M/S AVM CHARITIES,CHENNAI vs. ITO, EXEMPTIONS WARD-1, CHENNAI
In the result, appeals filed by the assessee for AYs 2012-13 to 2014-15 are allowed and appeals filed by the assessee for AYs 2015-16 to 2018-19 are partly allowed
ITA 1635/CHNY/2023[2015-16]Status: DisposedITAT Chennai27 Mar 2024AY 2015-16
Bench: Shri V. Durga Rao, Hon’Ble & Shri Manjunatha. G, Hon’Ble
For Appellant: Shri B. Ramakrishna, FCA &For Respondent: Shri V. Nandakumar, CIT
Section 11Section 11(4)Section 13(1)(c)Section 147Section 164(2)
charitable in nature and further, running
of Kalyanamandapam is incidental to the attainment of main objects and
is covered by u/s.11(4) of the Act, but facts are that the Trust violates
provisions of Sec.13(1)(c) of the Act, and thus, the benefit of exemption
u/s.11 of the Act, cannot be allowed. Therefore, the CIT(A) upheld the
findings
