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4 results for “charitable trust”+ Section 12(1)(ba)clear

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Key Topics

Section 12A14Section 1114Section 139(1)9Section 1397Section 143(1)4Exemption4Section 123Section 139(4)3Section 2632

M/S. SUSILA EDUCATIONAL TRUST,,VILLUPURAM vs. ITO (EXEMPTIONS), WARD-1,, CHENNAI

In the result, the appeal filed by the assessee is allowed

ITA 1095/CHNY/2024[2018-19]Status: DisposedITAT Chennai30 Aug 2024AY 2018-19
Section 11Section 12Section 12ASection 139(1)Section 139(4)Section 142(1)Section 143(1)Section 143(2)Section 143(3)Section 270A

trust or institution is\nregistered under section 12AA.”\n4.1 The Id.AR further stated that the CIT(A) interpreted the\nprovision of section 12A(1)(b)(ii) that the assessee for claiming\nexemption u/s.11 has to furnish return of income u/s.139(4A) of the\nAct and the CIT(A) referred the relevant provision as under:-\n“(ii) After clause

PALAM RURAL CENTRE,TIRUPPUR vs. ACIT, EXEMPTIONS,, COIMBATORE

In the result, the appeal filed by the assessee is allowed for statistical purposes and the Stay Application filed by the assessee is dismissed as infructuous

ITA 1560/CHNY/2025[2018-19]Status: DisposedITAT Chennai01 Jul 2025AY 2018-19

Bench: Shri George George K & Shri S.R.Raghunathaआयकर अपील सं./Ita No.:1560/Chny/2025 & S.A.No.51Chny/2025 [Arising In Ita No.: 1560/Chny/2025] िनधा"रण वष" / Assessment Year:2018-19 Palam Rural Centre, The Asst. Commissioner Of Pethampalayam, Vs. Income Tax (Exemptions), Veerapandi S.O., Coimbatore. Tiruppur – 641 605. [Pan: Aaatp-2929-F] (अपीलाथ"/Appellant) (""थ"/Respondent) अपीलाथ" की ओर से/Appellant By : Shri. Edser Raj, Advocate ""थ" की ओर से/Respondent By : Ms. Sita Krishnamoorthy, J.C.I.T.

For Appellant: Shri. Edser Raj, AdvocateFor Respondent: Ms. Sita Krishnamoorthy, J.C.I.T
Section 11Section 12ASection 139

12(1) (ba) of the Act does not arise. No doubt that the assessee has filed his return of income belatedly but he was required to compute his income and the income is below the threshold limit and in this case no tax shall be charged on the entire receipts. We also make it :-4-: ITA No.:1560/Chny/2025 & S.A.No.51Chny/2025

HARI FOUNDATION,COIMBATORE vs. DLC-CA-(211)(1), ACIT EXEMPTIONS, COIMBATORE

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 917/CHNY/2024[2020-21]Status: DisposedITAT Chennai18 Sept 2024AY 2020-21

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.917/Chny/2024 िनधा"रणवष"/Assessment Year: 2020-21 V. Hari Foundation, The Acit (Exemptions), 3-1, Indira Nagar, Coimbatore. Kuniamuthur S.O., Coimbatore-641 035. [Pan: Aabth 2056 A] (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri AG. SathyanarayanaFor Respondent: Shri P. Sajit Kumar, JCIT
Section 11Section 12Section 12ASection 12A(1)(ba)Section 139Section 139(1)Section 139(4)Section 143(1)Section 154

ba) nor in the Budget Memorandum to Finance Bill, 2017, there is any mention about time-line under sec.139(1) or within due date u/s.139(1) has been mentioned. Therefore, according to him, the exemption u/s.11 and 12 ought to have been allowed to the assessee-Foundation on the Returns filed u/s.139, i.e., u/s.139(1) as well

YELCHUR VENKATA KOTAIAH CHARITIES,CHENNAI vs. ITO, EXEMPTION WARD-2, CHENNAI

The appeal stand allowed in terms of our above order

ITA 1543/CHNY/2024[2013-14]Status: DisposedITAT Chennai04 Sept 2024AY 2013-14

Bench: Hon’Ble Shri Aby T. Varkey, Jm & Hon’Ble Shri Manoj Kumar Aggarwal, Am आयकरअपील सं./ Ita No.1543/Chny/2024 (िनधा*रणवष* / Assessment Year: 2013-14) Yelchur Venkata Kotaiah Charities Cit (Exemption) बनाम/ 1, Audiappa Naicken Street, Chennai. Vs. George Town, Chennai-600 001. "थायीलेखासं./जीआइआरसं./Pan/Gir No. Aaaty-0056-C (अपीलाथ"/Appellant) : (" थ" / Respondent) अपीलाथ"कीओरसे/ Appellant By : Shri J. Prabhakar (Fca) -Ld. Ar " थ"कीओरसे/Respondent By : Shri Nilay Baran Som (Cit) -Ld. Dr सुनवाईकीतारीख/Date Of Hearing : 22-08-2024 घोषणाकीतारीख /Date Of Pronouncement : 04-09-2024 आदेश / O R D E R Manoj Kumar Aggarwal ()

For Appellant: Shri J. Prabhakar (FCA) -Ld. ARFor Respondent: Shri Nilay Baran Som (CIT) -Ld. DR
Section 11Section 12ASection 139(1)Section 147Section 148Section 263

charitable trust. Its registration has never been cancelled at any point of time. The assessee has been assessed to Income tax even under the erstwhile provisions of the Income Tax Act 1922. The assessee is filing return of income and granted this exemption since past many decades. The Ld. AR has submitted that the erstwhile provisions of Sec. 12A granted