THE ACIT, CEN-CIRCLE, KOTTAYAM vs. SRI.JOSE THOMAS, ADOOR
In the result, the appeals of the assesses in ITA no
ITA 238/COCH/2019[2011-12]Status: DisposedITAT Cochin30 Sept 2019AY 2011-12
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
23,99,250/- has been handed over to the college/trust in those
only and the gross amount of collection solely belonged to the Trust/college. Hence,
the assessment of donation in the hands of trustees was therefore not in order.
6.3 It was submitted that mere receipt of money would not constitute income in
the hands of recipient
