https://www.taxtmi.com/caselaws?id=798418 Corpus treatment for infrastructure grants may be established through donor resolutions, earmarking, separate fund accounting and use for the specified infrastructure purpose; a separate written direction for each contribution is not necessary. Charitable entities may claim permitted statutory accumulation and, where applicable, accumulation despite delayed filing of the prescribed form when condonation relief applies. Additions for alleged double application require prior notice and an opportunity to respond. Promotion of cricket does not constitute trade, commerce or business without evidence of commercial operations. Depreciation cannot be denied without proof that asset cost was previously claimed as application, while additions for prohibited benefits and enhanced receipts require identified violations and evidentiary support. en-us Tue, 25 Aug 2026 00:00:00 +0530 Mon, 07 Sep 2026 08:48:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798418 Corpus treatment for infrastructure grants may be established through donor resolutions, earmarking, separate fund accounting and use for the specified infrastructure purpose; a separate written direction for each contribution is not necessary. Charitable entities may claim permitted statutory accumulation and, where applicable, accumulation despite delayed filing of the prescribed form when condonation relief applies. Additions for alleged double application require prior notice and an opportunity to respond. Promotion of cricket does not constitute trade, commerce or business without evidence of commercial operations. Depreciation cannot be denied without proof that asset cost was previously claimed as application, while additions for prohibited benefits and enhanced receipts require identified violations and evidentiary support. Case-Laws Income Tax Tue, 25 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798418