https://www.taxtmi.com/caselaws?id=177299 The tribunal concluded that the Extra Tuition Fee (ETF) should be assessed in MJB's hands and not the Society's. It determined that 55% of the ETF should be taxed. The Society was entitled to the benefits of Section 11, and the depreciation claimed by the Society should be allowed. The appeals by the revenue were dismissed, and the appeals by MJB were partly allowed. en-us Fri, 21 Dec 2012 00:00:00 +0530 Mon, 18 Jun 2018 08:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177299 The tribunal concluded that the Extra Tuition Fee (ETF) should be assessed in MJB's hands and not the Society's. It determined that 55% of the ETF should be taxed. The Society was entitled to the benefits of Section 11, and the depreciation claimed by the Society should be allowed. The appeals by the revenue were dismissed, and the appeals by MJB were partly allowed. Case-Laws Income Tax Fri, 21 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177299