https://www.taxtmi.com/caselaws?id=371083 The Tribunal upheld the assessee's claim for exemption under Section 11 of the Income Tax Act, 1961, rejecting the Revenue's arguments on various grounds. It found that the donations received were not capitation fees, the land development expenditure was properly vouched, and various payments made did not result in benefits to specified individuals. The Tribunal dismissed the Revenue's appeals and partly allowed the assessee's appeals, directing the Assessing Officer to verify and credit any due tax deductions at source. en-us Wed, 14 Nov 2018 00:00:00 +0530 Wed, 28 Nov 2018 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371083 The Tribunal upheld the assessee's claim for exemption under Section 11 of the Income Tax Act, 1961, rejecting the Revenue's arguments on various grounds. It found that the donations received were not capitation fees, the land development expenditure was properly vouched, and various payments made did not result in benefits to specified individuals. The Tribunal dismissed the Revenue's appeals and partly allowed the assessee's appeals, directing the Assessing Officer to verify and credit any due tax deductions at source. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371083