https://www.taxtmi.com/caselaws?id=261560 The Tribunal partially allowed the appeal, determining that the appellant society's activities were charitable and qualified for exemption under Section 11 of the Income Tax Act. It directed the Assessing Officer to reconsider disallowances and emphasized computing income on commercial principles. The Tribunal also instructed allowing deductions for prior period expenses, deferred tax liability, and depreciation on assets held by the society. en-us Tue, 30 Jun 2015 00:00:00 +0530 Mon, 09 Nov 2015 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261560 The Tribunal partially allowed the appeal, determining that the appellant society's activities were charitable and qualified for exemption under Section 11 of the Income Tax Act. It directed the Assessing Officer to reconsider disallowances and emphasized computing income on commercial principles. The Tribunal also instructed allowing deductions for prior period expenses, deferred tax liability, and depreciation on assets held by the society. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261560