DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.PANCHAJANYA VIDYA PEETA WELFARE TRUST, BANGALORE

In the result, all the appeals of the revenue are dismissed

Bench: Shri Arun Kumar Garodiaand Shri Laliet Kumar

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.PANCHAJANYA VIDYA PEETA WELFARE TRUST, BANGALORE

In the result, all the appeals of the revenue are dismissed

Bench: Shri Arun Kumar Garodiaand Shri Laliet Kumar

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.PANCHAJANYA VIDYA PEETA WELFARE TRUST, BANGALORE

In the result, all the appeals of the revenue are dismissed

Bench: Shri Arun Kumar Garodiaand Shri Laliet Kumar

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.PANCHAJANYA VIDYA PEETA WELFARE TRUST, BANGALORE

In the result, all the appeals of the revenue are dismissed

Bench: Shri Arun Kumar Garodiaand Shri Laliet Kumar

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.PANCHAJANYA VIDYA PEETA WELFARE TRUST, BANGALORE

In the result, all the appeals of the revenue are dismissed

Bench: Shri Arun Kumar Garodiaand Shri Laliet Kumar

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

DEPUTY COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.PANCHAJANYA VIDYA PEETA WELFARE TRUST, BANGALORE

In the result, all the appeals of the revenue are dismissed

Bench: Shri Arun Kumar Garodiaand Shri Laliet Kumar

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

DCIT, BANGALORE vs. M/S B S & G FOUNDATION,, BANGALORE

In the result, Revenue’s appeal for asst

Bench: Shri Sunil Kumar Yadav & Shri Jason P Boazthe Dy. Commissioner Of Income-Tax (Exemptions), Bengaluru. . Appellant Vs. M/S B S & G Foundation, 502, 2Nd Floor, 5Th ‘C’ Main, 5Th Cross, 2Nd Block, Hrbr Layout, Kalyannagar, Bangalore. . Respondent Pan – Aaatb6131D. Appellant By : Smt. Padmameenakshhi, Jcit Respondent By : Shri R.T Balasubramanyam, C.A Date Of Hearing : 28-9-2017 Date Of Pronouncement : 4-10-2017 O R D E R

loss of an earlier year being set off against the profit of a subsequent year. The object of the religious and ITA No.884/B/16 26 charitable trust can only he achieved by incurring expenditure and in order to incur that expenditure, the trust should have an income. So long as the expenditure incurred is on religious or charitable purposes

M/S. UDUPI NIRMITHI KENDRA,UDUPI vs. ASSISTANT COMMISSIONER OF INCOME TAX, (EXEMPTIONS) CIRCLE-1, MANGALORE

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

M/S. UDUPI NIRMITHI KEDRA,UDUPI vs. THE DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE - 1, MANGALURU

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

M/S. DAKSHINA KANNADA NIRMITHI KENDRA,MANGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE -1, MANGALURU

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

DAKSHINA KANNADA NIRMITHI KENDRA ,MANGALURU vs. ASSISTANT COMMISSIONER OF INCOME TAX, (EXEMPTIONS), CIRCLE-1,, MANGALURU

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

DAKSHINA KANNADA NIRMITHI KENDRA ,MANGALURU vs. INCOME TAX OFFICER, WARD 1(1),, MANGALURU

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

DAKSHINA KANNADA NIRMITHI KENDRA ,MANGALURU vs. INCOME TAX OFFICER, WARD 1(1),, MANGALURU

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

DAKSHINA KANNADA NIRMITHI KENDRA ,MANGALURU vs. INCOME TAX OFFICER, WARD 1(1),, MANGALURU

In the result, all appeals filed by the assessees in all the assessees’ appeals are dismissed except for assessment year

Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2013-14

charitable purpose. 16. What survives to be determined is whether any of BIS's activities fall within the latter and larger category of "involved in the carrying on of any activity of rendering any service in relation to any trade, commerce or business". The expressions "any activity," "rendering any service" and "in relation to any trade, commerce or business" imply

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

forward a copy of the order under clause (ii) or clause (iii), as the case may\nbe, to the Assessing Officer and such trust or institution.\nExplanation.-For the purposes of this sub-section, the following shall mean\n\"specified violation\", -\n(a) where any income derived from property held under trust, wholly or in part\nfor charitable or religious

THE JYOTHI SEVA SOCIETY OF BANGALORE,BANGALORE vs. ASST.C.I.T., BANGALORE

In the result, the assessee's appeal for Assessment Year 2007-08 is allowed

Bench: Shri Vijay Pal Rao & Shri Jason P. Boaz

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

M/S FRANCISCAN SERVICE SOCIETY,BANGALORE vs. DYT,D,I,T,, BANGALORE

In the result, the assessee's appeal for Assessment Year 2011-12 is allowed

Bench: Smt. P. Madhavi Devi & Shri Jason P. Boaz

carry forward of losses was relevant. That, in the case of a charitable trust, there was no provision for carry

M/S KARNATAKA FRANSALIAN SOCIETY,BANGALORE vs. DDIT, BANGALORE

In the result, appeal filed by the assessee is allowed

Bench: Shri. Abraham P. George & Shri. Vijaypal Raoi.T.A No.972/Bang/2015 (Assessment Year : 2011-12) M/S. Karnataka Fransalian Society, “Vinayalaya”, P. B. No.5557, Malleswaram West, Bangalore 560 084 .. Appellant Pan : Aaatk1206E V. Deputy Commissioner Of Income-Tax (Exemption), Circle -17(2), Bangalore .. Respondent Assessee By : Shri. Suresh Muthukrishnan, Ca Revenue By : Shri. Sunil Kumar Agarwala, Jcit Heard On : 16.11.2015 Pronounced On : 18.11.2015 O R D E R Per Abraham P. George:

charitable trust is not assessable under the head profit and gains of the business u/s.28 for which provision the benefit of carry forward loss