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4 results for “charitable trust”+ Section 44Aclear

Sorted by relevance

Delhi6Bangalore4Mumbai4Cuttack1Telangana1

Key Topics

Section 1111Section 2(15)6Section 143(3)5Exemption4Deduction4Set Off of Losses3Carry Forward of Losses3Section 11(1)(a)2Charitable Trust2

DCIT, UDUPI vs. M/S MANIPAL ACADEMY OF HIGHER EDUCATION, MANIPAL

In the result, the appeal of the revenue is dismissed

ITA 658/BANG/2014[2011-12]Status: DisposedITAT Bangalore24 Jul 2015AY 2011-12

Bench: Shri Vijay Pal Rao & Shri Jason P Boaz

For Appellant: Shri Sajjan Kumar Tulsiyan, AdvocateFor Respondent: Shri Farhat Hussain Qureshi, CIT-II
Section 268A

Charitable Trust, Bangalore in ITA No.676(B)/2014 and submitted that the Tribunal after considering the judgment of the Hon’ble Kerala High Court in case of Lissie Medical Institutions (Supra) has decided this issue in favour of assessee. 11. We have heard the rival submissions as well as relevant material on record. So far as the facts relating

DEPUTY DIRECTOR OF INCOME TAX (EXEMPTION), BANGALORE vs. OHIO UNIVERSITY CHRIST COLLEGE ACADEMY FOR MANAGEMENT EDUCATION, BANGALORE

In the result, Revenue’s appeals for both Assessment Years 2008-09 and 2009-10 are dismissed

ITA 1075/BANG/2014[2008-09]Status: DisposedITAT Bangalore09 Oct 2015AY 2008-09
For Appellant: Dr.P.K. Srihari, Addl. CIT (D.R.)For Respondent: Shri K.R. Vasudevan, Advocate
Section 11Section 12ASection 143(1)Section 143(3)

Section 11 of the Act even though the amounts were disbursed by the Trust after the accounting year. Further, the amounts debited to the income and expenditure account but which were not actually disbursed were shown as liabilities in the balance sheet. The Hon'ble Andhra Pradesh High Court which upholding the decision of the Hyderabad Bench of the Tribunal

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE-1, BENGALURU vs. KARNATAKA INDUSTRIAL AREAS DEVELOPMENT BOARD, BENGALURU

In the result, both the appeals filed by revenue are dismissed

ITA 577/BANG/2021[2009-10]Status: DisposedITAT Bangalore05 Jan 2022AY 2009-10

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri
Section 11Section 11(1)(a)Section 143(3)Section 2(15)

section 11(1)(a) takes place in the year in which the income is adjusted to meet the expenses incurred for charitable or religious purpose. Hence even if the expenses for such purposes have been incurred in the earlier years and the said expenses are adjusted against the income of a subsequent year, the income of such subsequent year

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS), CIRCLE-1, BENGALURU vs. KARNATAKA INDUSTRIAL AREAS DEVELOPMENT BOARD, BENGALURU

In the result, both the appeals filed by revenue are dismissed

ITA 578/BANG/2021[2010-11]Status: DisposedITAT Bangalore05 Jan 2022AY 2010-11

Bench: Shri. Chandra Poojari & Smt. Beena Pillai

For Appellant: Shri
Section 11Section 11(1)(a)Section 143(3)Section 2(15)

section 11(1)(a) takes place in the year in which the income is adjusted to meet the expenses incurred for charitable or religious purpose. Hence even if the expenses for such purposes have been incurred in the earlier years and the said expenses are adjusted against the income of a subsequent year, the income of such subsequent year