https://www.taxtmi.com/caselaws?id=58492 Donations received under the trust deed were treated as accretions to corpus because the deed itself directed that such receipts be held on the same trust with the same powers and provisions. The trustees in fact retained the amounts as corpus and not as revenue income. On that basis, the receipts qualified for exemption under section 12 of the Income-tax Act, 1961, and the disputed addition was deleted. en-us Tue, 16 Apr 1985 00:00:00 +0530 Mon, 20 Dec 2010 12:14:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58492 Donations received under the trust deed were treated as accretions to corpus because the deed itself directed that such receipts be held on the same trust with the same powers and provisions. The trustees in fact retained the amounts as corpus and not as revenue income. On that basis, the receipts qualified for exemption under section 12 of the Income-tax Act, 1961, and the disputed addition was deleted. Case-Laws Income Tax Tue, 16 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58492