DCIT (EXEMPTION), GHAZIABAD vs. M/S. DIVYA YOG MANDIR TRUST, HARIDWAR

In the result, appeal filed by the revenue is dismissed

Bench: Shri Sudhanshu Srivastava & Shri O.P. Kantassessment Year: 2013-14 Dcit(Exemptions), Divya Yog Mandir Trust, Room No. 105, 1St Floor, Kripalu Bagh, Cgo-Ii, Vs Kankhal, Kamla Nehru Nagar, Haridwar. Ghaziabad. (Pan: Aaatd1114E) Appellant Respondent Department By: Ms Nidhi Srivastava, C.I.T. Dr Assessee By: Shri Rohti Jain, Advocate Date Of Hearing: 29.07.2019 Date Of Pronouncement: 31.07.2019 O R D E R

section 11, 12A and 12AA of the Act. During the course of assessment proceedings, the Assessing Officer (AO) noted that the assessee trust was allegedly engaged in the business activities through the following business undertakings:- 1. M/s Divya Pharmacy - Manufacturing Ayurvedic medicines 2. M/s Yog Sandesh - Monthly magazine dedicated to Yog and Ayurved 3. M/s Divya Yog Sadhna

DCIT, NEW DELHI vs. M/S. GIAN SAGAR EDUCATIONAL & CHARITABLE TRUST (REGD.), CHANDIGARH

In the result, ITA.No.4692/Del

Bench: Shri Anil Chaturvedi & Shri Anubhav Sharma

Charitable Trust (Regd.), Chandigarh. contribution to corpus fund made by AO by invoking the provisions of section 68 and section 115 BBC of the Act. 2. On the facts and in the circumstances of the case, the CIT (A) has erred in law on facts in deleting the addition of Rs.10,02

GIAN SUGAR EDUCATIONAL AND CHARITABLE TRUST (REGD.),CHANDIGARH vs. DCIT, NEW DELHI

In the result, ITA.No.4692/Del

Bench: Shri Anil Chaturvedi & Shri Anubhav Sharma

Charitable Trust (Regd.), Chandigarh. contribution to corpus fund made by AO by invoking the provisions of section 68 and section 115 BBC of the Act. 2. On the facts and in the circumstances of the case, the CIT (A) has erred in law on facts in deleting the addition of Rs.10,02

SUNSHINE EDUCATIONAL & DEVELOPMENT SOCIETY,NOIDA vs. ADDL. CIT, EXEMPTION, GHAZIABAD

In the result, the appeal filed by the assessee is allowed

Bench: Shri N.K. Billaiya & Shri Amit Shukla

02,090/-. 4 ITA No.4727/Del./2017 5. Now, in the appeal filed before the First Appellate Authority, ld. CIT(A) has gone completely off tangent the issue before him and made various observations and gave remarks which were de hors the issues or the findings of the AO. He proceeded on the premise, whether assessee was entitled for exemption

VOCATIONAL EDUCATION FOUNDATION ,NEW DELHI vs. ACIT, EXEMPTIONS , GHAZIABAD

In the result, all the four appeals filed by the assessee for assessment year

Bench: Shri Kul Bharat & Shri Prashant Maharishi(Through Video Conferencing)

Trust, (para 78 to 83 and 87, 88). f) The Corpus donations received by the Appellant from persons other than students/parents and shown in the Balance sheet of the Appellant, had been wrongly conceived by the said CIT (A) as voluntary donation, without any basis or information on hand, (para 89 to 93). g) That the Appellant has made

VOCATIONAL EDUCATION FOUNDATION ,NEW DELHI vs. ACIT, EXEMPTIONS , GHAZIABAD

In the result, all the four appeals filed by the assessee for assessment year

Bench: Shri Kul Bharat & Shri Prashant Maharishi(Through Video Conferencing)

Trust, (para 78 to 83 and 87, 88). f) The Corpus donations received by the Appellant from persons other than students/parents and shown in the Balance sheet of the Appellant, had been wrongly conceived by the said CIT (A) as voluntary donation, without any basis or information on hand, (para 89 to 93). g) That the Appellant has made

