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

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

45 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur is permitted to set aside/accumulate 15% of its gross receipts/income and it has to mandatorily apply 85% of its gross receipts/income to the charitable objects in India, for which it is established. In connection to the above the appellant would like to invite Your Honours' attention to the following

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

In the result, both appeals of the assessee are dismissed

charitable objective of the trust and generation of profits which are diverted to those funds. 5.3.4 In view of the above discussion and more particularly, considering the advance of loan in violation of section 13(1)(c) and deposit of the amount in violation of section 13(1)(d), I am of the considered view that the trust

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

In the result, both appeals of the assessee are dismissed

charitable objective of the trust and generation of profits which are diverted to those funds. 5.3.4 In view of the above discussion and more particularly, considering the advance of loan in violation of section 13(1)(c) and deposit of the amount in violation of section 13(1)(d), I am of the considered view that the trust

ACIT (EXEMPTIONS), BHUBANESWAR vs. M/S. PEOPLES FORUM, BHUBANESWAR

In the result, the appeal filed by the revenue and cross objections filed

Bench: Shri N.S Sainiassessment Year :2009-2010 Acit (Exemptions), Aayakar Vs. M/S. Peoples Forum, Plot Bhavan, Bhubaneswar. No.Hig 44, Dharma Vihar, Khandagiri, Bhubaneswar Pan/Gir No. Aaatp 2214 R (Appellant) .. ( Respondent)

trust or otherwise to feed charity would not disentitle or negate the claim of engagement in charitable purpose defined under Section 2 15 For the application of Section 2(15) to charitable entity engaged in "any other object of general public utility ", various Hon 'ble Courts have earlier held profit motive' and 'an element of reciprocity in business transactions

M/S. MAHASAKTI FOUNDATION,KALAHANDI vs. ACIT, SAMBALPUR

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

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

45 (SC) Mahila Sidh Nirman Yojna vs. IAC 50 TTJ 494 (Del.) Smt. Basanti Devi and Shri Chakhan Lal Garg Education Trust ITA No. 5082/Del/ 2010 ITO vs. Gaudiya Granth Anuved Trust (2013) 28 ITR 0161 (Agra Trib.) Shankar Bhagwan vs. ITO, 61 ITD 196 (Cal.) 5.3 The ld. D/R for the revenue has submitted that provisions of section 147/148

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE1(1), CUTTACK

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

45,477 4,43,49,39,771 4,13,91,25,528 of the trust (a+b+c+d) (B) Excess application/(Short fall) in 47,49,28,847 76,70,02,487 (7,38,48,052) Application (B-A) The assessee humbly request your goodself to consider the revised computation furnished at this stage and oblige. On a perusal

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

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

45,477 4,43,49,39,771 4,13,91,25,528 of the trust (a+b+c+d) (B) Excess application/(Short fall) in 47,49,28,847 76,70,02,487 (7,38,48,052) Application (B-A) The assessee humbly request your goodself to consider the revised computation furnished at this stage and oblige. On a perusal