https://www.taxtmi.com/caselaws?id=760065 The Gujarat HC upheld the Tribunal's decision allowing exemption under Section 11 to a trust's entire income, including corpus donations, voluntary donations, and other income. The AO had denied exemption and made adjustments claiming the trust failed to file Form 10B with its return. The HC directed the AO/CPC to delete adjustments made in the Section 143(1) intimation, finding no substantial question of law arose from the Tribunal's ruling in favor of the assessee trust. en-us Wed, 09 Oct 2024 00:00:00 +0530 Sat, 11 Apr 2026 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760065 The Gujarat HC upheld the Tribunal's decision allowing exemption under Section 11 to a trust's entire income, including corpus donations, voluntary donations, and other income. The AO had denied exemption and made adjustments claiming the trust failed to file Form 10B with its return. The HC directed the AO/CPC to delete adjustments made in the Section 143(1) intimation, finding no substantial question of law arose from the Tribunal's ruling in favor of the assessee trust. Case-Laws Income Tax Wed, 09 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760065