https://www.taxtmi.com/caselaws?id=273432 The Tribunal upheld the eligibility of the assessee-trust for benefits under Sections 11 and 12 of the Income Tax Act, 1961, rejecting the Assessing Officer's denial of exemptions. Various additions made by the AO, including corpus donations, cash payments, capitation fees, and donations to another charitable trust, were deleted. The Tribunal found no evidence supporting additions based on entries found on a visiting card and cash withdrawals from banks. The trust's appeals were successful, and the Revenue's appeals were dismissed, with partial allowance of cross objections by the assessee. en-us Wed, 15 Jun 2011 00:00:00 +0530 Tue, 26 Jun 2018 14:19:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273432 The Tribunal upheld the eligibility of the assessee-trust for benefits under Sections 11 and 12 of the Income Tax Act, 1961, rejecting the Assessing Officer's denial of exemptions. Various additions made by the AO, including corpus donations, cash payments, capitation fees, and donations to another charitable trust, were deleted. The Tribunal found no evidence supporting additions based on entries found on a visiting card and cash withdrawals from banks. The trust's appeals were successful, and the Revenue's appeals were dismissed, with partial allowance of cross objections by the assessee. Case-Laws Income Tax Wed, 15 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273432