ITO(E),VADODARA, RACE CIURSE VADODARA vs. TAKSHSHILA FOUNDATION(NGO), KARELIBAUGH, VADODARA

In the result, the Cross Objection filed by the assessee is allowed, whereas the appeal filed by the Revenue is dismissed as infructuous

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokar, Accountnat Member & Co No.8/Ahd/2024 (In Ita No.118/Ahd/2024 – By Assessee) Assessment Year : 2022-23 The Income Tax Officer (E) Takshshila Foundation (Ngo) (Ward) Vs B/15, Suhas Society Race Course Harni Road Vadodara 390 007 Karelibaug, Vadodara – 390 018 (Gujarat) Pan:Aaatt 5363 K अपीलाथ"/ (Appellant) "" यथ"/ (Respondent & Cross Objector) Assessee By : Shri D.K. Parikh, Ar Revenue By : Shri Atul Pandey, Sr.Dr सुनवाई क" तार"ख/Date Of Hearing : 25/06/2024 घोषणा क" तार"ख /Date Of Pronouncement: 02/07/2024 आदेश/O R D E R Per Shri Makarand V. Mahadeokar, Am: This Appeal By The Revenue Arises From The Order Of The Office Of Commissioner Of Income Tax (Appeals), Addl/Jcit (A)–6, Chennai [Hereinafter Referred To As "Cit(A)"] Dated 08-12-2023, For The Assessment Year (Ay) 2022-23 Against The Intimation/Order Passed U/S. 143(1) Of The Income Tax Act, 1961 (“The Act” In Short) By Cpc, Bengaluru & The Assessee Is In Cross Objection Thereof.

charitable Trust claiming exemption under sections 11 & 12 of the Act and the same were accepted in the past. AY 2022- 23, the assessee filed its return of income declaring NIL income. 2.1. The return was processed by CPC, Bengaluru vide Intimation u/s. 143(1) of the Act dated 31.03.2023, disallowed entire application (expenses) of Rs.1

ACIT, EXEMPTIONS, CIRCLE-1, AHMEDABAD, AHMEDABAD vs. VYAKTI VIKAS KENDRA INDIA, AHMEDABAD

In the result, the appeal of the Revenue is dismissed

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinhaassessment Year: 2016-17

TDS thereon, whether the same contributes any change in the status of the trust being charitable in nature. 8.7 During

GUJARAT SICKLE ANEMIA CONTROL SOCIETY,,GANDHINAGAR vs. THE DEPUTY COMMISSIONER OF INCOME TAX,, AHMEDABAD

In the result, appeal filed by the assessee for A

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

Charitable Trust vs. ITO(TDS)-1, Indore, ITA No. 909/Ind/2019 as follows: ITA Nos. 1072 to 1074/Ahd/2017 (Gujarat Sickle Anemia

GUJARAT SICKLE ANEMIA CONTROL SOCIETY,,GANDHINAGAR vs. THE DEPUTY COMMISSIONER OF INCOME TAX,, AHMEDABAD

In the result, appeal filed by the assessee for A

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

Charitable Trust vs. ITO(TDS)-1, Indore, ITA No. 909/Ind/2019 as follows: ITA Nos. 1072 to 1074/Ahd/2017 (Gujarat Sickle Anemia

GUJARAT SICKLE ANEMIA CONTROL SOCIETY,,GANDHINAGAR vs. THE DEPUTY COMMISSIONER OF INCOME TAX,, AHMEDABAD

In the result, appeal filed by the assessee for A

Bench: Shri Mahavir Prasad, Judicial Memebr & Shri Waseem Ahmed, Accountant Memebr

Charitable Trust vs. ITO(TDS)-1, Indore, ITA No. 909/Ind/2019 as follows: ITA Nos. 1072 to 1074/Ahd/2017 (Gujarat Sickle Anemia

