M/S. INDIAN SOCIETY FOR TECHNICAL EDUCATION,NEW DELHI vs. ITO, NEW DELHI
In the result, the appeal of the assessee is allowed, for statistical purposes
ITA 3280/DEL/2017[2012-13]Status: DisposedITAT Delhi13 Sept 2021AY 2012-13
Bench: Shri Sudhanshu Srivastava & Shri Prashant Maharishi(Through Video Conferencing) M/S. Indian Society For Vs. Ito, Technical Education, Ward-1(2), C/O. M/S. Rra Taxindia, New Delhi D-28, South Extension, Parti-I, New Delhi – 110 049. Pan: Aaati2760D (Appellant) (Respondent)
For Appellant: Dr. Rakesh Gupta, AdvocateFor Respondent: Ms. Anima, Sr. D.R
Section 11Section 11(1)Section 12ASection 143Section 234Section 80G(5)(v)
under Section 12AA of the Act and, therefore, it is entitled to benefit of Section 11 of the Act. According to provisions of Section 12(1) of the act any voluntary contribution received not, being contributions made with a specific direction that they shall form part of the corpus ... shall form part of the corpus. Hence, according to the Assessing Officer these are merely voluntary contributions and are chargeable to tax under Section 12(1)(a) of the Act. Before us the ld. AR has merely relied upon the judicial precedents, but has not produced any evidence to show
