2013 (2) TMI 148

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.... (Per: HONOURABLE MS JUSTICE SONIA GOKANI)   Challenge before this Court is to order dated 17.7.2010 of ITAT raising following question of law for our consideration: "Whether on the facts and circumstances of the case, the Appellate Tribunal was justified in law in deleting the addition of Rs.34,96,84,719/as the said addition made in accordance with the provisions contained in section 1....

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....ve been covered under Section 11(1)(d) of the Act and consequently deleted the additions. When the same was challenged before the tribunal, by the impugned order tribunal had held the said grant to be part of the corpus of the assessee, upholding the order of CIT(Appeals) which is in challenge before this Court raising aforementioned point of law. This Court has heard learned counsel Ms. Mauna ....

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....earned counsel for assessee had pointed out a resolution of the Government containing a specific direction that voluntary contribution made to the society would form part of corpus of the trust and fairly stated that the said resolution would also apply in the instant case. In case of this very assessee for the assessment year 20042005, when cognate Bench of this Court has in terms held that th....