https://www.taxtmi.com/caselaws?id=435173 The Tribunal allowed the assessee's appeal, overturning the addition made by the A.O. and CIT(A). Relying on past precedents, the Tribunal held that the excess fees collected were not separate business income but integral to the educational activity. The assessee was granted benefits under Section 11/12 of the Income Tax Act, emphasizing the significance of aligning activities with the trust or institution's objectives for tax liability determination. en-us Mon, 13 Mar 2023 00:00:00 +0530 Mon, 13 Mar 2023 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435173 The Tribunal allowed the assessee's appeal, overturning the addition made by the A.O. and CIT(A). Relying on past precedents, the Tribunal held that the excess fees collected were not separate business income but integral to the educational activity. The assessee was granted benefits under Section 11/12 of the Income Tax Act, emphasizing the significance of aligning activities with the trust or institution's objectives for tax liability determination. Case-Laws Income Tax Mon, 13 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435173