Summary
- The ITAT Cuttack has ruled that Indus Educational & Charitable Trust is entitled to the benefits of Section 11 of the Income-tax Act, 1961, despite allegations of charging excess fees.
- The Tribunal emphasized that the trust's charitable registration under Section 12AA remains intact and no violations of its objectives were established.
- The Assessing Officer's denial of exemption based solely on fee collection was deemed unsustainable, leading to a full allowance of the trust's appeal.
- This decision could set a precedent for how educational institutions manage fee structures while retaining their charitable status.
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