https://www.taxtmi.com/caselaws?id=402349 The Tribunal upheld the reopening of the assessment due to the non-disclosure of material facts by the assessee regarding the application of income for charitable purposes. It directed the Assessing Officer to consider the alternative claim under section 10(23C)(iiiad) and dismissed the claim under section 11 due to non-compliance with the requirement of applying 85% of income for charitable purposes. The appeal was allowed for statistical purposes based on the findings related to the eligibility for exemption under section 10(23C)(iiiad). en-us Tue, 15 Dec 2020 00:00:00 +0530 Wed, 30 Dec 2020 11:32:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402349 The Tribunal upheld the reopening of the assessment due to the non-disclosure of material facts by the assessee regarding the application of income for charitable purposes. It directed the Assessing Officer to consider the alternative claim under section 10(23C)(iiiad) and dismissed the claim under section 11 due to non-compliance with the requirement of applying 85% of income for charitable purposes. The appeal was allowed for statistical purposes based on the findings related to the eligibility for exemption under section 10(23C)(iiiad). Case-Laws Income Tax Tue, 15 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402349