On corpus donations (₹48.38 lakh), the Tribunal held that the CIT(A) erred in denying exemption merely on technical or factual misconceptions. That for the said reason he held that the said donation could not be treated as voluntary donation meant as corpus donation. Further, it is required to mention that such donations received in cash are accounted as Corpus donations in the name of Students of Std. AO regarding not to treat corpus donation, for donation claimed to be corpus in respect of name appearing Sr. No. It was common ground that the above were the only infirmities noted by the AO/CIT(A) in the corpus donation received by the assessee to disallow the entire corpus donation received by the assessee of Rs.48,38,779/-.