https://www.taxtmi.com/caselaws?id=413245 ITAT Mumbai held that exemption under section 11 could not be denied merely because a trust's registration had earlier been cancelled and it had collected voluntary building fund donations from students. The earlier cancellation had already been set aside, and there was no finding that the trust's objects were non-charitable, its activities were not genuine, or the donations were misapplied. The record also did not show any demand for impermissible capitation fee, reservation of seats, diversion of funds, or departure from educational objects under the Maharashtra Educational Institutions (Prohibition of Capitation Fee) Act, 1987. The trust's entitlement to exemption was therefore sustained and the Revenue's challenge failed. en-us Wed, 22 Sep 2021 00:00:00 +0530 Wed, 06 Oct 2021 22:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413245 ITAT Mumbai held that exemption under section 11 could not be denied merely because a trust's registration had earlier been cancelled and it had collected voluntary building fund donations from students. The earlier cancellation had already been set aside, and there was no finding that the trust's objects were non-charitable, its activities were not genuine, or the donations were misapplied. The record also did not show any demand for impermissible capitation fee, reservation of seats, diversion of funds, or departure from educational objects under the Maharashtra Educational Institutions (Prohibition of Capitation Fee) Act, 1987. The trust's entitlement to exemption was therefore sustained and the Revenue's challenge failed. Case-Laws Income Tax Wed, 22 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413245