GRAMA VIDYODAYA SANGHA (REGD),MYSURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CPC, BANGALORE
In the result, the appeal filed by the assessee is allowed
ITA 345/BANG/2022[2018-19]Status: DisposedITAT Bangalore06 Sept 2022AY 2018-19
Bench: Shri Chandra Poojari & Shri George George K.Assessment Year: 2018-19
For Appellant: Shri K. Kotresh, A.RFor Respondent: Shri K.R. Narayana, D.R
Section 10Section 11Section 12ASection 12A(2)Section 143(1)Section 234A
1)(a):
Corpus donations received by a trust-SRF Charitable Trust v. Union of India
(1991) 100 CTR (Delhi) 160/(1992) 193 ITR 95(Delhi)
Amount claimed non-taxable in the relevant year-Bank of America NT & S.A. v.
Dy. CIT (1993) 200 ITR 739 (Bom)
Creating tax demand by invoking section 167B