DCIT (EXEMPTIONS), BHUBANESWAR vs. M/S. S.M.CHARITABLE EDUCATIONAL TRUST, BHUBANESWAR
In the result, appeals of the revenue are dismissed
ITA 432/CTK/2017[2011-12]Status: DisposedITAT Cuttack28 Aug 2018AY 2011-12
Bench: S/Shri N.S Saini & Pavan Kumar Gadale
For Appellant: Sri Bibekananda Mohanty, ARFor Respondent: Shri A.K.Mohapatra, CIT DR
Section 11Section 11(3)Section 12ASection 13Section 13(1)Section 13(1)(c)Section 143(2)Section 143(3)
properties and misapplication of trust money for the personal benefit is everywhere in evidence. The trust is clearly hit by the express provisions of section 13 and ineligible for exemption."
4. Being arrived, the appellant filed appeal against the impugned order of assessment. In the course of appellate proceedings, the Ld. AR produced the written submission substantiating the grounds
