https://www.taxtmi.com/highlights?id=51241 Exemption u/s 11 - undisclosed income - the assessee society had received contribution towards development fund from the students, apart from the tuition fees, with the clear understanding that it shall be solely used for creation of capital asset necessary for achieving the educational objects of the assessee society and therefore formed part of the corpus and therefore, not in the nature of revenue receipts en-us Wed, 15 Jan 2020 06:45:44 +0530 Wed, 15 Jan 2020 06:45:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51241 Exemption u/s 11 - undisclosed income - the assessee society had received contribution towards development fund from the students, apart from the tuition fees, with the clear understanding that it shall be solely used for creation of capital asset necessary for achieving the educational objects of the assessee society and therefore formed part of the corpus and therefore, not in the nature of revenue receipts Highlights Income Tax Wed, 15 Jan 2020 06:45:44 +0530 https://www.taxtmi.com/highlights?id=51241