MAGADI PLANNING AUTHORITY ,RAMNAGAR vs. INCOME TAX OFFICER, EXEMPTION, WARD-3, , BANGALORE

In the result appeal of the assessee is hereby allowed

260A\nwas still pending before the Hon'ble High Court of Karnataka. As a result,\nthe AO denied the Assessee's claim for exemption under Section 11 of\nthe Act. Accordingly, the total taxable income of the Assessee was\ncomputed at ₹6,75,85,251/- by the AO.\n\n8.\nThe aggrieved assessee preferred an appeal before the National\nFaceless

MAGADI PLANNING AUTHORITY,RAMNAGAR vs. INCOME TAX OFFICER, WARD-1, RAMNAGAR

Trust or the\nthe assessment proceedings are pending, "summary": { "facts": "The assessee, a town planning authority, claimed exemption under Section 10(20) of the Income Tax Act for its activities. The AO disallowed the claim, treating its fee-earning activities as business. The assessee argued it was a statutory body for public welfare and its activities were charitable.", "held

M/S SAMBHAV INSTITUTIONS (INDIA) PRIVATE LIMITED ,BANGALORE vs. INCOME TAX OFFICER WARD-12(2), BANGALORE

In the result, all the three appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Arun Kumar Garodia & Shri Pavan Kumar Gadale

Charitable to serve the society by providing education to public etc.,. Given this, it is submitted that the main objects of the Assessee included wide variety of subjects principally concerned with education. This could be done independently or by acting as trustee of a Trust. Reliance in this regard is placed on following rulings: - CIT vs. Gujarat Ports Infrastructure

M/S SAMBHAV INSTITUTIONS (INDIA) PRIVATE LIMITED , BANGALORE vs. INCOME TAX OFFICER WARD-12(2), BANGALORE

In the result, all the three appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Arun Kumar Garodia & Shri Pavan Kumar Gadale

Charitable to serve the society by providing education to public etc.,. Given this, it is submitted that the main objects of the Assessee included wide variety of subjects principally concerned with education. This could be done independently or by acting as trustee of a Trust. Reliance in this regard is placed on following rulings: - CIT vs. Gujarat Ports Infrastructure

M/S SAMBHAV INSTITUTIONS (INDIA) PRIVATE LIMITED ,BANGALORE vs. INCOME TAX OFFICER WARD-12(2), BANGALORE

In the result, all the three appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Arun Kumar Garodia & Shri Pavan Kumar Gadale

Charitable to serve the society by providing education to public etc.,. Given this, it is submitted that the main objects of the Assessee included wide variety of subjects principally concerned with education. This could be done independently or by acting as trustee of a Trust. Reliance in this regard is placed on following rulings: - CIT vs. Gujarat Ports Infrastructure

SRI. M. NAGARAJA,MYSORE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE- 2(1), MYSORE

In the result, appeal of the assessee is dismissed

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year : 1999-2000

260A 14.12.2012 of the Act, was passed by AO determining income of Rs. 52,07,190/- ITAT dismissed the appeal of the assessee which was filed 22.08.2014 against the order of CIT u/s 263 and against the order u/s 154 of the Act dt. 11.11.2003 Assessee filed ITA before the Hon'ble Court which was 22.03.2016 withdrawn by the assessee

ASSISTANT COMMISSIONER OF INCOME TAX(EXEMPTIONS), CIRCLE-1, BENGALURU vs. BANGALORE DEVELOPMENT AUTHORITY, BENGALURU

In the result, all the three appeals filed by the revenue are dismissed

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

ASSISTANT COMMISSIONER OF INCOME TAX, (EXEMPTIONS)CIRCLE-1, BENGALURU vs. BANGALORE DEVELOPMENT AUTHORITY, BENGALURU

In the result, all the three appeals filed by the revenue are dismissed

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

ASSISTANT COMMISSIONER OF INCOME TAX, (EXEMPTIONS), CIRCLE-1, BENGALURU vs. BANGALORE DEVELOPMENT AUTHORITY, BENGALURU

In the result, all the three appeals filed by the revenue are dismissed

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

DCIT, BANGALORE vs. SRI. ADICHUNCHANAGIRI SHIKSHANA TRUST, MANDYA

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

Bench: Smt Asha Vijayaraghavan & Shri Abraham P George

charitable trust enjoying registration u/s 12A of the IT Act. For the impugned assessment year, the assessee had a gross receipt of Rs.143.49 Crores. Having spent Rs.120.12 Crores towards the objectives of the trust, the assessee had a surplus of Rs.23.36 Crores which was set off, as permitted u/s 11 of the Act, against investment made in infrastructural facilities. Thus

