https://www.taxtmi.com/caselaws?id=236029 The Tribunal allowed the appeals filed by the assessee and dismissed the revenue's appeal. The additions made on account of corpus donation, transfer of flat, security deposit, rent received, and interest were found unjustified. The genuineness of the corpus donation was established, and the exemption under sections 11 and 12 of the Income-tax Act, 1961, was upheld. The Tribunal set aside the orders of the lower authorities and ruled in favor of the assessee. en-us Wed, 31 Jul 2013 00:00:00 +0530 Mon, 12 Aug 2013 09:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236029 The Tribunal allowed the appeals filed by the assessee and dismissed the revenue's appeal. The additions made on account of corpus donation, transfer of flat, security deposit, rent received, and interest were found unjustified. The genuineness of the corpus donation was established, and the exemption under sections 11 and 12 of the Income-tax Act, 1961, was upheld. The Tribunal set aside the orders of the lower authorities and ruled in favor of the assessee. Case-Laws Income Tax Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236029