M/S SANT BABA BHAG SINGH MEMORIAL CHARITABLE SOCIETY,JALANDHAR vs. D.C.I.T, CIRCLE - 1 (EXEMPTION), CHANDIGARH
In the result, the assessee’s appeal is partly allowed
ITA 432/ASR/2017[2014-15]Status: DisposedITAT Amritsar27 Feb 2019AY 2014-15
Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 432/(Asr)/2017 Assessment Year: 2014-15
For Appellant: Sh. J. S. Bhasin (Adv.)For Respondent: Sh. Sandeep Chauhan, CIT-DR
Section 115BSection 12ASection 133(6)Section 143(3)Section 68
charitable trusts not operating in the field of education or medicine. Clearly, therefore, the focus is to target unaccounted money flowing into these sectors.
Religious trusts, perhaps on account of faith, remain largely unregulated, as indeed we find DSBBS to be. The two sections, or more appropriately, the terms thereof, are in pari materia; section 115BBE also prescribing
