https://www.taxtmi.com/caselaws?id=438161 The High Court admitted the appeal to determine whether the receipt of fee exceeding the permissible limit as capitation fee would disqualify the Trust for deduction under Section 11 of the Income Tax Act, 1961. The Court also reviewed the issue of whether the entire income of the Trust should be taxed at the maximum marginal rate, contrary to Section 164(2) of the Act. The Court directed the Registry to provide necessary documents to the Tribunal for the appeal and rejected an Interim Application for lack of merit. en-us Fri, 31 Mar 2023 00:00:00 +0530 Thu, 25 May 2023 09:09:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438161 The High Court admitted the appeal to determine whether the receipt of fee exceeding the permissible limit as capitation fee would disqualify the Trust for deduction under Section 11 of the Income Tax Act, 1961. The Court also reviewed the issue of whether the entire income of the Trust should be taxed at the maximum marginal rate, contrary to Section 164(2) of the Act. The Court directed the Registry to provide necessary documents to the Tribunal for the appeal and rejected an Interim Application for lack of merit. Case-Laws Income Tax Fri, 31 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438161