CARMEL EDUCATIONAL TRUST,PATHANAMTHITTA vs. DCIT,CEN- CIRCLE,, KOTTAYAM
In the result, the appeals of the assesses in ITA no
ITA 310/COCH/2019[2010-11]Status: DisposedITAT Cochin30 Sept 2019AY 2010-11
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
72,750/-
and out of this Rs. 1,23,99,250/- 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
