https://www.taxtmi.com/caselaws?id=409282 The court held that the hostel activity of a charitable institution engaged in education is not considered a separate business but an integral part of its educational activities. Therefore, income from hostel fees should not be treated as business income under Section 11(4A) of the Income Tax Act. The trust is not required to maintain separate books of accounts for the hostel activity. The assessment order was set aside, and the matter was remitted for fresh examination, treating the hostel fee income as part of the charitable activity of education. The appeal was allowed, overturning previous affirming orders. en-us Wed, 23 Jun 2021 00:00:00 +0530 Wed, 15 Sep 2021 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409282 The court held that the hostel activity of a charitable institution engaged in education is not considered a separate business but an integral part of its educational activities. Therefore, income from hostel fees should not be treated as business income under Section 11(4A) of the Income Tax Act. The trust is not required to maintain separate books of accounts for the hostel activity. The assessment order was set aside, and the matter was remitted for fresh examination, treating the hostel fee income as part of the charitable activity of education. The appeal was allowed, overturning previous affirming orders. Case-Laws Income Tax Wed, 23 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409282