https://www.taxtmi.com/caselaws?id=244076 Eligibility for exemption under section 11 was treated as distinct from approval under section 10(23C)(vi); prior approval was not mandatory where the assessee otherwise satisfied section 11 conditions. Salary paid to managing committee members was not treated as violation of section 13(1)(c) because it was found to be remuneration for services and not an excessive or undue personal benefit. The function-hall activity required separate books for incidental business under section 11(4A), and the absence of records led to remand for fresh verification. Alleged capitation-fee collections were also remitted for factual examination, since exemption would fail if amounts were collected over and above prescribed fees. en-us Fri, 22 Mar 2013 00:00:00 +0530 Mon, 17 Feb 2014 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244076 Eligibility for exemption under section 11 was treated as distinct from approval under section 10(23C)(vi); prior approval was not mandatory where the assessee otherwise satisfied section 11 conditions. Salary paid to managing committee members was not treated as violation of section 13(1)(c) because it was found to be remuneration for services and not an excessive or undue personal benefit. The function-hall activity required separate books for incidental business under section 11(4A), and the absence of records led to remand for fresh verification. Alleged capitation-fee collections were also remitted for factual examination, since exemption would fail if amounts were collected over and above prescribed fees. Case-Laws Income Tax Fri, 22 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244076