https://www.taxtmi.com/caselaws?id=395754 The Tribunal upheld the CIT(A)'s decision, confirming that the assessee's activities were charitable and eligible for exemption under Sections 11/12 of the Income Tax Act. The donations were recognized as corpus donations, meeting the requirements under Section 11(1)(d). Additionally, the capital expenditure incurred on land purchase was deemed valid and consistent with the society's charitable objectives. The Revenue's appeal was dismissed, and the order in favor of the assessee was pronounced on 21/05/2020. en-us Thu, 21 May 2020 00:00:00 +0530 Thu, 04 Jun 2020 20:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395754 The Tribunal upheld the CIT(A)'s decision, confirming that the assessee's activities were charitable and eligible for exemption under Sections 11/12 of the Income Tax Act. The donations were recognized as corpus donations, meeting the requirements under Section 11(1)(d). Additionally, the capital expenditure incurred on land purchase was deemed valid and consistent with the society's charitable objectives. The Revenue's appeal was dismissed, and the order in favor of the assessee was pronounced on 21/05/2020. Case-Laws Income Tax Thu, 21 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395754