https://www.taxtmi.com/caselaws?id=70267 The Tribunal ruled in favor of the assessee trust, finding that the promised donations were not considered gifts until actual funds were received. The Tribunal held that the provisions of s. 13(2)(a), (g), and (h) were not applicable in this case, overturning the assessment made by the authorities. The Tribunal directed the Income Tax Officer to recalculate the total income of the assessee, ultimately allowing the appeal. en-us Mon, 30 Nov 1987 00:00:00 +0530 Fri, 15 Apr 2011 11:13:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70267 The Tribunal ruled in favor of the assessee trust, finding that the promised donations were not considered gifts until actual funds were received. The Tribunal held that the provisions of s. 13(2)(a), (g), and (h) were not applicable in this case, overturning the assessment made by the authorities. The Tribunal directed the Income Tax Officer to recalculate the total income of the assessee, ultimately allowing the appeal. Case-Laws Income Tax Mon, 30 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70267