https://www.taxtmi.com/caselaws?id=429336 The Tribunal dismissed all appeals, upholding the decisions to allow exemptions under Section 10(23C) for donations made by the assessee trusts and to treat the provision for gratuity and leave encashment as an allowable application of income for educational purposes. The Tribunal emphasized the lack of independent evidence supporting the AO's claims and procedural lapses in the assessment process, ultimately affirming the validity of the assessment order and the eligibility of the assessee trusts for the exemptions sought. en-us Wed, 28 Sep 2022 00:00:00 +0530 Thu, 09 Mar 2023 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429336 The Tribunal dismissed all appeals, upholding the decisions to allow exemptions under Section 10(23C) for donations made by the assessee trusts and to treat the provision for gratuity and leave encashment as an allowable application of income for educational purposes. The Tribunal emphasized the lack of independent evidence supporting the AO's claims and procedural lapses in the assessment process, ultimately affirming the validity of the assessment order and the eligibility of the assessee trusts for the exemptions sought. Case-Laws Income Tax Wed, 28 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429336