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5 results for “charitable trust”+ Section 80G(5)(iv)clear

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Key Topics

Section 80G29Section 80G(5)21Exemption5Section 12A(1)(ac)4Section 80G(5)(iv)3Section 12A2Section 802Limitation/Time-bar2

SANATANA DHARMA EDUCATIONAL AND CULTURAL SOCIETY,ALAPPUZHA vs. THE COMMISSIONER OF INCOME TAX (EXEMPTION), KOCHI, KOCHI

In the result, appeal of the assessee is allowed for statistical purpose

ITA 278/COCH/2024[2024-25]Status: DisposedITAT Cochin25 Sept 2024AY 2024-25

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

For Respondent: Shri Dr. S. Pandian, CIT-DR
Section 12A(1)(ac)Section 80GSection 80G(5)

80G. (1) In computing the total income of an assessee, there shall be deducted, in accordance with and subject to the provisions of this section,— (i) … (ii) ….. (2) The sums referred to in sub-section (1) shall be the following, namely :— 6 ITA.Nos.278 & 279/COCH./2024 (a) …….. (b) ………….. (c) ………………… (d)…………. (4) ………………………. (5) This section applies to donations to any institution

SANATANA DHARMA VIDYASALA,ALAPPUZHA vs. THE COMMISSIONER OF INCOME TAX (EXEMPTION), KOCHI, KOCHI

In the result, appeal of the assessee is allowed for statistical purpose

ITA 279/COCH/2024[2024-25]Status: DisposedITAT Cochin25 Sept 2024AY 2024-25

Bench: Shri Satbeer Singh Godara & Shri Amarjit Singh

For Respondent: Shri Dr. S. Pandian, CIT-DR
Section 12A(1)(ac)Section 80GSection 80G(5)

80G. (1) In computing the total income of an assessee, there shall be deducted, in accordance with and subject to the provisions of this section,— (i) … (ii) ….. (2) The sums referred to in sub-section (1) shall be the following, namely :— 6 ITA.Nos.278 & 279/COCH./2024 (a) …….. (b) ………….. (c) ………………… (d)…………. (4) ………………………. (5) This section applies to donations to any institution

GAJANANA CHARITABLE TRUST,KANHANGAD vs. CIT(EXEMPTION), KOCHI

In the result, the appeal filed by the assessee is allowed

ITA 354/COCH/2024[2024-2025]Status: DisposedITAT Cochin27 Sept 2024AY 2024-2025

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Gajanana Charitable Trust Cit (Exemption) 2Nd/686, Gajanana Aayakar Bhaval Opp. Head Post Office Vs. Old Rly Station Road Hosdurg, Kanhangad 671315 Ernakulam 682018 [Pan: Aabtg6555F] (Appellant) (Respondent)

For Appellant: Shri K. Suresh Kumar Varma, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 80Section 80GSection 80G(5)Section 80G(5)(iv)

iv) of the Act. Subsequently the assessee has applied for permanent registration in Form 10AB 2 Gajanana Charitable Trust under clause (iii) to sub-section (5) of section 80G

SRI BHUVANENDRA EDUCATION TRUST,KANHANGAD vs. CIT(EXEMPTION), KOCHI

In the result, the appeal filed by the assessee is allowed

ITA 352/COCH/2024[2024-2025]Status: DisposedITAT Cochin27 Sept 2024AY 2024-2025

Bench: Shri Waseem Ahmed & Shri Soundararajan K.Sri Bhuvanendra Education Trust Cit (Exemption) 2Nd/686, Gajanana Aayakar Bhaval Opp. Head Post Office Vs. Old Rly Station Road Hosdurg, Kanhangad 671315 Ernakulam 682018 [Pan: Aakts8046E] (Appellant) (Respondent)

For Appellant: Shri K. Suresh Kumar Varma, CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 5Section 80Section 80GSection 80G(5)

trust, which had registered on 29-11-2001 and commenced its activities from 2001, therefore, it is impossible to file the application u/s 80G(5) (iii) of the Act, "within six months of commencement of its activities' as stated in above clause (iii) of 3rd proviso of section 80G(5) of the Act. Besides, as per circular No. 8/2022

JETHRO REHABILITATION TRUST,PALAKKAD vs. THE COMMISSIONER OF INCOME TAX (EXEMPTION), KOCHI

In the result, the assessee’s appeal is allowed

ITA 962/COCH/2022[2022-23]Status: DisposedITAT Cochin30 May 2024AY 2022-23

Bench: Shri Sanjay Arora & Ms. Kavitha Rajagopaljethro Rehabilitation Trust Commissioner Of Income Tax Maniyakkara House (Exemption), Kochi Vadakarapathy Vill, Devarayan Vs. [Pan:Aactj6468M] Kottai, Menonpara Post Palakkad 678556 (Appellant) (Respondent)

For Appellant: Shri Sherry S. Oommen, AdvocateFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 12ASection 80G(5)Section 80G(5)(iv)

section 80G(5) of the Income Tax Act, 1961 (‘the Act’) thereto by the Principal Commissioner of Income Tax, Kochi (Pr. CIT), vide his Order dated 21.09.2022. 2. At the outset, it was, taking us through the impugned order, explained by Shri Oommen, the learned counsel for the assessee, that the same is premised on the notion of the approval