https://www.taxtmi.com/caselaws?id=269391 The Tribunal upheld the CIT (A)'s decisions, dismissing the revenue's appeals for both assessment years. It concluded that the assessee's income from educational institutions is exempt under section 10(23C)(iiiad) and that the AO failed to provide sufficient evidence to support the additions made, resulting in the deletion of all contested additions related to income siphoned out, excess income over expenditure, membership fees received, and depreciation. en-us Mon, 30 Nov 2015 00:00:00 +0530 Mon, 14 Dec 2015 10:41:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269391 The Tribunal upheld the CIT (A)'s decisions, dismissing the revenue's appeals for both assessment years. It concluded that the assessee's income from educational institutions is exempt under section 10(23C)(iiiad) and that the AO failed to provide sufficient evidence to support the additions made, resulting in the deletion of all contested additions related to income siphoned out, excess income over expenditure, membership fees received, and depreciation. Case-Laws Income Tax Mon, 30 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269391