https://www.taxtmi.com/caselaws?id=432727 The ITAT dismissed the Revenue's appeals, upholding the appellant's claims for exemption under sections 11 & 12 of the Income Tax Act and allowing the provision for gratuity as expenditure under section 40A(7). The decisions were based on legal precedents and the commercial computation of income for charitable trusts. en-us Wed, 28 Dec 2022 00:00:00 +0530 Wed, 11 Jan 2023 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432727 The ITAT dismissed the Revenue's appeals, upholding the appellant's claims for exemption under sections 11 & 12 of the Income Tax Act and allowing the provision for gratuity as expenditure under section 40A(7). The decisions were based on legal precedents and the commercial computation of income for charitable trusts. Case-Laws Income Tax Wed, 28 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432727