https://www.taxtmi.com/caselaws?id=364718 Educational institutions retain charitable status where their dominant object is education rather than profit. Development fund collections or donations linked to admissions do not automatically establish profiteering or prohibited capitation fee when received through banking channels, recorded in the books, and applied to institutional objects. Surplus or incidental profit alone does not negate the charitable character of educational activities. Voluntary donations received in the prescribed manner and used for institutional development are not treated as prohibited capitation fee. Such collections therefore do not, on these facts, require denial of exemption under section 11 or section 10(23C)(vi). en-us Tue, 31 Jul 2018 00:00:00 +0530 Fri, 03 Aug 2018 12:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364718 Educational institutions retain charitable status where their dominant object is education rather than profit. Development fund collections or donations linked to admissions do not automatically establish profiteering or prohibited capitation fee when received through banking channels, recorded in the books, and applied to institutional objects. Surplus or incidental profit alone does not negate the charitable character of educational activities. Voluntary donations received in the prescribed manner and used for institutional development are not treated as prohibited capitation fee. Such collections therefore do not, on these facts, require denial of exemption under section 11 or section 10(23C)(vi). Case-Laws Income Tax Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364718