CIT v. Eternal Science of Man’s

128 ITR 456High Court#6836 most cited

What is CIT v. Eternal Science of Man’s authority for?

Receipts of a capital nature are not taxable as income, even if they are donations. If a donation of shares is made with a specific direction to constitute the corpus of the recipient charitable organization, it is a capital receipt and not income liable to tax.

16

judgments rely on this decision, according to BharatTax’s citation analysis of 366,315 Indian tax judgments — from 2015 to 2018.

Also referred to as

CIT vs. Eternal Science of Man's Society · 128 ITR 456 · capital receipt · donation of shares · corpus donation · not income · Section 11 · Section 12

Judgments citing CIT v. Eternal Science of Man’s

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. Income Tax Officer (Exemption)- 1(3), Mumbai

ITA 6954/MUM/2017[2014-15]Status: DisposedITAT Mumbai04 Jul 2018AY 2014-15

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. Income Tax Officer (Exemption)- 1(3), Mumbai

ITA 6953/MUM/2017[2013-14]Status: DisposedITAT Mumbai04 Jul 2018AY 2013-14

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. Income Tax Officer (Exemption)- 1(3), Mumbai

ITA 6952/MUM/2017[2012-13]Status: DisposedITAT Mumbai04 Jul 2018AY 2012-13

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

ITO (E) 1(3), Mumbai vs. Free Trade Union, Mumbai

ITA 3801/MUM/2016[2007-08]Status: DisposedITAT Mumbai04 Jul 2018AY 2007-08

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

ITO (E) 1(3), Mumbai vs. Free Trade Union, Mumbai

ITA 3800/MUM/2016[2006-07]Status: DisposedITAT Mumbai04 Jul 2018AY 2006-07

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

ITO (E) 1(3), Mumbai vs. Free Trade Union, Mumbai

ITA 3795/MUM/2016[2009-10]Status: DisposedITAT Mumbai04 Jul 2018AY 2009-10

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

ITO (E) 1(3), Mumbai vs. Free Trade Union, Mumbai

ITA 3794/MUM/2016[2008-09]Status: DisposedITAT Mumbai04 Jul 2018AY 2008-09

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

ITO (E) 1(3), Mumbai vs. Free Trade Union, Mumbai

ITA 3793/MUM/2016[2005-06]Status: DisposedITAT Mumbai04 Jul 2018AY 2005-06

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. DCIT, Central Circle-43 Or CIT Central 4, Mumbai

ITA 3084/MUM/2016[2009-10]Status: DisposedITAT Mumbai04 Jul 2018AY 2009-10

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. DCIT, Central Circle-43 Or CIT Central 4, Mumbai

ITA 3083/MUM/2016[2008-09]Status: DisposedITAT Mumbai04 Jul 2018AY 2008-09

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. DCIT, Central Circle-43 Or CIT Central 4, Mumbai

ITA 3082/MUM/2016[2007-08]Status: DisposedITAT Mumbai04 Jul 2018AY 2007-08

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. DCIT, Central Circle-43 Or CIT Ventral 4, Mumbai

ITA 3081/MUM/2016[2006-07]Status: DisposedITAT Mumbai04 Jul 2018AY 2006-07

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

M/S. Free Trade Union Multipurpose Project Trust, Mumbai vs. DCIT, Central Circle-4, Mumbai

ITA 3080/MUM/2016[2005-06]Status: DisposedITAT Mumbai04 Jul 2018AY 2005-06

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

Patanjali Yogpeeth (Nyas), Delhi vs. ADIT(Exemption), New Delhi

Appeal is allowed

ITA 2267/DEL/2013[2009-10]Status: DisposedITAT Delhi09 Feb 2017AY 2009-10

Bench: Shri I.C. Sudhir & Shri L. P. Sahu

For Appellant: Shri Ajay Vohra, Sr. Adv.; &For Respondent: Shri N. C. Swain, CIT [DR]
Section 11(1)(a)Section 11(5)Section 13Section 142Section 2(15)

