Bench: S/Shri Chandra Poojari, Am & George George K., Jm

56(v) will not attract as there was consideration in the form of a seat for the student in the college. In case of absence of adequate consideration, it can be a voluntary contribution. The assessee submitted that I.T.A. Nos.27-35/Coch/2019, 54&55/Coch/2019, 208-213/Coch/2019, 238&239/Coch/2019, 207/Coch/2019 & 304-310/Coch/2019 voluntary contribution would constitute income within the meaning