https://www.taxtmi.com/caselaws?id=297053 The Tribunal upheld the decision of the Ld. CIT(A)-I, Nashik in favor of the assessee trust. The deletion of an addition of expenses amounting to &8377;72,00,000 was justified as the donation made to another trust was found to be in accordance with the trust deed. The Tribunal ruled that the expenses were made on the objects of the trust, as per relevant court decisions and CBDT instructions. The revenue's appeal was dismissed, affirming the decision in favor of the assessee trust. en-us Mon, 26 Aug 2013 00:00:00 +0530 Tue, 17 Aug 2021 12:59:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297053 The Tribunal upheld the decision of the Ld. CIT(A)-I, Nashik in favor of the assessee trust. The deletion of an addition of expenses amounting to &8377;72,00,000 was justified as the donation made to another trust was found to be in accordance with the trust deed. The Tribunal ruled that the expenses were made on the objects of the trust, as per relevant court decisions and CBDT instructions. The revenue's appeal was dismissed, affirming the decision in favor of the assessee trust. Case-Laws Income Tax Mon, 26 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297053