187 results for “charitable trust”+ Section 3(2)clear
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In the result, both the appeals of the Revenue are dismissed
Bench: S/Shri Chandra Poojari, Am & George George K., Jm
charitable in 2 I.T.A. Nos. 327&507/Coch/2019 nature and the second proviso to section 2(15) is applicable and denied exemption u/s. 11 of the I.T. Act. 3. On appeal, the CIT(A) placed reliance on the order of the ITAT, Hyderabad Bench in the case of ITO vs. Kalinga Cultural Trust