https://www.taxtmi.com/caselaws?id=257119 The Tribunal allowed the appeal filed by the assessee, affirming the capital nature of the grant and the correctness of the AO's decision in granting exemptions under section 11. The Tribunal held that the grant received was rightly treated as a non-taxable capital receipt, ensuring the organization's eligibility for exemptions under sections 10(23C)(vi) and 11. en-us Wed, 31 Dec 2014 00:00:00 +0530 Tue, 03 Mar 2015 08:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257119 The Tribunal allowed the appeal filed by the assessee, affirming the capital nature of the grant and the correctness of the AO's decision in granting exemptions under section 11. The Tribunal held that the grant received was rightly treated as a non-taxable capital receipt, ensuring the organization's eligibility for exemptions under sections 10(23C)(vi) and 11. Case-Laws Income Tax Wed, 31 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257119