KARNATAKA CHINMAYA SEVA TRUST,BENGALURU vs. DCIT-(EXEMPTIONS) CIRCLE-1, BANGALORE

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

trust, earmarked for such charitable or religious\npurposes. Such 25 per cent of the income or Rs. 10,000, whichever is higher,\nwill also get exempted from income-tax. That exhausts the operation of\nsection 11(1)(a). Then follows sub-section (2) which naturally deals with the\nquestion of investment of the balance of accumulated income which has still

KARNATAKA CHINMAYA SEVA TRUST,BENGALURU vs. DCIT-(EXEMPTIONS) CIRCLE-1, BANGALORE

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

trust, earmarked for such charitable or religious\npurposes. Such 25 per cent of the income or Rs. 10,000, whichever is higher,\nwill also get exempted from income-tax. That exhausts the operation of\nsection 11(1)(a). Then follows sub-section (2) which naturally deals with the\nquestion of investment of the balance of accumulated income which has still

M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST ,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL , BENGALURU

Charitable Trust by any\nregistered transfer/sale deed. Mr. P Shyamaraju in his sworn statement has\nconfirmed that the properties have been purchased in his name and in name of his\nson (Mr. Umesh S. Raju) in their individual capacities, by utilizing the funds given by\nthe Trust. Mr. P. Shyamaraju has admitted that the titles of said properties and legal

ASSISTANT COMMISSIONER OF INCOME TAX, BENGALURU vs. CMR JNANADHARA TRUST, BENGALURU

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

Bench: Shri George George K & Shri Waseem Ahmed

charitable or religious trust which forfeits exemption by virtue of the provisions of the IT Act in regard to investment pattern or use of the trust property for the benefit of the settlor, etc., contained in section 13(1)(c) and (d) of that Act, the said rate will not apply: to the business profits of such trusts which

ASSISTANT COMMISSIONER OF INCOME TAX, BENGALURU vs. CMR JNANADHARA TRUST, BENGALURU

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

Bench: Shri George George K & Shri Waseem Ahmed

charitable or religious trust which forfeits exemption by virtue of the provisions of the IT Act in regard to investment pattern or use of the trust property for the benefit of the settlor, etc., contained in section 13(1)(c) and (d) of that Act, the said rate will not apply: to the business profits of such trusts which

SRI SRINIVASA TRUST,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal of the assessee is hereby allowed

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

income is applied for charitable or religious purposes. However, the benefit of application is available only if the recipient entity is a registered charitable trust under Section 12A, as clarified in Explanation 2 to section 11(1) of the Act. Moreover, the assessee failed to provide any documentary evidence proving that the amounts were spent for charitable purposes. The burden

SRI SRINIVASA TRUST,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), BANGALORE

In the result, the appeal of the assessee is hereby allowed

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

income is applied for charitable or religious purposes. However, the benefit of application is available only if the recipient entity is a registered charitable trust under Section 12A, as clarified in Explanation 2 to section 11(1) of the Act. Moreover, the assessee failed to provide any documentary evidence proving that the amounts were spent for charitable purposes. The burden

M/S. VIJAYANAGAR EDUCATIONAL TRUST,BENGALURU vs. THE COMMISSIONER OF INCOME TAX (EXEMPTION), BENGALURU

In the result appeal of the assessee is allowed

Bench: Shri Prashant Maharishi & Shri Soundararajan K.Assessment Year: 2019-20

income of Rs. 5,87,70,870 and ITA No.2006 /Bang/2019 Page 17 of 37 also paid the tax. The affairs of the trust are mismanaged and further the books of account of the trust are also not produced. viii. The ld. CIT(E) further noted that for AYs 2012-13 and 2011-12, salary is paid to the family

AL-BADAR EDUCATIONAL AND CHARITABLE TRUST,KALABURAGI vs. DEPUTY COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE, BELLARY

In the result, the appeals of the revenue are allowed and the\nappeal of the assessee is dismissed

addition of the donation is\nnot been made in the hence of the assessee u/s 68 of the income\ntax act but as income of the charitable trust

