RAGIGUDDA SRI PRASANNA ANJANEYA SWAMY BHAKTA MANDALI TRUST,BANGALORE vs. INCOME TAX OFFICER, WARD-2. (EXEMPTION) , BANGALORE
In the result, appeals of the assessee for both the years are partly allowed for statistical purposes
ITA 1082/BANG/2023[2015-16]Status: DisposedITAT Bangalore14 Feb 2025AY 2015-16
Bench: Shri Laxmi Prasad Sahu & Shri Soundarajan K
For Appellant: Shri. Shreehari Kutsa, AdvocateFor Respondent: Shri. Subramanian, JCIT(DR)(ITAT), Bangalore
Section 11Section 11(1)(d)Section 11(2)Section 13Section 139(1)Section 234ASection 250
12A of the Act vide No.Trust/718/10A/Vol/B.II/R-130 dated 02.12.1981 in the status of Charitable Trust. The assessee filed details as sought by the AO.
From the documents, it was noticed that the total gross receipt is Rs.4,57,80,043/- which is inclusive of corpus funds of Rs.50,37,369/-.
Further, on verification of the computation of income