https://www.taxtmi.com/caselaws?id=338522 ITAT Mumbai admitted an additional ground under Rule 29, accepting that the assessee's alternative plea on the character of grants-in-aid and the related claim for exemption under sections 11 and 12 had not been examined below. The Tribunal held that the cited Bombay High Court ruling could materially affect whether grants received with specific directions were voluntary contributions, and therefore the expenditure disallowance and exemption issue could not be finally resolved on the existing record. The Commissioner (Appeals) order was set aside and the matter remitted to the Assessing Officer for fresh consideration of the main and alternative contentions on facts and in law. en-us Wed, 30 Nov 2016 00:00:00 +0530 Mon, 06 Feb 2017 10:43:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338522 ITAT Mumbai admitted an additional ground under Rule 29, accepting that the assessee's alternative plea on the character of grants-in-aid and the related claim for exemption under sections 11 and 12 had not been examined below. The Tribunal held that the cited Bombay High Court ruling could materially affect whether grants received with specific directions were voluntary contributions, and therefore the expenditure disallowance and exemption issue could not be finally resolved on the existing record. The Commissioner (Appeals) order was set aside and the matter remitted to the Assessing Officer for fresh consideration of the main and alternative contentions on facts and in law. Case-Laws Income Tax Wed, 30 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338522