https://www.taxtmi.com/caselaws?id=329572 Amounts collected by an educational society above the prescribed fee from students admitted under the management quota were treated as capitation fee rather than voluntary contributions. Because the receipts had a direct nexus with admissions, and no evidence showed that they were voluntary, earmarked for corpus, or received without consideration, they did not satisfy the requirement of voluntary contribution under section 12(1). The exemption for charitable income under section 11(1)(a) was therefore unavailable, and the charitable exemption provisions were held inapplicable to these involuntary admission-linked collections. en-us Fri, 24 Jun 2016 00:00:00 +0530 Tue, 05 Jul 2016 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329572 Amounts collected by an educational society above the prescribed fee from students admitted under the management quota were treated as capitation fee rather than voluntary contributions. Because the receipts had a direct nexus with admissions, and no evidence showed that they were voluntary, earmarked for corpus, or received without consideration, they did not satisfy the requirement of voluntary contribution under section 12(1). The exemption for charitable income under section 11(1)(a) was therefore unavailable, and the charitable exemption provisions were held inapplicable to these involuntary admission-linked collections. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329572