THE ASSTT. COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE-1,, AHMEDABAD vs. GROW MORE FOUNDATION,, SABARKANTHA

In the result, appeal filed by the Revenue is hereby dismissed

charitable institutions. The assessee trust had made Rs. 2,39,692/- to Chandansingh H Rajput who is a contractor for the construction work of the trust. Having not satisfied with the reply filed by the assessee, the assessing officer added these disallowances and determined the gross total income as Rs. 2,31,37,731/- and demanded tax thereon. 3. Aggrieved

SMT. PASHIBEN PRAJAPATI FAMILY TRUST (DISC),AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-3(3)(5), AHMEDABAD

The appeal of the assessee is partly allowed in the manner as indicated above

Bench: Ld. Cit(A) Has In-Turn Arisen From The Intimation Dated 07.12.2022 Issued By Cpc, Bengaluru, U/S.154(Cpc/2122/U5/ 314311772) Of The Act.

TDS credit of Rs.68,042/- and penalty of Rs.5000/- and interest of Rs.1430/- was paid. But, in response to the ITR-5, the appellant was taxed at MMR without giving effect of deduction under Chapter-VIA. 4.5 It is the contention of the appellant that the appellant trust is eligible to pay tax as per the second proviso to section

SHRI RUSHABHDEV SWETAMBAR MURTIPUJAK JAIN SANGH,AHMEDABAD vs. THE ITO, WARD-2 (EXEMPTION), AHMEDABAD

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Shri T.R. Senthil Kumar&Shri Makarand V. Mahadeokar

charitable trust under section 12AA of the Act. The Assessing Officer received information through NMS/Insight database indicating that cash deposits aggregating to Rs. 21,56,720/- and bank interest income of Rs. 1,37,082/- were recorded in certain bank accounts during the financial year relevant to the assessment year under consideration, corresponding to PAN AAATR2081G. According

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT.LTD.,,AHMEDABAD vs. DY.COMMISSIONER OF INCOME TAX,CIRCLE-1(1)(2),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

charitable trust involved in microfinance lending, which transferred its Micro Finance Division (MFD) to the assessee and Indian Foundation for Inclusive Growth (IFIG) - A trust that is the holding entity of Ananya Finance and was funded by FWWB. The assessee entered into a Business Transfer Agreement (BTA) with FWWB on April 26, 2010, to acquire its Micro Finance Division

THE DY.COMMISSIONER OF INCOME TAX CIRCLE-1(1)(1),, AHMEDABAD vs. M/S. ANANYA FINANCE FOR INCLUSIVE GROWTH PVT. LTD.,, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

charitable trust involved in microfinance lending, which transferred its Micro Finance Division (MFD) to the assessee and Indian Foundation for Inclusive Growth (IFIG) - A trust that is the holding entity of Ananya Finance and was funded by FWWB. The assessee entered into a Business Transfer Agreement (BTA) with FWWB on April 26, 2010, to acquire its Micro Finance Division

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT.LTD.,,AHMEDABAD vs. DY.COMMISSIONER OF INCOME TAX,CIRCLE-1(1)(2),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

charitable trust involved in microfinance lending, which transferred its Micro Finance Division (MFD) to the assessee and Indian Foundation for Inclusive Growth (IFIG) - A trust that is the holding entity of Ananya Finance and was funded by FWWB. The assessee entered into a Business Transfer Agreement (BTA) with FWWB on April 26, 2010, to acquire its Micro Finance Division

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT.LTD.,,AHMEDABAD vs. DY.COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(2),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

charitable trust involved in microfinance lending, which transferred its Micro Finance Division (MFD) to the assessee and Indian Foundation for Inclusive Growth (IFIG) - A trust that is the holding entity of Ananya Finance and was funded by FWWB. The assessee entered into a Business Transfer Agreement (BTA) with FWWB on April 26, 2010, to acquire its Micro Finance Division

ANANYA FINANCE FOR INCLUSIVE GROWTH PVT. LTD.,,AHMEDABAD vs. THE ASST.COMMISSIONER OF INCOME TAX CIRCLE-1(1)(1),, AHMEDABAD

