PR. COMMISSIONER OF INCOME TAX (CENTRAL) GURUGRAM vs. M/S MAHARISHI MARKANDESHWAR UNIVERSITY TRUST

Bench: MR. JUSTICE SANJEEV PRAKASH SHARMA,MR. JUSTICE SANJAY VASHISTH

disallowed. Huge salary being paid to the trustees by MMU Trust is not genuine. Interest paid to MMU Trust has been held by the PCIT as diverting of income. Rent paid to individuals by MMU Trust has been held to be not genuine. Admitting the Indian students in NRI quota without NRI status of any families held to be wrongful