Tribunal held that donation received was offered as income in income and expenditure account of the trust hence addition cannot be made as cash credits. (AY. 2009 10)
ACIT v. Shree Shiv Vankeshawar Educational & Social Welfare Trust. (2019) 177 ITD 184 /181 DTR 314(Delhi) (Trib.)
S. 68 : Cash credits–Donations received was offered as income in income and expenditure account–Addition cannot be made as cash credits.