https://www.taxtmi.com/caselaws?id=391346 The Tribunal remitted the issue of voluntary donations back to the Assessing Officer for re-examination, emphasizing the need to establish the nexus between donations and donors. The penalty levied under Section 271(1)(c) of the Income Tax Act for unexplained cash deposits was deleted as the assessee's disclosure and claim for exemption under Section 11 were considered valid. The applicability of Section 271AAA for penalties was not explicitly ruled upon as the Tribunal found no grounds for penalty under Section 271(1)(c) itself. en-us Tue, 21 Jan 2020 00:00:00 +0530 Thu, 05 Mar 2020 16:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391346 The Tribunal remitted the issue of voluntary donations back to the Assessing Officer for re-examination, emphasizing the need to establish the nexus between donations and donors. The penalty levied under Section 271(1)(c) of the Income Tax Act for unexplained cash deposits was deleted as the assessee's disclosure and claim for exemption under Section 11 were considered valid. The applicability of Section 271AAA for penalties was not explicitly ruled upon as the Tribunal found no grounds for penalty under Section 271(1)(c) itself. Case-Laws Income Tax Tue, 21 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391346