https://www.taxtmi.com/caselaws?id=375512 The tribunal upheld the findings of the CIT(A) and dismissed the appeal filed by the revenue, affirming that there was no error in allowing the carry forward and set off of excess application of income for charitable purposes. The issue of carrying forward deficit of earlier years and setting it off against income of subsequent years by a charitable trust was settled by the Hon'ble Bombay High Court. The appeal by the revenue was dismissed, and the order was pronounced on 15-02-2019. en-us Fri, 15 Feb 2019 00:00:00 +0530 Wed, 20 Feb 2019 06:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375512 The tribunal upheld the findings of the CIT(A) and dismissed the appeal filed by the revenue, affirming that there was no error in allowing the carry forward and set off of excess application of income for charitable purposes. The issue of carrying forward deficit of earlier years and setting it off against income of subsequent years by a charitable trust was settled by the Hon'ble Bombay High Court. The appeal by the revenue was dismissed, and the order was pronounced on 15-02-2019. Case-Laws Income Tax Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375512