https://www.taxtmi.com/caselaws?id=64687 The Tribunal ruled in favor of the assessee trust, holding that the donation received for the corpus of the trust should not be treated as income. Additionally, the donation made by the assessee trust to another charitable trust was considered a valid utilization of income for charitable purposes, as upheld by the Tribunal. en-us Mon, 06 Jan 1986 00:00:00 +0530 Wed, 09 Feb 2011 13:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64687 The Tribunal ruled in favor of the assessee trust, holding that the donation received for the corpus of the trust should not be treated as income. Additionally, the donation made by the assessee trust to another charitable trust was considered a valid utilization of income for charitable purposes, as upheld by the Tribunal. Case-Laws Income Tax Mon, 06 Jan 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64687