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5 results for “charitable trust”+ Section 201clear

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Key Topics

Section 1544Section 143(3)4Section 12A4Section 2503Section 143(1)3Section 113Section 139(9)3Section 1393Exemption3

LANGAR COMMITTEE HANUMAN MANDIR,MALERKOTLA vs. INCOME TAX OFFICER, (EXAMPTION),, JALANDHAR

In the result, the assessee’s appeal is disposed on the aforesaid terms

ITA 516/ASR/2017[2014-15]Status: DisposedITAT Amritsar15 Mar 2018AY 2014-15

Bench: Sh. Sanjay Arora & Sh. N.K.Choudhryi.T.A No. 516/(Asr)/2017 Assessment Year: 2014-15

For Appellant: Sh. Subhash Jain & Kartik Jain (C As)For Respondent: Sh. S.S. Negi (DR)
Section 10Section 143(3)Section 2(24)(iia)

charitable or religious purposes). The question of observance of that procedure - which requires a notice by the assessee to the AO to that effect (section 11) (refer: CIT v. Nagpur Hotel Owner’s Association [2001] 6 ITA No.516 (Asr)/2017(A.Y.2014-15) Langar Committee Hanuman Mandir vs. ITO(E) 247 ITR 201 (SC)), in the present case does not arise

MAHARAJA RANJIT SINGH WAR MUSEUM SOCIETY,LUDHIANA vs. INCOME TAX OFFICER, (EXAMPTION), JALANDHAR

Deduction3
Addition to Income2
Long Term Capital Gains2

In the result, the assessee’s appeal is partly allowed

ITA 618/ASR/2017[2014-15]Status: DisposedITAT Amritsar28 Aug 2018AY 2014-15

Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 618/Asr/2017 Assessment Year: 2014-15

For Appellant: Sh. Sunil Kumar Mukhi, AdvocateFor Respondent: Sh. Sandeep Chauhan, CIT-DR
Section 11(1)(a)Section 11(3)Section 11(3)(d)Section 12ASection 139Section 143(3)

section 11(3) only delineate the same. That is, it is not the income derived from property held under trust, for which it is entitled to exemption where applied to the extent of at least 85% for charitable purposes in the year in which it arises, or, in the alternative, is to be, subject to the procedure to be followed

MESERS EMBROCIA FARMS PVT LTD,PATHANKOT vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-6, PATHANKOT

In the result, the assessee’s appeal is (in ITA No

ITA 561/ASR/2018[2006-07]Status: DisposedITAT Amritsar13 May 2019AY 2006-07

Bench: Sh. Sanjay Arorai.T.A. Nos. 561/Asr/2018 & 284/Asr/2017 Assessment Year: 2006-07

For Appellant: Sh. Tarsem Lal, AdvFor Respondent: Sh. Charan Dass, Sr. D.R
Section 143(3)Section 154Section 250Section 271(1)(c)Section 50C

Charitable Trust v. CIT (in WP(C) 12347 of 2005 dated 9/5/2006), where the same contention, i.e., of the non- passing of orders (in that case u/s. 12AA as well as s. 80G(5) of the Act) within the stipulated time period of six months as amounting to a deemed acceptance of the relevant application/s, was negatived

M/S EMBROCIA FARMS PVT LTD. ,PATHANKOT vs. D.C.I.T, CIRCLE-6,, PATHANKOT

In the result, the assessee’s appeal is (in ITA No

ITA 284/ASR/2017[2006-07]Status: DisposedITAT Amritsar13 May 2019AY 2006-07

Bench: Sh. Sanjay Arorai.T.A. Nos. 561/Asr/2018 & 284/Asr/2017 Assessment Year: 2006-07

For Appellant: Sh. Tarsem Lal, AdvFor Respondent: Sh. Charan Dass, Sr. D.R
Section 143(3)Section 154Section 250Section 271(1)(c)Section 50C

Charitable Trust v. CIT (in WP(C) 12347 of 2005 dated 9/5/2006), where the same contention, i.e., of the non- passing of orders (in that case u/s. 12AA as well as s. 80G(5) of the Act) within the stipulated time period of six months as amounting to a deemed acceptance of the relevant application/s, was negatived

SRI SHYAM CHARAN SEWA TRUST,LUDHIANA vs. INCOME TAX OFFICER ( EXEMPTIONS ) WARD, JALANDHAR

In the result, the appeal of the assessee bearing ITA No

ITA 214/ASR/2022[2018-19]Status: DisposedITAT Amritsar24 Feb 2023AY 2018-19

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

Section 11Section 139Section 139(9)Section 143(1)Section 250Section 8o

section above clearly spells out the time limit of compliance. That means that both the return of income and audit report has to be filed by the due date prescribed u/s. 139. 139 provides prescribed dates both for the audited accounts and the date of filing of returns. In any case it is difficult to file the return without getting