed fees for student admission would disqualify the assessee from exemptions. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242216