https://www.taxtmi.com/caselaws?id=347187 The Tribunal remanded several issues back to the Assessing Officer for fresh examination, including the treatment of corpus donations as revenue receipts and the disallowance of certain expenses. The Tribunal upheld the CIT(A)'s decisions on other matters, such as allowing exemption under sections 11 and 12 and permitting depreciation on capital assets. Both the Revenue and the assessee's appeals were partly allowed for statistical purposes, emphasizing the need for a detailed reassessment based on the specific facts and legal considerations of the case. en-us Fri, 23 Jun 2017 00:00:00 +0530 Wed, 30 Aug 2017 17:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347187 The Tribunal remanded several issues back to the Assessing Officer for fresh examination, including the treatment of corpus donations as revenue receipts and the disallowance of certain expenses. The Tribunal upheld the CIT(A)'s decisions on other matters, such as allowing exemption under sections 11 and 12 and permitting depreciation on capital assets. Both the Revenue and the assessee's appeals were partly allowed for statistical purposes, emphasizing the need for a detailed reassessment based on the specific facts and legal considerations of the case. Case-Laws Income Tax Fri, 23 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347187