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10 results for “charitable trust”+ Unexplained Moneyclear

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Key Topics

Section 143(3)10Section 139(1)7Section 142(1)6Section 116Section 1325Section 153A5Section 153C5Unexplained Money5Cash Deposit5Section 12A

ST JOSEPHS EDUCATIONAL AND CHARITABLE TRUST,KOTTAYAM vs. INCOMETAX OFFICER(EXEMPTION WARD) KOTTAYAM, KOTTAYAM

In the result, the appeal filed by the assessee stands partly allowed for statistical purposes

ITA 642/COCH/2025[2018-2019]Status: DisposedITAT Cochin31 Oct 2025AY 2018-2019

Bench: Shri Inturi Rama Rao, Am & Shri Anikesh Banerjee, Jm

For Appellant: Shri Romid C.J., CAFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 12ASection 139(1)Section 147Section 148

Charitable Trust the appellant trust filed return of income disclosing Nil income. Against the said return of income, the assessment was completed by the Assessment Unit, Income Tax Department (hereinafter called "the AO") vide order dated 23.03.2023 passed u/s. 147 r.w.s. 144B of the Act at a total income of Rs. 3,35,59,044/-. While doing

4
Addition to Income4
Charitable Trust3

AKAMALA SRI DHARMASASTHA KSHETHARA TRUST,AKAMALA vs. ITO, WARD-2(1), TRICHUR

In the result, the appeals filed by the assessee are allowed for statistical purposes

ITA 390/COCH/2024[2013-2014]Status: DisposedITAT Cochin30 Sept 2024AY 2013-2014

Bench: Shri Waseem Ahmed & Shri Soundararajan K

For Appellant: Sri.K.Kittu, AdvocateFor Respondent: Smt.Girly Albert, Sr.DR
Section 144Section 68ASection 69A

unexplained money u/s.68A of the Act. As against the said order, the assessee filed an appeal before the ld.CIT(A) and the CIT(A) also dismissed the appeal ex parte without granting an adjournment. The assessee challenged the ex parte order before the Tribunal with the following grounds: “1. The appellate order dated 08.03.2024 for the assessment year

AKAMALA SRI DHARMASASTHA KSHETHRA TRUST,AKAMALA vs. ITO, WARD-2, TRICHUR

In the result, the appeals filed by the assessee are allowed for statistical purposes

ITA 391/COCH/2024[2014-2015]Status: DisposedITAT Cochin30 Sept 2024AY 2014-2015

Bench: Shri Waseem Ahmed & Shri Soundararajan K

For Appellant: Sri.K.Kittu, AdvocateFor Respondent: Smt.Girly Albert, Sr.DR
Section 144Section 68ASection 69A

unexplained money u/s.68A of the Act. As against the said order, the assessee filed an appeal before the ld.CIT(A) and the CIT(A) also dismissed the appeal ex parte without granting an adjournment. The assessee challenged the ex parte order before the Tribunal with the following grounds: “1. The appellate order dated 08.03.2024 for the assessment year

SREE NARAYANA PUBLIC,KARUNAGAPALLY vs. INCOME TAX OFFICER, ALAPPUZHA

In the result, the appeal filed by the assessee stands partly allowed

ITA 238/COCH/2025[2017-18]Status: DisposedITAT Cochin30 Apr 2025AY 2017-18

Bench: Shri Inturi Rama Rao, Am Assessment Year: 2017-18 Sree Narayana Public School .......... Appellant Pavumba, P.O., Karunagapplly 690574 [Pan: Aants1510Q] Vs. The Income Tax Officer, Ward - 4, Alappuzha .......... Respondent

For Appellant: Shri R. Krishnan, CAFor Respondent: Smt. Leena Lal, Sr. D.R
Section 10Section 10(23)(iiiad)Section 115BSection 139(1)Section 142(1)Section 2

charitable trust incorporated under the provisions of Trust Act. It was found with the object of running a school. No regular return of income for AY 2017-18 under the provisions of section 139(1) of the Income Tax Act, 1961 (the Act) was filed, However, the Income Tax Officer, Ward-4, Alappuzha (hereinafter called "the AO"), based

SRI.JOSE THOMAS,ADOOR P.O., PATHANAMTHITTA vs. THE ACIT,CEN-CIRCLE, KOTTAYAM

In the result, all the appeals filed by the assessee are dismissed

ITA 212/COCH/2019[2010-11]Status: DisposedITAT Cochin22 May 2025AY 2010-11

Bench: Shri Inturi Rama Rao & Shri Prakash Chand Yadav

For Appellant: Sri.Anil D.Nair, AdvocateFor Respondent: Sri.Sundarasan S, CIT-DR
Section 132Section 143(3)Section 153ASection 153C

money" (9) In other words, an asset which is capable of acquisition at a cost would be Included within the provisions pertaining to the head "Capital gains" as opposed with the acquisition of which no cost at all can be principle propounded in B.C. Srinivasa Shetty (1981) 128 ITR 294 (SC)has been allowed by several High Courts with reference

