https://www.taxtmi.com/caselaws?id=299278 The Tribunal held that the revisionary jurisdiction under Section 263 was time-barred, as the limitation period should start from the date of intimation under Section 143(1). Furthermore, the corpus donations were considered voluntary and capital in nature, meeting the criteria for exemption under Section 11(1)(d). Consequently, the assessee's appeal was successful, and the order under Section 263 was overturned. en-us Mon, 29 Jan 2018 00:00:00 +0530 Wed, 08 Dec 2021 19:50:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299278 The Tribunal held that the revisionary jurisdiction under Section 263 was time-barred, as the limitation period should start from the date of intimation under Section 143(1). Furthermore, the corpus donations were considered voluntary and capital in nature, meeting the criteria for exemption under Section 11(1)(d). Consequently, the assessee's appeal was successful, and the order under Section 263 was overturned. Case-Laws Income Tax Mon, 29 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299278