M/S. NABADIGANT EDUCATIONAL TRUST,BHUBANESWAR vs. ITO, WARD-2(1), BHUBANESWAR, BHUBANESWAR

In the result, both appeals of the assessee are dismissed

4. Aggrieved with the order of AO, the assessee carried the matter before the CIT(A) in the first appeal but the was dismissed by observing that the advance of loan is in violation of Section 13(1)(c) of the Act and deposit of the amount is in violation of Section 13(1)(d) of the Act and, therefore

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,BERHAMPUR vs. DCIT, BERHAMPUR CIRCLE, BERHAMPUR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

RONALD EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,BERHAMPUR vs. DCIT, BERHAMPUR CIRCLE, BERHAMPUR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

ROLAND EDUCATIONAL & CHARITABLE TRUST,BERHAMPUR vs. DCIT, BERHAMPUR CIRCLE, BERHAMPUR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

4,83,41,522 application D Surplus/Deficit (1,59,34,478) (1,84,63,954) (79,41,522) (A-C) E Accumulation - - - of 15% (A*15%) F Taxable income (D-E) (1,59,34,478) (1,84,63,954) (79,41,522) From the above details it can be clearly seen that during the captioned AY.s the appellant has applied

M/S. ORISSA CRICKET ASSOCIATION,CUTTACK vs. ACIT, CIRCLE-2(1), CUTTACK

In the result, ITA No.335/CTK/2017 is allowed and ITA

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm Orissa Cricket Association Vs. Cit(Exemptions), Barabati Stadium,Cuttack-753001, Hyderabad Odisha, Pan No. : Aaaao 0319 F & Orissa Cricket Association Vs. Acit, Circle-2(1), Barabati Stadium, Cuttack Cuttack-753001, Odisha Pan No. : Aaaao 0319 F (अपीऱाथी /Appellant) (प्रत्यथी / Respondent) .. निर्धाऩिती की ओर से /Assessee By : Shri S.K.Tulsiyan & D.Das, Ar राजस्व की ओर से /Revenue By : Shri Saad Kidwai, Citdr सुनवाई की तारीख / Date Of Hearing : 12/12/2017 घोषणा की तारीख/Date Of Pronouncement 26/12/2017 आदेश / O R D E R Per Shri N.S.Saini, Am:

charitable purpose" given in section 2(15) continues to remain the same. The provisions of section 13(1) are thus not directly relevant in this regard. On the other hand, the said section begins with the words "Nothing contained in section 11 or section 12 shall operate so as to exclude, from the total income of the previous year

ORISSA OLYMPIC ASSOCIATION,CUTTACK vs. CIT(EXEMPTIONS), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahuassessment Year : 2009-2010

4) of Section 12A of the Act. Sub-section (1) of Section 12AA provides that on receipt of an application for registration of a trust or institution made under clause (a) or (aa) or clause (ab), the Pr. Commissioner or Commissioner shall call for such documents or information from the trust or institution as he thinks necessary in order

M/S. SHIVANI EDUCATIONAL & CHARITABLE TRUST,CUTTACK vs. ACIT, CUTTACK

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

Charitable Trust in the books of accounts. Ld. AO observed that as per annual report of the Shivani Educare Pvt. Ltd., 71.4% of the shareholding of the company was held by trustees of the assessee company. The ld. AO dealt on the various aspects and provisions of Section 13(1) and the judicial decisions and finally assessed the total income

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

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

Section 11(1)(a) reads thus: "11. Income from property held for charitable or religious purposes-(1)(a) Income derived from property held under trust wholly for charitable or religious purposes, to the extent to which such income is applied to such purposes in India: and, where any such income is accumulated or set apart for application to such purposes