https://www.taxtmi.com/caselaws?id=390473 The Tribunal upheld the decisions made by the Commissioner of Income Tax (Appeals) in favor of the assessee society. The Tribunal ruled against the revenue on grounds related to the approval of the Central Board of Direct Taxes for exemption under Section 11(1)(c) of the Act. It also dismissed the revenue's appeal on the disallowance of foreign contributions under the Foreign Contribution Regulation Act, emphasizing the nature of the assessee society as a joint venture of the Governments of India and France for scientific research, exempt from FCRA provisions for transactions between the two governments. en-us Tue, 31 Dec 2019 00:00:00 +0530 Fri, 03 Jan 2020 13:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390473 The Tribunal upheld the decisions made by the Commissioner of Income Tax (Appeals) in favor of the assessee society. The Tribunal ruled against the revenue on grounds related to the approval of the Central Board of Direct Taxes for exemption under Section 11(1)(c) of the Act. It also dismissed the revenue's appeal on the disallowance of foreign contributions under the Foreign Contribution Regulation Act, emphasizing the nature of the assessee society as a joint venture of the Governments of India and France for scientific research, exempt from FCRA provisions for transactions between the two governments. Case-Laws Income Tax Tue, 31 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390473