https://www.taxtmi.com/caselaws?id=436545 The ITAT Chennai allowed the appeals for both assessment years, directing the AO to grant exemption under Section 10(23C)(iiiad). The Tribunal held that corpus donations should not be included in annual receipts, making the Trust eligible for the exemption as its regular receipts were below the threshold. The appeals for AY 2014-15 and AY 2015-16 were allowed, providing relief to the assessee. en-us Thu, 06 Apr 2023 00:00:00 +0530 Sat, 15 Apr 2023 08:52:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436545 The ITAT Chennai allowed the appeals for both assessment years, directing the AO to grant exemption under Section 10(23C)(iiiad). The Tribunal held that corpus donations should not be included in annual receipts, making the Trust eligible for the exemption as its regular receipts were below the threshold. The appeals for AY 2014-15 and AY 2015-16 were allowed, providing relief to the assessee. Case-Laws Income Tax Thu, 06 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436545