https://www.taxtmi.com/caselaws?id=14602 The court ruled in favor of the assessee on both issues. The donations made by the assessee to other institutions were considered as application of income for charitable purposes under section 11 of the Income-tax Act, 1961. Additionally, the capital gains arising from the sale of a property by the assessee were exempted under section 11(1A) of the Act, as per the court's decision citing relevant precedents. en-us Thu, 25 Mar 1999 00:00:00 +0530 Fri, 17 Jul 2009 13:47:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14602 The court ruled in favor of the assessee on both issues. The donations made by the assessee to other institutions were considered as application of income for charitable purposes under section 11 of the Income-tax Act, 1961. Additionally, the capital gains arising from the sale of a property by the assessee were exempted under section 11(1A) of the Act, as per the court's decision citing relevant precedents. Case-Laws Income Tax Thu, 25 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14602