https://www.taxtmi.com/caselaws?id=69322 The tribunal ruled in favor of the charitable institution in the appeal against the CIT (a) order confirming liability for the assessment year 1975-76 under section 143(3) of the IT Act, 1961. The tribunal found discrepancies in the computation of income and disagreed with the institution's claims regarding expenditure timing. The tribunal determined that there was no tax liability as the income had been properly applied for charitable purposes. The appeal was allowed, and the assessment was annulled. en-us Sat, 29 Nov 1980 00:00:00 +0530 Wed, 06 Apr 2011 12:09:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69322 The tribunal ruled in favor of the charitable institution in the appeal against the CIT (a) order confirming liability for the assessment year 1975-76 under section 143(3) of the IT Act, 1961. The tribunal found discrepancies in the computation of income and disagreed with the institution's claims regarding expenditure timing. The tribunal determined that there was no tax liability as the income had been properly applied for charitable purposes. The appeal was allowed, and the assessment was annulled. Case-Laws Income Tax Sat, 29 Nov 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69322