https://www.taxtmi.com/caselaws?id=244947 The Tribunal allowed the appeal in favor of the assessee, a charitable trust, directing the competent authority to grant approval under section 80G(5)(vi) of the Income Tax Act, 1961. The Tribunal found that the donations to other charitable trusts were in line with the trust's objects and constituted an application of income under section 11(1)(a). It concluded that the trust met the conditions of section 80G(5) and that the denial of approval was unfounded. The Tribunal emphasized the genuineness of activities as a separate condition for approval and clarified the permissibility of donations from corpus funds. en-us Fri, 21 Feb 2014 00:00:00 +0530 Tue, 24 Mar 2015 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244947 The Tribunal allowed the appeal in favor of the assessee, a charitable trust, directing the competent authority to grant approval under section 80G(5)(vi) of the Income Tax Act, 1961. The Tribunal found that the donations to other charitable trusts were in line with the trust's objects and constituted an application of income under section 11(1)(a). It concluded that the trust met the conditions of section 80G(5) and that the denial of approval was unfounded. The Tribunal emphasized the genuineness of activities as a separate condition for approval and clarified the permissibility of donations from corpus funds. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244947