https://www.taxtmi.com/caselaws?id=782116 ITAT Ahmedabad allowed the appeal of the assessee trust registered u/s 12AA for AY 2017-18. It held that the Explanation to s.11(2) only prohibits donations out of accumulated income set apart u/s 11(2) to other trusts, and does not bar inter-charity donations made from current year's income or from the permissible 15% accumulation u/s 11(1)(a). The Tribunal further held that a specific clause in the trust deed permitting inter-trust donations is not required. Donations to other registered charitable institutions were treated as valid application of income and the disallowance was deleted. en-us Mon, 28 Jul 2025 00:00:00 +0530 Tue, 25 Nov 2025 08:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782116 ITAT Ahmedabad allowed the appeal of the assessee trust registered u/s 12AA for AY 2017-18. It held that the Explanation to s.11(2) only prohibits donations out of accumulated income set apart u/s 11(2) to other trusts, and does not bar inter-charity donations made from current year's income or from the permissible 15% accumulation u/s 11(1)(a). The Tribunal further held that a specific clause in the trust deed permitting inter-trust donations is not required. Donations to other registered charitable institutions were treated as valid application of income and the disallowance was deleted. Case-Laws Income Tax Mon, 28 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782116