…Act and is treated as non-charitable, could not be regarded as “income”, per se, and the same would constitute a capital receipt, not liable to tax. Your Honours kind attention in this regard is invited to the case of CIT vs. Eternal Science of Man’s Society: 128 ITR 456 (Del), wherein it was held that any receipt of capital nature could not be treated as income and, hence, it was outside the purview of section 12 of the Act. In this particular case, the Hon’ble Delhi High Court held that a donation of shares made by one charitable organization to another, with a specific direction that these shares would constit…

Asst CIT CC 43, Mumbai vs. Free Trade Union Multipurpose Project Trust, Mumbai

ITA 1336/MUM/2014[2003-04]Status: DisposedITAT Mumbai16 Dec 2015AY 2003-04

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

For Appellant: N. R Agrawal, ARFor Respondent: Pooja Swaroop, Sr.DR
Section 11Section 13(1)Section 132Section 139Section 143(2)Section 143(3)Section 147Section 148

…IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, MUMBAI BEFORE SRI MAHAVIR SINGH, JM AND G. MANJUNATHA, AM ITA No. 3080 To 3084/Mum/2016 and ITA No. 6952 To 6954/Mum/2017 (A.Y. 2005-06, 2006-07, 2007-08, 2008-09,2009-10,2012-13, 2013-14 and 2014-15) M/s Free Trade Union The Income Tax Officer Multipurpose Project Trust, (Exemptions)-1(3), Mumbai- 4 th Kennedy House, Floor, 400 012 Vs. Goregaonkar Road, Nana Chowk, Mumbai-400007. Appellant .. Respondent PAN No. AAAFF0003F ITA No. 1336/Mum/2014, ITA No. 3793 To 3795/Mum/2016 and ITA No. 3800 To 3801/Mum/2016 (A.Y. 2003-04, 2005-06, 2006-07, 2007-08, 2008-09 and…

ADIT (E), New Delhi vs. Unitech South City Educational Charitable Trust, New Delhi

The appeal is dismissed

ITA 2873/DEL/2011[2003-04]Status: DisposedITAT Delhi23 Sept 2015AY 2003-04

Bench: Shri I.C. Sudhir & Shri Inturi Rama Rao Assessment Year: 2003-04 Adit(E), Vs. Unitech South City Educational Trust Circle-Iv, Charitable Trust, New Delhi. 6-Co,,Unity Centre, Saket, New Delhi. (Pan: Aaatu1693H) (Appellant) (Respondent) Cross Obj. No. 308/Del/2011 ( In Ita No. 2873/Del/2011) Assessment Year: 2003-04 Unitech South City Educational Vs. Adit(E), Charitable Trust, Trust Circle-Iv, 6-Co,,Unity Centre, Saket, New Delhi. New Delhi. (Pan: Aaatu1693H) (Appellant) (Respondent)

For Appellant: Shri J.P. Chandrakar, Sr. DR
Section 11(1)(a)Section 11(1)(d)Section 68

…l Lab. Trust – 311 ITR 365 (Delhi); ii) DIT vs. Ajay G. Piramal Foundation- 228 Taxman 332 (Delhi); iii) ITA No. 927/2009 (Del) dated 23.9.2009 – DIT vs. Basanti Devi & Shri Chakhan Lal Garg edu. Trust Basanti. iv ) CIT vs. Eternal Science of Man’s Society – 128 ITR 456; v ) CIT vs. Puararpan Charitable Trust – 166 ITR 214 (Cal.); vi) Apollo Hospitals Research Foundations vs. Asst. DIT(E)- 241 ITR 26; vii) CIT vs. Sthanakvasi Vardhman Vanik Jain Sangh – 260 ITR 366 (Guj.); & viii) 61 ITD 196 (Cal.) Shri Shankar Bhagwan Estate vs. ITO. 7. The Learned AR also referred list of donors along with address and letter…

CIT v. Eternal Science of Man’s (128 ITR 456) — Cited in 16 Judgments | BharatTax