Trust exemption rightly withdrawn as it collected capitation fee from students for admission to medical colleges: ITAT

IT : Where assessee, a trust registered under section 12AA, was running various educational institutions, in view of fact that it collected huge amount of capitation fee from students for admission to medical colleges, impugned order passed by Commissioner (Exemption) cancelling registration granted to assessee under section 12AA as well as withdrawing exemption granted to it under sections 10(23C)(vi) and 10(23C)(via) was justified

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