https://www.taxtmi.com/caselaws?id=427638 The Tribunal dismissed the appeal of the assessee, upholding the decision of the Ld. CIT(A) regarding the disallowance of exemption U/s. 11 due to non-compliance with statutory requirements and lack of proper documentation. The delay in filing the appeal was condoned due to the COVID Pandemic Situation, and the Tribunal proceeded to adjudicate the case on merits. The treatment of advances as expenditure was rejected, emphasizing the importance of proper documentation and compliance with statutory requirements. The legal grounds raised in the appeal were considered but ultimately did not alter the outcome in favor of the assessee. en-us Fri, 09 Sep 2022 00:00:00 +0530 Tue, 13 Sep 2022 21:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427638 The Tribunal dismissed the appeal of the assessee, upholding the decision of the Ld. CIT(A) regarding the disallowance of exemption U/s. 11 due to non-compliance with statutory requirements and lack of proper documentation. The delay in filing the appeal was condoned due to the COVID Pandemic Situation, and the Tribunal proceeded to adjudicate the case on merits. The treatment of advances as expenditure was rejected, emphasizing the importance of proper documentation and compliance with statutory requirements. The legal grounds raised in the appeal were considered but ultimately did not alter the outcome in favor of the assessee. Case-Laws Income Tax Fri, 09 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427638