← Back to search

PREMCHAND RAGHAVJI KANSARA CHARITABLE TRUST,MUMBAI vs. CIT EXEMPTIONS MUMBAI, MUMBAI

PDF
ITA 1719/MUM/2025[na]Status: HeardITAT Mumbai05 May 20252 pages

Income Tax Appellate Tribunal, “C” BENCH, MUMBAI

Before: SHRI SANDEEP GOSAIN, JM & SHRI OMKARESHWAR CHIDARA, AM

For Appellant: None
For Respondent: Shri R.A. Dhyani
Hearing: 22.04.2025Pronounced: 05.05.2025

Per Omkareshwar Chidara, AM:

The appellant Trust has filed an appeal with the following grounds :-

1.

The learned Commissioner of Income Tax (Exemption), Mumbai erred in rejecting the application of the assessee trust based on mere surmises and conjectures, without properly appreciating the facts and evidence on record.

2.

The learned CIT(Exemption) failed to consider the assessee trust is engaged in genuine charitable activities, specifically providing education and medical grants to the poor and needy.

3.

The learned CIT(Exemption) overlooked the fact that the assessee trust had submitted audited financial statements for the last three years, which clearly detailed the expenses incurred for charitable purposes.

4.

The learned CIT(Exemption) failed to take into account the statement of the Hon’ble Finance Minster in the Lok Sabha during the presentation of 2

the Budget for F.Y. 2025-26, wherein it was emphasised that small trust should be granted appropriate exemptions.

2.

On the day of appeal, fixed for hearing, none and appeared for the appellant even though notice was sent to the Trust. There was neither an adjournment letter nor any papers/evidences filed in support of the above grounds of appeal. In the absence of appellant and also in view of no supporting documents for grounds of appeal filed the appeal of appellant is dismissed.

3.

The appeal of the appellant is dismissed.

Order pronounced in the open court on 05-05-2025. (SANDEEP GOSAIN) (OMKARESHWAR CHIDARA)
Judicial Member Accountant Member
PS
Copy of the Order forwarded to :

1.

The Appellant 2. The Respondent 3. DR, ITAT, Mumbai 4. 5. Guard File CIT

BY ORDER,

(Dy./Asstt.

PREMCHAND RAGHAVJI KANSARA CHARITABLE TRUST,MUMBAI vs CIT EXEMPTIONS MUMBAI, MUMBAI | BharatTax