PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE-1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

trust had already applied its receipts for charitable purpose, therefore, it is entitled for the exemption available to it. Ld. AR further submitted that in the order, the ld. Pr.CIT himself has admitted that the assessment order is though could be held as erroneous but since the assessee is not liable to tax as it has made the necessary application

DY.CIT(EXP), BHUBANESWAR vs. M/S. ORISSA COMPUTER ACADEMY, BHUBANESWAR

In the result, appeals filed by the revenue and cross objections of the

Bench: S/Shri P.M. Jagtap & C.M. Garg

trust is used or applied for benefit of any persons referred in the Section, hence as mentioned in CIT(A)'s order, some benefit has gone to person specified in Section 13, hence assessee is not eligible for exemption. This also emanates from Section 12AA(4). (8) The appellant craves leave to add, delete, substitute and to amend any ground

ORISSA COMPUTER ACADEMY,BHUBANESWAR vs. DCIT, CIRCLE-1(2), BHUBANESWAR

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

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

226 CTR (Uttarakhand) 582. The Assessing Officer further observed that the provisions of section 13(1)(c) have been violated since substantial amounts have been paid to the founding members as under: Honorarium of Rs.20,34,004/- paid to founders as under: 1. Dr. Bhabani Charan Rath : Rs.10,57,728/- 2. Smt. Sarmistha Rath` : Rs. 3,82,456/- 3

ORISSA COMPUTER ACADEMY,BHUBANESWAR vs. DCIT, CIRCLE-2(1), BHUBANESWAR

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

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

226 CTR (Uttarakhand) 582. The Assessing Officer further observed that the provisions of section 13(1)(c) have been violated since substantial amounts have been paid to the founding members as under: Honorarium of Rs.20,34,004/- paid to founders as under: 1. Dr. Bhabani Charan Rath : Rs.10,57,728/- 2. Smt. Sarmistha Rath` : Rs. 3,82,456/- 3

ORISSA COMPUTER ACADEMY,BHUBANESWAR vs. DCIT, CIRCLE-2(1), BHUBANESWAR

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

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

226 CTR (Uttarakhand) 582. The Assessing Officer further observed that the provisions of section 13(1)(c) have been violated since substantial amounts have been paid to the founding members as under: Honorarium of Rs.20,34,004/- paid to founders as under: 1. Dr. Bhabani Charan Rath : Rs.10,57,728/- 2. Smt. Sarmistha Rath` : Rs. 3,82,456/- 3