https://www.taxtmi.com/caselaws?id=292068 The High Court of Karnataka ruled in favor of the Assessee, disposing of the appeal after finding in their favor on all issues. The Court relied on the precedent established in DIRECTOR OF INCOME TAX (EXEMPTIONS) & ANOTHER VS. SRI. BELIMATHA MAHASAMSTHANA SOCIO CULTURAL & EDUCATIONAL TRUST (2011) 336 ITR 694 to support the Assessee's position regarding the charitable trust status assessment, donations for professional seats, and donations for the 'Mediation Centre Fund.' The decision favored the Assessee against the revenue on all counts. en-us Mon, 07 Jan 2019 00:00:00 +0530 Sat, 05 Dec 2020 12:13:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292068 The High Court of Karnataka ruled in favor of the Assessee, disposing of the appeal after finding in their favor on all issues. The Court relied on the precedent established in DIRECTOR OF INCOME TAX (EXEMPTIONS) & ANOTHER VS. SRI. BELIMATHA MAHASAMSTHANA SOCIO CULTURAL & EDUCATIONAL TRUST (2011) 336 ITR 694 to support the Assessee's position regarding the charitable trust status assessment, donations for professional seats, and donations for the 'Mediation Centre Fund.' The decision favored the Assessee against the revenue on all counts. Case-Laws Income Tax Mon, 07 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292068