VOCATIONAL EDUCATION FOUNDATION,NEW DELHI vs. JCIT, EXEMPTION RANGE, GHAZIABAD

In the result, all the four appeals filed by the assessee for assessment year

Bench: Shri Kul Bharat & Shri Prashant Maharishi(Through Video Conferencing)

Trust, (para 78 to 83 and 87, 88). f) The Corpus donations received by the Appellant from persons other than students/parents and shown in the Balance sheet of the Appellant, had been wrongly conceived by the said CIT (A) as voluntary donation, without any basis or information on hand, (para 89 to 93). g) That the Appellant has made

VOCATIONAL EDUCATION FOUNDATION ,NEW DELHI vs. ACIT, EXEMPTIONS , GHAZIABAD

In the result, all the four appeals filed by the assessee for assessment year

Bench: Shri Kul Bharat & Shri Prashant Maharishi(Through Video Conferencing)

Trust, (para 78 to 83 and 87, 88). f) The Corpus donations received by the Appellant from persons other than students/parents and shown in the Balance sheet of the Appellant, had been wrongly conceived by the said CIT (A) as voluntary donation, without any basis or information on hand, (para 89 to 93). g) That the Appellant has made

VOCATIONAL EDUCATION FOUNDATION ,NEW DELHI vs. ACIT, EXEMPTIONS , GHAZIABAD

In the result, all the four appeals filed by the assessee for assessment year

Bench: Shri Kul Bharat & Shri Prashant Maharishi(Through Video Conferencing)

Trust, (para 78 to 83 and 87, 88). f) The Corpus donations received by the Appellant from persons other than students/parents and shown in the Balance sheet of the Appellant, had been wrongly conceived by the said CIT (A) as voluntary donation, without any basis or information on hand, (para 89 to 93). g) That the Appellant has made

ACIT, MEERUT vs. M/S. SPACE AGE RESEARCH & TECHNOLOGY FOUNDATION CHARITABLE TRUST, MEERUT

In the result Ground No. 1 and 3 of the appeal of the revenue is allowed and ground No

Bench: Shri H.S.Sidhu & Shri Prashant Maharishiacit, Space Age Research & Vs. Circle-2, Meerut Technology Foundation, Charitable Trust, Railway Road, Meerut Pan: Aabts7321M (Appellant) (Respondent)

charitable or religious institution, any income thereof, if for any period during the previous year- (i) any funds of the trust or institution are invested or deposited after the 28th day of February, 1983, otherwise than in any one or more of the forms or modes specified in sub-section (5) of section 11 ; or (ii) any funds

ADIT (E), NEW DELHI vs. IILM FOUNDATION, NEW DELHI

In the result, the appeal of the assessee is partly allowed and appeals of the Revenue are dismissed

Bench: Shri G.S. Pannu & Shri Amit Shukla(Through Video Conferencing) Assessment Year: 2007-08

02 12 2020 Date of pronouncement: 24 12 2020 O R D E R PER AMIT SHUKLA, JUDICIAL MEMBER: The appeals for the assessment year 2007-08 is a recalled matter in pursuance of consolidated order dated 28.02.2019 passed by the Tribunal in MA Nos. 729 to ITA No. 1142/DEL/2011, 2675/DEL/2013, 2871, 2872/DEL/2014 & 1131/DEL/2016 2 732/Del/2017. The appeal

IILM FOUNDAION,NEW DELHI vs. ADIT (EXEMPTION), NEW DELHI

In the result, the appeal of the assessee is partly allowed and appeals of the Revenue are dismissed

Bench: Shri G.S. Pannu & Shri Amit Shukla(Through Video Conferencing) Assessment Year: 2007-08

02 12 2020 Date of pronouncement: 24 12 2020 O R D E R PER AMIT SHUKLA, JUDICIAL MEMBER: The appeals for the assessment year 2007-08 is a recalled matter in pursuance of consolidated order dated 28.02.2019 passed by the Tribunal in MA Nos. 729 to ITA No. 1142/DEL/2011, 2675/DEL/2013, 2871, 2872/DEL/2014 & 1131/DEL/2016 2 732/Del/2017. The appeal

