https://www.taxtmi.com/caselaws?id=408058 The Tribunal partially allowed the assessee's appeal, ruling that the Assessing Officer's order was not erroneous or prejudicial to revenue. The Tribunal set aside the Commissioner of Income Tax (Exemption)'s order and affirmed that specific purpose donations should be treated as corpus funds on the balance sheet, not in the income and expenditure account. The decision was issued on January 18, 2021. en-us Mon, 18 Jan 2021 00:00:00 +0530 Mon, 31 May 2021 08:34:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408058 The Tribunal partially allowed the assessee's appeal, ruling that the Assessing Officer's order was not erroneous or prejudicial to revenue. The Tribunal set aside the Commissioner of Income Tax (Exemption)'s order and affirmed that specific purpose donations should be treated as corpus funds on the balance sheet, not in the income and expenditure account. The decision was issued on January 18, 2021. Case-Laws Income Tax Mon, 18 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408058