M/S.BELIEVERS EASTERN CHURCH,THIRUVALLA vs. THE CIT (EXEMPTION), KOCHI

In the result, all the appeals filed by the assessees stand allowed

Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm

Charitable Trust vs CIT held that family ties among trustees or shared ideology does not imply loss 7 ITA No. 12-15/Coch/2021 Last Hour Ministry & Ors. of independence or violation of statutory provisions. Copy of the Order is enclosed at page 19 of the paperbook. b) Allegation: Income tax returns are incorrect/incomplete Returns