ITAT Delhi Deletes Capitation Fee Additions Against Educational Trust

Saraswati Ammal Educational & Charitable Trust Vs ACIT (ITAT Delhi) Capitation Fee Additions Based on Third-Party Seized Papers Unsustainable – Trust Gets Relief- Capitation Fee Receipts Taxable in Vice Chancellor’s Hands, Not Trust – ITAT Delhi In this case, search proceedings were conducted on 09.03.2017 in the case of M/s Etcetera Entertainment belonging to Sh. V. Mathiyalgan, then Vice Chancellor of Saraswati Institute of Medical Science (SIMS), Hapur, a unit of Saraswati Ammal Educational & Charitable Trust. Incriminating papers allegedly recording collection of capitation f...