https://www.taxtmi.com/caselaws?id=470978 Mutuality requires examination of complete identity between contributors and participants and of any dealings with outside bodies before determining a charitable institution's exemption entitlement or the taxability of its interest income. As these material factual requirements had not been examined by the lower authorities, the assessment required fresh consideration. The matter was restored for reassessment, with a reasonable opportunity for the assessee to present submissions and supporting documents. en-us Tue, 24 Jul 2018 00:00:00 +0530 Mon, 17 Aug 2026 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470978 Mutuality requires examination of complete identity between contributors and participants and of any dealings with outside bodies before determining a charitable institution's exemption entitlement or the taxability of its interest income. As these material factual requirements had not been examined by the lower authorities, the assessment required fresh consideration. The matter was restored for reassessment, with a reasonable opportunity for the assessee to present submissions and supporting documents. Case-Laws Income Tax Tue, 24 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470978