ACHARYA SRI TULSI MAHAPRAGYA SEVA KENDRA CHARITABLE TRUST ,BANGALORE vs. CIT(EXEMPTIONS), BANGALORE

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

CHARITABLE TRUST\nNO 3, ACHARYA SRI TULSI MARG,\n2ND MAIN ROAD, GANDHI NAGAR, BANGALORE\n(PETITIONER)\nVS\nTHE COMMISSIONER OF INCOME TAX (EXEMPTIONS)\nBANGALORE\n(RESPONDENT)\nITA No. 951/BANG/2025\n1.\n2.\nPETITION FOR ADMISSION OF ADDITIONAL

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, BALLARI, BALLARI vs. MS AL BADAR EDUCATIONAL AND CHARITABLE TRUST, BALLARI

In the result, the appeals of the revenue are allowed and the\nappeal of the assessee is dismissed

addition of the donation is\nnot been made in the hence of the assessee u/s 68 of the income\ntax act but as income of the charitable trust

M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL, BENGALURU

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

Income-Tax Act. 02. At the request of the assessee, we take the lead appeal for AY 2015-16 in ITA No. 2106/Bang/2024. 03. The brief facts of the case show that assessee, charitable Trust was established in 2003 and registration was granted u/s. 12AA of the Act on 19.3.2003 and subsequently u/s. 12AB on 24.9.2021. The original name

SANGHAMITRA RURAL FINANCIAL SERVICES,BANGALORE vs. ASSISTANT COMMISSIONER OF INCOME TAX, EXEMPTIONS CIRCLE-1, BANGALORE

In the result, appeals of the assessee are dismissed

Bench: Shri Chandra Poojari & Smt. Madhumita Roy

charitable activities on the facts and circumstances of the case. 10. The appellant denies the liability to pay interest under section 234A, 2343 and 234C of the Act in view of the fact that there is no liability to additional tax as determined by the learned assessing officer. Without prejudice the rate, period and on what quantum the interest

MARGDARSHAN FOUNDATION,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX , (EXEMPTIONS), CIRCLE-1, BANGALORE

In the result, both the appeals filed by assessee stands\nallowed

addition, the trust is also have religious objects. From the\norder rejecting 80G, it is further clear why the assessee was\ngranted registration as a “Religious trust”. The authorities below\nobserved that the assessee is into promotion and teachings of\nVedas, holding it to be religious in nature. However, on careful\nanalysis of the objects of the assessee, makes

SHRI SIWANCHI OSWAL JAIN BHAVAN TRUST,BANGALORE vs. COMMISSIONER OF INCOME TAX, EXEMPTIONS, BANGALORE

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

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Additionally, the trust will organize worship activities, charity, chanting, and meditation sessions to promote peace and spiritual growth. It may also acquire and manage movable and immovable properties needed to support its objectives and publish or distribute relevant literature to advance its cause. 5. The trust initially obtained provisional registration under section 12A vide Form 10AC dated 30.01.2024. Subsequently

SHRI SIWANCHI OSWAL JAIN BHAVAN TRUST,BANGALORE vs. COMMISSIONER OF INCOME TAX, EXEMPTIONS, BANGALORE

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

Bench: Shri Waseem Ahmed & Shri Soundararajan K

Additionally, the trust will organize worship activities, charity, chanting, and meditation sessions to promote peace and spiritual growth. It may also acquire and manage movable and immovable properties needed to support its objectives and publish or distribute relevant literature to advance its cause. 5. The trust initially obtained provisional registration under section 12A vide Form 10AC dated 30.01.2024. Subsequently

SHRI HINGULAMBIKA EDUCATION SOCIETY,GULBARGA vs. ITO (EXEMPTIONS), WARD-1, KALBURGI

In the result, appeal of the assessee is allowed

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2020-21

additional ground. The relevant portion of Section 12A of the Act is as follows:- "Section 12A - (1) Conditions as to registration of trusts, etc.- The provisions of section 11 and section 12 shall not apply in relation to the income of any Shri Hingulambika Education Society, Gulbarga Page 32 of 42 trust or institution unless the following conditions are fulfilled

MARGDARSHAN FOUNDATION,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX (EXEMPTIONS), CIRCLE-1, BANGALORE

In the result, both the appeals filed by assessee stands\nallowed

addition, the trust is also have religious objects. From the\norder rejecting 80G, it is further clear why the assessee was\ngranted registration as a “Religious trust”. The authorities below\nobserved that the assessee is into promotion and teachings of\nVedas, holding it to be religious in nature. However, on careful\nanalysis of the objects of the assessee, makes