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Section 12A6 Section 80G4 Section 12A(1)(ac)2 Charitable Trust2 Exemption2

SIR CV RAMAN EDUCATIONAL AND CHARITABLE TRUST,CHENNAI vs. CIT, EXEMPTIONS,, CHENNAI

In the result, both the appeals of the assessee are allowed

ITA 2941/CHNY/2025[2025-26]Status: DisposedITAT Chennai04 Mar 2026AY 2025-26

Bench: Shri Aby T. Varkey & Ms. Padmavathy. S

For Appellant: Mr.Y. Sridhar, FCAFor Respondent: Mr.Bipin C.N., CIT

Section 12ASection 12A(1)(ac)Section 80G

bogus or non-genuine. Likewise, he explained that the erstwhile trustees had raised loans from their known associates/friends to finance the acquisition of land for educational purposes and it was due to lack of financial resources that the loans could not be repaid nor any interest was paid on such loans. The Ld. AR submitted that, the non-repayment