https://www.taxtmi.com/caselaws?id=327607 The Tribunal allowed the appeal, ruling that donations from one trust to another trust out of the current year's income are considered an application of income under section 11. Such donations do not violate section 13(1)(c)(ii) read with section 13(3)(b) as they are not payments to individuals or their relatives. Therefore, the assessee did not lose exemption under section 11 for the entirety of its income. The order was pronounced on 11.05.2016. en-us Wed, 11 May 2016 00:00:00 +0530 Sat, 14 May 2016 00:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327607 The Tribunal allowed the appeal, ruling that donations from one trust to another trust out of the current year's income are considered an application of income under section 11. Such donations do not violate section 13(1)(c)(ii) read with section 13(3)(b) as they are not payments to individuals or their relatives. Therefore, the assessee did not lose exemption under section 11 for the entirety of its income. The order was pronounced on 11.05.2016. Case-Laws Income Tax Wed, 11 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327607