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3 results for “penalty u/s 271”+ Charitable Trustclear

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Key Topics

Section 271(1)(c)6Section 44A4Section 12A(1)(b)4Charitable Trust3Exemption3Penalty3Addition to Income3Section 2502Section 142Section 147

RAJAGIRI EDUCATIONAL AND CHARITABLE TRUST,RAJAGIRI,KALAMASSERY vs. ITO EXEMPTION CIRCLE, KOCHI

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

ITA 500/COCH/2025[2012-13]Status: DisposedITAT Cochin14 Aug 2025AY 2012-13

Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm Assessment Year: 2012-13 Rajagiri Educational & Charitable Trust .......... Appellant Rajagiri, Kalamassery 683104 [Pan: Aaatr5410K] Vs. Ito (Exemption Circle), Kochi .......... Respondent Assessee By: Shri C.J. Romid, Ca Revenue By: Smt. Leena Lal, Sr. D.R. Date Of Hearing: 05.08.2025 Date Of Pronouncement: 14.08.2025

For Appellant: Shri C.J. Romid, CAFor Respondent: Smt. Leena Lal, Sr. D.R
Section 147Section 148Section 271(1)(c)

Charitable Trust was issued on 29.03.2019. In response to the notice u/s. 148, the assessee filed return of income declaring Nil income and claimed expenditure of Rs. 28,55,89,443/-. Against the said return of income, the assessment was completed by the National Faceless Assessment Centre (hereinafter called "the AO") vide order dated 23.12.2019 passed u/s

2
Section 1482

SHALOM CHARITABLE MINISTRIES OF INDIA,PALAKKAD vs. ITO (EXEMPTION), THRISSUR

ITA 545/COCH/2025[2011-12]Status: DisposedITAT Cochin10 Sept 2025AY 2011-12

Bench: SHRI INTURI RAMA RAO (Accountant Member), SHRI RAHUL CHAUDHARY (Judicial Member)

For Appellant: NoneFor Respondent: Smt. Leena Lal, Sr. DR
Section 12A(1)(b)Section 14Section 250Section 271(1)(c)Section 44A

trust is envisaged in section 12A(1)(b) of the Act. 4) It is submitted that micro finance activity is only a charitable activity designed in such a way that the poor sections of the society are to be benefited and to be uplifted, especially rural women who do not have substantial income. 5) Be that as it may audit

SHALOM CHARITABLE MINISTRIES OF INDIA,PALAKKAD vs. ITO (EXEMPTION), THRISSUR

ITA 548/COCH/2025[2007-08]Status: DisposedITAT Cochin10 Sept 2025AY 2007-08

Bench: SHRI INTURI RAMA RAO (Accountant Member), SHRI RAHUL CHAUDHARY (Judicial Member)

For Appellant: NoneFor Respondent: Smt. Leena Lal, Sr. DR
Section 12A(1)(b)Section 14Section 250Section 271(1)(c)Section 44A

trust is envisaged in section 12A(1)(b) of the Act. 4) It is submitted that micro finance activity is only a charitable activity designed in such a way that the poor sections of the society are to be benefited and to be uplifted, especially rural women who do not have substantial income. 5) Be that as it may audit