Bench: Ms. Suchitra Kamble & Shri Makarand V. Mahadeokar

charitable trust involved in microfinance lending, which transferred its Micro Finance Division (MFD) to the assessee and Indian Foundation for Inclusive Growth (IFIG) - A trust that is the holding entity of Ananya Finance and was funded by FWWB. The assessee entered into a Business Transfer Agreement (BTA) with FWWB on April 26, 2010, to acquire its Micro Finance Division

G. B. BUILDERS, ,AHMEDABAD vs. ACIT-CPC(TDS),, GHAZIABAD

In the result, appeal of the assessee is allowed

Bench: Due Date On 24-11-2014, But Inadvertently Committed An Error Therein Of Depositing This Tds Using Pan Of The Seller Instead Of Pan Of The Appellant (As The Buyer)

Charitable Trust v. ITO 2021] 125 taxmann.com 75 (Gujarat) held that the approach of the authorities should be justice oriented so as to advance the cause of justice. The Gujarat High Court in the case of CIT v. Gujarat Oil and Allied Industries Ltd. [1993] 201 ITR 325 (Guj.), took the view that the benefit of exemption should

KALPESH DHANJIBHAI MAKASANA,SURENDRANAGAR vs. PR. CIT, AHMEDABAD-3, AHMEDABAD, AHMEDABAD

In the result, the appeal filed by the Assessee is allowed

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Charitable Trust, Wadhwan through banking channel and also furnished other details as required by the assessing officer. On due verification of the details, the assessing officer accepted the Returned Income and passed the assessment order u/s 143(3) dated 20-09-2022. Perusal of the above assessment order, Ld. PCIT found that the assessee had shown income from salary

M/S. SHARDABEN EDUCATION TRUST,GANDHINAGAR vs. THE INCOME TAX OFFICER, (EXEMPTIONS) WARD-1,, AHMEDABAD

In the result, the appeal filed by the assessee is allowed

Bench: Shri Waseem Ahmedआयकर अपील सं./Ita No.2312/Ahd/2018 िनधा"रण वष"/Asstt. Year:2014-2015 M/S. Shardaben Education Trust, Income Tax Officer, Set, Opp. Kailash Dham, Vs. (Exemption) Pethapur, Ward-1, Gandhinagar-382610. Ahmedabad.

charitable trust registered with charity commissioner Mehsana since 11th October 2006 and also registered under section 12AA of the Act vide registration dated 12th November 2009. The assessee, for the year under consideration filed belated return dated 2nd June 2015 declaring an income of Rs. 15,26,210/- and the same was processed under section

SANDEEPKUMAR MITHULAL MEHTA,AHMEDABAD vs. THE ITO, WARD-3(3)(10), AHMEDABAD

In the result, for statistical purpose, the appeal of assessee is treated as allowed

Bench: Shri Waseem Ahmed & Shri Siddhartha Nautiyalआयकर अपील सं./Ita No. 1002/Ahd/2019 िनधा"रण वष"/Asstt. Year: 2012-2013 Sandeepkumar Mithulal Mehta, I.T.O., 7, Rajasthan Society, Vs. Ward-3(3)(10), Opp. Meghdoot Petrol Pump, Ahmedabad. Sahibaug, Ahmedabad.

Charitable Trust v. Dy. CIT reported in 280 ITR 357 has held that : “3. The Supreme Court in Vedabai v. Shantaram Baburao Patil [2002] 253 ITR 798 held as under: "In exercising discretion under section 5 of the Limitation Act the Courts should adopt a pragmatic approach. A distinction must be made between a case where the delay is inordinate

GREEN ENVIRONMENT CHARITABLE TRUST,VADODARA vs. CIT (EXEMPTION), AHMEDABAD

In the result, the appeal filed by the assessee is allowed for statistical\npurposes

charitable activities and the delay in filing the\npresent appeal was unintentional. After going through the explanation of\nthe assessee, the delay in filing the appeal is condoned.\n3. The brief facts of the case are that the assessee is a trust carrying on\ncharitable activities like supporting under privileged community,\neducational support and social welfare activities etc. The assessee