https://www.taxtmi.com/caselaws?id=63404 The Tribunal partially allowed the appeal by the assessee, a charitable body running a school, against the Commissioner of Income-tax's order under section 263 of the Income-tax Act for the assessment year 1982-83. The Tribunal directed the Income-tax Officer to re-evaluate the assessee's claim for exemption under section 10(22) alongside other assessment aspects, emphasizing that if the exemption plea was accepted, the section 11 computation would be irrelevant. The Tribunal considered certain receipts as corpus donations and found them non-taxable, modifying the Commissioner's order accordingly. en-us Thu, 10 Mar 1988 00:00:00 +0530 Sat, 29 Jan 2011 17:51:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63404 The Tribunal partially allowed the appeal by the assessee, a charitable body running a school, against the Commissioner of Income-tax's order under section 263 of the Income-tax Act for the assessment year 1982-83. The Tribunal directed the Income-tax Officer to re-evaluate the assessee's claim for exemption under section 10(22) alongside other assessment aspects, emphasizing that if the exemption plea was accepted, the section 11 computation would be irrelevant. The Tribunal considered certain receipts as corpus donations and found them non-taxable, modifying the Commissioner's order accordingly. Case-Laws Income Tax Thu, 10 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63404