MAGADI PLANNING AUTHORITY ,RAMNAGAR vs. INCOME TAX OFFICER, EXEMPTION, WARD-3, BANGALORE

In the result, all the four appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

MAGADI PLANNING AUTHORITY ,RAMNAGAR vs. INCOME TAX OFFICER, WARD-3 , BANGALORE

In the result, all the four appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

MAGADI PLANNING AUTHORITY ,RAMNAGAR vs. INCOME TAX OFFICER(EXEMPTION), WARD-3, BANGALORE

In the result, all the four appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

MAGADI PLANNING AUTHORITY ,RAMNAGAR vs. INCOME TAX OFFICER, EXEMPTION, WARD-3, BANGALORE

In the result, all the four appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K.

Trust Vs. CIT, Bhatirda (41 Taxmann.com 403) (ITAT - Amritsar). 10. In view of the aforesaid decision of the Tribunal, we are of the view that the assessee's activities have to be regarded as charitable in nature. The facts and circumstances under which the Tribunal decided the aforesaid issue and the basis of the conclusions

ASSISTANT COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.GMR HYDERABAD INTERNATIONAL AIRPORT LTD.,, BANGALORE

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

260A of the I.T.Act, the Hon’ble High Court had affirmed the order of the ITAT (The High Court judgment dated 14th December, 2021in ITA No.513/2008 & Ors.). 5.2 The learned DR supported the orders of the Income Tax Authorities. 5.3 We have heard rival submissions and perused the material on record. The assessee has raised an alternate plea that

M/S. GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, BANGALORE

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

260A of the I.T.Act, the Hon’ble High Court had affirmed the order of the ITAT (The High Court judgment dated 14th December, 2021in ITA No.513/2008 & Ors.). 5.2 The learned DR supported the orders of the Income Tax Authorities. 5.3 We have heard rival submissions and perused the material on record. The assessee has raised an alternate plea that

M/S.GMR HYDERABAD INTERNATIONAL AIRPORT LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, BANGALORE

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

260A of the I.T.Act, the Hon’ble High Court had affirmed the order of the ITAT (The High Court judgment dated 14th December, 2021in ITA No.513/2008 & Ors.). 5.2 The learned DR supported the orders of the Income Tax Authorities. 5.3 We have heard rival submissions and perused the material on record. The assessee has raised an alternate plea that

M/S. GMS HYDERABAD INTERNATIONAL AIRPORT LIMITED,,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, BANGALORE

Bench: Shri George George K, Jm & Ms.Padmavathy S, Am

260A of the I.T.Act, the Hon’ble High Court had affirmed the order of the ITAT (The High Court judgment dated 14th December, 2021in ITA No.513/2008 & Ors.). 5.2 The learned DR supported the orders of the Income Tax Authorities. 5.3 We have heard rival submissions and perused the material on record. The assessee has raised an alternate plea that

ASSISTANT COMMISSIONER OF INCOME-TAX, BANGALORE vs. M/S.CHILDREN'S EDUCATION SOCIETY, BANGALORE

In the result, the appeal of the assessee is allowed in the terms indicated above and the appeal of the revenue for A

Bench: Shri A. K. Garodia & Shri Pavan Kumar Gadale

section 10[23C][iiiab] of the Act, which indicates that the educational activity is not tainted with commercial activity as alleged by the learned A.O. and at any rate notwithstanding even in extreme case, if it is to be assumed that the contributions received are in violation of the Act, they are only in respect of some institutions and since