https://www.taxtmi.com/caselaws?id=425456 The Tribunal upheld the Ld. CIT(A)'s decisions in favor of the assessee, allowing exemption for development fees collected from students and permitting the carry forward of the deficit to subsequent years. The Tribunal emphasized the absence of incriminating material and relied on binding judicial precedents to support its decision, ultimately dismissing the Revenue's appeals. en-us Wed, 20 Jul 2022 00:00:00 +0530 Thu, 21 Jul 2022 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425456 The Tribunal upheld the Ld. CIT(A)'s decisions in favor of the assessee, allowing exemption for development fees collected from students and permitting the carry forward of the deficit to subsequent years. The Tribunal emphasized the absence of incriminating material and relied on binding judicial precedents to support its decision, ultimately dismissing the Revenue's appeals. Case-Laws Income Tax Wed, 20 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425456