https://www.taxtmi.com/caselaws?id=287652 The tribunal allowed the appeal of an educational trust, setting aside the addition of corpus fund donation under section 68 of the Income Tax Act. The tribunal emphasized the importance of proper verification and adherence to legal requirements in making such additions. Additionally, the trust qualified for exemption under section 11 due to its application of income exceeding 85% of receipts. en-us Tue, 22 Dec 2015 00:00:00 +0530 Sat, 25 Apr 2020 10:44:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287652 The tribunal allowed the appeal of an educational trust, setting aside the addition of corpus fund donation under section 68 of the Income Tax Act. The tribunal emphasized the importance of proper verification and adherence to legal requirements in making such additions. Additionally, the trust qualified for exemption under section 11 due to its application of income exceeding 85% of receipts. Case-Laws Income Tax Tue, 22 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287652