https://www.taxtmi.com/caselaws?id=439646 HC held against revenue and upheld the ITAT's deletion of additions where the AO, based on assumption and surmise, treated receipts as capitation fees under the KEI (Prohibition of Capitation Fee) Act. The court found the AO's conclusion incorrect because the assessee had been issued an exemption certificate and the matter did not involve grant of approval under Section 10(23C). Reliance on authorities concerning registration in approval proceedings was inapposite. The AO's taxation of the collected amounts was therefore reversed. en-us Mon, 05 Jun 2023 00:00:00 +0530 Tue, 18 Nov 2025 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=439646 HC held against revenue and upheld the ITAT's deletion of additions where the AO, based on assumption and surmise, treated receipts as capitation fees under the KEI (Prohibition of Capitation Fee) Act. The court found the AO's conclusion incorrect because the assessee had been issued an exemption certificate and the matter did not involve grant of approval under Section 10(23C). Reliance on authorities concerning registration in approval proceedings was inapposite. The AO's taxation of the collected amounts was therefore reversed. Case-Laws Income Tax Mon, 05 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=439646