https://www.taxtmi.com/caselaws?id=210388 The Court dismissed the Revenue's appeal, affirming the Income Tax Tribunal's decision to grant approval under Section 80G(5)(vi) for the trust. The Court clarified that the expenditure of a religious nature should not exceed 5% of the total income of the trust, as specified in Section 80G(5B) of the Income Tax Act. It emphasized the distinction between 'total income' and 'income' under different sections of the Act, concluding that the Revenue's argument lacked merit. Thus, no substantial question of law arose, leading to the dismissal of the appeal. en-us Tue, 06 Dec 2011 00:00:00 +0530 Wed, 18 Jan 2012 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210388 The Court dismissed the Revenue's appeal, affirming the Income Tax Tribunal's decision to grant approval under Section 80G(5)(vi) for the trust. The Court clarified that the expenditure of a religious nature should not exceed 5% of the total income of the trust, as specified in Section 80G(5B) of the Income Tax Act. It emphasized the distinction between 'total income' and 'income' under different sections of the Act, concluding that the Revenue's argument lacked merit. Thus, no substantial question of law arose, leading to the dismissal of the appeal. Case-Laws Income Tax Tue, 06 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210388