Saturday 13 September 2014

Corpus donations of private religious trust weren’t taxable; ITAT denies to interfere with order of

IT : Where Commissioner (Appeals) relying upon three decisions of different Benches of Tribunal, accepted assessee's claim that donation received from 'B' was towards corpus of trust, in view of fact that facts in cases relied upon were identical to facts involved in assessee's case, impugned order did not require any interference


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