https://www.taxtmi.com/caselaws?id=69521 The Tribunal allowed the appeal of a charitable trust for the assessment year 1978-79, finding that the donations received were validly earmarked for charitable purposes and exempt under section 12 of the Income-tax Act, 1961. The trust was granted exemption, and no assessment to tax was applicable for that year. The Tribunal concluded that the trust fulfilled the conditions of section 12, without addressing the income application aspect. en-us Wed, 17 Apr 1985 00:00:00 +0530 Thu, 07 Apr 2011 14:22:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69521 The Tribunal allowed the appeal of a charitable trust for the assessment year 1978-79, finding that the donations received were validly earmarked for charitable purposes and exempt under section 12 of the Income-tax Act, 1961. The trust was granted exemption, and no assessment to tax was applicable for that year. The Tribunal concluded that the trust fulfilled the conditions of section 12, without addressing the income application aspect. Case-Laws Income Tax Wed, 17 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69521