Held that the rent charged by the assessee-society for letting out its community hall to public at large for organising social, cultural and religious ceremonies is fair and reasonable and the receipts from the rent is less than 20 per cent of the total receipts and there is no material on record to hold that the assessee is acting with profit motive, proviso to S. 2(15) is not attracted  Benefit of sections  11 and 12 is allowable. Held that corpus donations with  specific direction to building fund  the  exemption under section 11(1)(d) is applicable. (AY. 2016-17)