THE COMMISSIONER OF INCOME-TAX(EXEMPTIONS) vs. M/S CHOICE FOUNDATION
ITA/180/2019HC Kerala11 Nov 2021
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI
Section 11Section 11(5)Section 12Section 13(8)Section 143(3)Section 148Section 154Section 2(24)(iia)Section 260ASection 263
revision under section 263 of the Income
Tax Act. As already mentioned, It is a voluntary contribution and,
therefore, income of the assessee within the meaning of section
2(24)(iia) of the Income Tax Act, 1961. If it is to be treated as a
corpus donation, the same can only be excluded in computing
the total income under
