MBBS Seat Blocking Scam | Suppression of Fees | Decision in favour of Assessee

Ananda Social & Education Trust Vs ACIT (ITAT Bangalore) The issue under consideration is whether Addition relating to suppression of fee receipts of Management/ NRI quota and Post graduate seats are justified in law? The assessee is a charitable trust established for educational purposes in the year 1980. It has set up a medical college by name Dr B.R. Ambedkar Medical College and Hospital offering both under graduate and post graduate courses. It also runs a Dental college and nursing college. The issues under consideration are related to Medical college only. A search was conducted on t...