No restriction towards Non-Corpus Donations towards Charitable Trusts registered u/s 12A: ITAT deletes Addition [Read Order]

restriction - Non-Corpus Donations - Charitable Trusts - ITAT deletes Addition - ITAT - Addition - taxscan

The Chennai bench of the Income Tax Appellate Tribunal (ITAT) held that Donation paid by the assessee to another charitable trust cannot be treated as income of the appellant trust. The appellant is a charitable trust registered under Section 12A of the Income-tax Act, 1961.The appellant had filed its return of income for the assessment…

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