https://www.taxtmi.com/highlights?id=97567 Transfer of sale proceeds by a registered charitable trust to other charitable societies constitutes application of income for charitable purposes, and such inter trust donations do not justify cancellation or denial of registration under the tax regime. Relying on precedent, the tribunal affirmed that unsupported allegations about the donees do not vitiate donations and the trust's registration remains operative; accordingly, the trust retains entitlement to exemptions under sections governing charitable institutions and the Revenue's appeal was dismissed. en-us Wed, 11 Mar 2026 08:17:50 +0530 Wed, 11 Mar 2026 08:17:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=97567 Transfer of sale proceeds by a registered charitable trust to other charitable societies constitutes application of income for charitable purposes, and such inter trust donations do not justify cancellation or denial of registration under the tax regime. Relying on precedent, the tribunal affirmed that unsupported allegations about the donees do not vitiate donations and the trust's registration remains operative; accordingly, the trust retains entitlement to exemptions under sections governing charitable institutions and the Revenue's appeal was dismissed. Highlights Income Tax Wed, 11 Mar 2026 08:17:50 +0530 https://www.taxtmi.com/highlights?id=97567