https://www.taxtmi.com/highlights?id=53899 Exemption u/s 11 - Providing hostel facilities - The assessee is not admitting other persons in the building. It is providing facility only to the students, and there are lots of rules and regulations, bye-laws for admitting students, according to their merits in education. Thus, taking into account overall facts and circumstances, we are of the view that the assessee is entitled for benefit of sections 11 and 12 of the Income Tax Act. en-us Thu, 02 Jul 2020 08:47:09 +0530 Thu, 02 Jul 2020 08:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53899 Exemption u/s 11 - Providing hostel facilities - The assessee is not admitting other persons in the building. It is providing facility only to the students, and there are lots of rules and regulations, bye-laws for admitting students, according to their merits in education. Thus, taking into account overall facts and circumstances, we are of the view that the assessee is entitled for benefit of sections 11 and 12 of the Income Tax Act. Highlights Income Tax Thu, 02 Jul 2020 08:47:09 +0530 https://www.taxtmi.com/highlights?id=53899