Hostel, mess and transport facility surplus cannot be considered as business income if these are incidental to the main object of the Society

Society for Educational Excellence Vs. DCIT (ITAT Delhi) The assessee is a society running an engineering college in the name and style of M/s. Academy of Business and Engineering Sciences, assessee is affiliated with all India Council for Technical Education (AICTE). It is also undisputed that assessee is carrying on the educational activities and running certain colleges etc. During the year it is also undisputed that assessee has earned gross receipt of Rs. 16.71 crores on account of educational activities whereas assessee is also running a hostel for the students who are studying in the ed...