MRS.GRACY BABU,ADOOR P.O., PATHANAMTHITTA vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, all the appeals filed by the assessee are dismissed

ITA 209/COCH/2019[2010-11]Status: DisposedITAT Cochin22 May 2025AY 2010-11

Bench: Shri Inturi Rama Rao & Shri Prakash Chand Yadav

For Appellant: Sri.Anil D.Nair, AdvocateFor Respondent: Sri.Sundarasan S, CIT-DR
Section 132Section 143(3)Section 153ASection 153C

money" (9) In other words, an asset which is capable of acquisition at a cost would be Included within the provisions pertaining to the head "Capital gains" as opposed with the acquisition of which no cost at all can be principle propounded in B.C. Srinivasa Shetty (1981) 128 ITR 294 (SC)has been allowed by several High Courts with reference

MRS.GRACY BABU,ADOOR P.O., PATHANAMTHITTA vs. THE DCIT, CEN-CIRCLE, KOTTAYAM

In the result, all the appeals filed by the assessee are dismissed

ITA 208/COCH/2019[2009-10]Status: DisposedITAT Cochin22 May 2025AY 2009-10

Bench: Shri Inturi Rama Rao & Shri Prakash Chand Yadav

For Appellant: Sri.Anil D.Nair, AdvocateFor Respondent: Sri.Sundarasan S, CIT-DR
Section 132Section 143(3)Section 153ASection 153C

money" (9) In other words, an asset which is capable of acquisition at a cost would be Included within the provisions pertaining to the head "Capital gains" as opposed with the acquisition of which no cost at all can be principle propounded in B.C. Srinivasa Shetty (1981) 128 ITR 294 (SC)has been allowed by several High Courts with reference

MRS.REENA JOSE,PATHANAMTHITTA vs. THE DCIT, CEN-CIRCLE,, KOTTAYAM

In the result, all the appeals filed by the assessee are dismissed

ITA 207/COCH/2019[2009-10]Status: DisposedITAT Cochin22 May 2025AY 2009-10

Bench: Shri Inturi Rama Rao & Shri Prakash Chand Yadav

For Appellant: Sri.Anil D.Nair, AdvocateFor Respondent: Sri.Sundarasan S, CIT-DR
Section 132Section 143(3)Section 153ASection 153C

money" (9) In other words, an asset which is capable of acquisition at a cost would be Included within the provisions pertaining to the head "Capital gains" as opposed with the acquisition of which no cost at all can be principle propounded in B.C. Srinivasa Shetty (1981) 128 ITR 294 (SC)has been allowed by several High Courts with reference

SRI.JOSE THOMAS,ADOOR P.O., PATHANAMTHITTA vs. THE ACIT,CEN-CIRCLE, KOTTAYAM

In the result, all the appeals filed by the assessee are dismissed

ITA 211/COCH/2019[2009-10]Status: DisposedITAT Cochin22 May 2025AY 2009-10

Bench: Shri Inturi Rama Rao & Shri Prakash Chand Yadav

For Appellant: Sri.Anil D.Nair, AdvocateFor Respondent: Sri.Sundarasan S, CIT-DR
Section 132Section 143(3)Section 153ASection 153C

money" (9) In other words, an asset which is capable of acquisition at a cost would be Included within the provisions pertaining to the head "Capital gains" as opposed with the acquisition of which no cost at all can be principle propounded in B.C. Srinivasa Shetty (1981) 128 ITR 294 (SC)has been allowed by several High Courts with reference

SACRED HEART PUBLIC SCHOOL KOTTAYAM,KOTTAYAM vs. INCOME TAX OFFICER, EXEMPTION WARD, KOTTAYAM, KOTTAYAM

In the result, the appeal and the stay application filed by the assessee stand dismissed

ITA 423/COCH/2025[2017-2018]Status: DisposedITAT Cochin31 Jul 2025AY 2017-2018

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

For Appellant: Shri P.V. Chacko, CAFor Respondent: Smt. Leena Lal, Sr. D.R
Section 11Section 115BSection 12Section 12ASection 139Section 139(1)Section 142(1)Section 144

charitable trust duly registered under the Trust Act. It is also registered u/s. 12A of the Income Tax Act, 1961 (the Act). No regular return of income 2 ITA No. 423/Coch/2025 & SA No. 61/C/2025 Sacred Heart Public School was filed under the provisions of section 139(1) of the Act. The ITO (Exemption), Kottayam (hereinafter called "the AO"), based