ADIT(E), NEW DELHI vs. M/S. IILM FOUNDATION, NEW DELHI

In the result, the appeal of the assessee is partly allowed and appeals of the Revenue are dismissed

Bench: Shri G.S. Pannu & Shri Amit Shukla(Through Video Conferencing) Assessment Year: 2007-08

02 12 2020 Date of pronouncement: 24 12 2020 O R D E R PER AMIT SHUKLA, JUDICIAL MEMBER: The appeals for the assessment year 2007-08 is a recalled matter in pursuance of consolidated order dated 28.02.2019 passed by the Tribunal in MA Nos. 729 to ITA No. 1142/DEL/2011, 2675/DEL/2013, 2871, 2872/DEL/2014 & 1131/DEL/2016 2 732/Del/2017. The appeal

ADIT(E), NEW DELHI vs. M/S. IILM FOUNDATION, NEW DELHI

In the result, the appeal of the assessee is partly allowed and appeals of the Revenue are dismissed

Bench: Shri G.S. Pannu & Shri Amit Shukla(Through Video Conferencing) Assessment Year: 2007-08

02 12 2020 Date of pronouncement: 24 12 2020 O R D E R PER AMIT SHUKLA, JUDICIAL MEMBER: The appeals for the assessment year 2007-08 is a recalled matter in pursuance of consolidated order dated 28.02.2019 passed by the Tribunal in MA Nos. 729 to ITA No. 1142/DEL/2011, 2675/DEL/2013, 2871, 2872/DEL/2014 & 1131/DEL/2016 2 732/Del/2017. The appeal

ITO (E), NEW DELHI vs. M/S. IILM FOUNDATION, NEW DELHI

In the result, the appeal of the assessee is partly allowed and appeals of the Revenue are dismissed

Bench: Shri G.S. Pannu & Shri Amit Shukla(Through Video Conferencing) Assessment Year: 2007-08

02 12 2020 Date of pronouncement: 24 12 2020 O R D E R PER AMIT SHUKLA, JUDICIAL MEMBER: The appeals for the assessment year 2007-08 is a recalled matter in pursuance of consolidated order dated 28.02.2019 passed by the Tribunal in MA Nos. 729 to ITA No. 1142/DEL/2011, 2675/DEL/2013, 2871, 2872/DEL/2014 & 1131/DEL/2016 2 732/Del/2017. The appeal

ARTIFICIAL LIMBS MANUFACTURING CORPORATION OF INDIA,KANPUR vs. ASSISSTANT COMMISSIONER OF INCOME TAX,EXEMOPTION CIRCLE, GHAZIABAD , GHAZIABAD

In the result, we are inclined to accept the findings of Ld CIT(A) and AO

Bench: Shri S. Rifaur Rahman & Shri Sudhir Pareek, Judicialmember

02,92,460/-. I find that the AO has computed the allowable accumulation amount on the profit and gains derived from the incidental business of the charitable trust whereas the appellant has computed the same on the gross receipts of the trust. I find that the approach adopted by the AO is as per the provisions of section

ARTIFICIAL LIMBS MANUFACTURING CORPORATION OF INDIA,KANPUR vs. ADDITIONAL COMMISSIONER OF INCOME TAX ,EXEMPTION RANGE , GHAZIABAD

In the result, we are inclined to accept the findings of Ld CIT(A) and AO

Bench: Shri S. Rifaur Rahman & Shri Sudhir Pareek, Judicialmember

02,92,460/-. I find that the AO has computed the allowable accumulation amount on the profit and gains derived from the incidental business of the charitable trust whereas the appellant has computed the same on the gross receipts of the trust. I find that the approach adopted by the AO is as per the provisions of section

DCIT CENTRAL CIRCLE-06, NEW DELHI vs. SANTOSH TRUST, NEW DELHI

charitable activities aims to accomplish.\n2. Submission dated 14.02.2022\nReason for keeping the cash in hand and not depositing the same in bank\naccounts of the trust.\nThe detailed reason can be found from the written submission Dt: 07.07.2021\nin para-V in sub-para (a) to (i) and further explained through the\nsupplementary submission dt: 06.08.2021, also both uploaded