https://www.taxtmi.com/caselaws?id=260078 The appeal involved the denial of exemption under Section 11 of the Income Tax Act to a non-profit educational institution managed by ICRISAT. The Assessing Officer (AO) denied the exemption due to alleged violations of terms set by the Ministry of External Affairs and the Department of Agricultural Research & Education. The AO also cited the collection of a capitation fee as a profit motive, disqualifying the institution from exemption. The ITAT remanded the matter back to the AO for further examination of the prescribed fee structure and directed a fresh decision based on the evidence presented by the assessee. The appeal was allowed for statistical purposes, and the case was remanded for reconsideration. en-us Fri, 08 May 2015 00:00:00 +0530 Sat, 05 Mar 2016 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260078 The appeal involved the denial of exemption under Section 11 of the Income Tax Act to a non-profit educational institution managed by ICRISAT. The Assessing Officer (AO) denied the exemption due to alleged violations of terms set by the Ministry of External Affairs and the Department of Agricultural Research & Education. The AO also cited the collection of a capitation fee as a profit motive, disqualifying the institution from exemption. The ITAT remanded the matter back to the AO for further examination of the prescribed fee structure and directed a fresh decision based on the evidence presented by the assessee. The appeal was allowed for statistical purposes, and the case was remanded for reconsideration. Case-Laws Income Tax Fri, 08 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260078