In the result, this appeal of assessee is allowed for statistical purposes only

Bench: Shri Pradip Kumar Choubey & Shri Ratnesh Nandan Sahay(Virtual Hearing) National University Of Study & Assistant Director Of Research In Law, Ranchi, Income Tax, Vs. Nusrl Campus, Pithoria Road, P.O- C.P.C., Bangaluru. Burku At Nagri, Jharkhand. Pan No. Aaajn 0847 Q Appellant/ Assessee Respondent/ Revenue

section 12A, therefore eligible for claiming exemption u/s 11(2). For the A.Y. 2019- 20, Income Tax Return was filed wherein our receipts were Rs. 15,04,80,231, out of which Rs.8,25,86,586 and Rs. 1,99,14,936 were utilized for revenue and capital expenditure of the institute. Also, Rs.2,54,06,674.00 were accumulated