https://www.taxtmi.com/caselaws?id=349230 The High Court dismissed the appeal regarding the investment with Canara Robeco Mutual Fund, upholding the assessee Trust's position based on past judgments allowing such deductions. However, the Court admitted the appeal concerning exemption under Section 11 despite investment in Fixed Deposit with Tata Motors Ltd for further examination, noting substantial legal questions raised by the Tribunal's decision. The Court directed the Registry to prepare a complete paper-book for the appeal process, emphasizing the significance of legal precedents and tax law interpretation in charitable trust cases. en-us Tue, 26 Sep 2017 00:00:00 +0530 Mon, 09 Oct 2017 11:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349230 The High Court dismissed the appeal regarding the investment with Canara Robeco Mutual Fund, upholding the assessee Trust's position based on past judgments allowing such deductions. However, the Court admitted the appeal concerning exemption under Section 11 despite investment in Fixed Deposit with Tata Motors Ltd for further examination, noting substantial legal questions raised by the Tribunal's decision. The Court directed the Registry to prepare a complete paper-book for the appeal process, emphasizing the significance of legal precedents and tax law interpretation in charitable trust cases. Case-Laws Income Tax Tue, 26 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349230