BHAGWANT SINGH CHARITABLE TRUST,NEW DELHI vs. ACIT(EXEMPTION), CIRCLE-1(1), NEW DELHI

In the result, the appeal of the assessee is dismissed

Bench: Sh. Saktijit Deydr. B. R. R. Kumar

11 Bhagwant Singh Charitable Trust “Section 2(15) of the Income-tax Act, 1961 - Charitable purpose (Proviso to section 2

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

2(15). Section 12 of the Act clearly provides that any voluntary contribution received by a trust wholly for charitable or religious purpose, then for the purpose of Section 11

ACIT, GURGAON vs. M/S. THE SCIENTIFIC & EDUCATIONAL ADVANCEMENT SOCIETY, GURGAON

In the result, Appeal of the Assessee is allowed

Bench: Shri Bhavnesh Saini, J.M. & Shri L.P. Sahu, A.M.

charitable purpose under section 11(1A) read with section 11(2) by setting aside the proceeds from the sale of Dhorka Land for the purpose of acquiring other capital assets being land to be held under Trust

M/S. SCIENTIFIC AND EDUCATIONAL ADVANCEMENT SOCIETY,NEW DELHI vs. ITO, GURGAON

In the result, Appeal of the Assessee is allowed

Bench: Shri Bhavnesh Saini, J.M. & Shri L.P. Sahu, A.M.

charitable purpose under section 11(1A) read with section 11(2) by setting aside the proceeds from the sale of Dhorka Land for the purpose of acquiring other capital assets being land to be held under Trust

DIRECTOR OF INCOME TAX (EXEMPTION) vs. M/S BAGRI FOUNDATION

Charitable Trust [1995] 216 ITR 697 (SC). The Supreme Court explained the scheme of Section 11 (1)(a) and Section 11(2

M/S. MUSSOORIE DEHRADUN DEVELOPMENT AUTHORITY,DEHRADUN vs. CIT, DEHRADUN

In the result we dismiss the appeal of the assessee

Bench: Shri S.K. Yadav & Shri Prashant Maharishiassessment Year:

2(15) carries on business which is held in trust for the charitable purpose, income from such business would not be exempt by reason of section 13(1 )(bb) and section 11

MOOL CHAND KHAIRATI RAM TRUST vs. DIRECTOR OF INCOME TAX (EXEMPTIONS)

The appeal is disposed of

Trust. He stated that in the present case, it was not disputed that the activities of the Assessee fell within the scope of charitable purposes as defined under section 2(15) of the Act, however, this was not sufficient for availing exemption under Section 11

CONFRERE EDUCATIONAL SOCIETY,NOIDA vs. ITO (EXEMPTION), NOIDA

In the result, the appeal of the assessee is allowed

Bench: Sh. Anil Chaturvedi & Sh. Anubhav Sharma

2(15). Section 12 of the Act clearly provides that any voluntary contribution received by a trust wholly for charitable or religious purpose, then for the purpose of Section 11

INCOME TAX OFFICER(E) WARD- 2(4), NEW DELHI, CIVIC CENTRE NEW DELHI vs. PRAKASH SEWA TRUST, PASCHIM VIHAR

In the result, the appeal of the Revenue is dismissed

charitable trust as inter trust\ndonation is valid \"application of income\" in hands of transferor /donor trust. In\nthis decision important reference is made to a) explanation to section 11(2

DCIT (EXEMPTION), GHAZIABAD vs. OM CHARITABLE TRUST, MEERUT

In the result, Cross Objection of the assessee is allowed for statistical purposes

Bench: Shri Bhavnesh Saini & Shri O.P. Kantassessment Year: 2011-12

section 11(5)(x) of the I.T. Act. 2. 85% or more of the receipts of the trust have not been applied to charitable

PATANJALI YOGPEETH (NYAS),DELHI vs. ADIT(EXEMPTION), NEW DELHI

Appeal is allowed

Bench: Shri I.C. Sudhir & Shri L. P. Sahu

trust/ institution carry on commercial activities in the nature of business, trade or commerce. The legislative intent behind introduction of the aforesaid proviso in the definition of “charitable purpose” in section 2(15) of the Act can be gathered from the Central Board of Direct Taxes (CBDT) Circular No. 11

COMMISSIONER OF INCOME TAX vs. MEHTA CHARITABLE PRAJNALAY TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

11, the words “property held under trust” “includes a business undertaking so held”. Sub-section (4A) as it stands amended by the Finance (No.2) Act, 1991 w. e. f. 01.04.1992 is in the following terms: - “(4A) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation to any income

COMMISSIONER OF INCOME TAX vs. MEHTA CHARITABLE PRAJNALAY TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

11, the words "property held under trust" "includes a business undertaking so held". Sub-section (4A) as it stands amended by the Fintnce (No.2) Act, 1991 w. e. f 01.04.1992 is in the following terms: - "(4.4) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation 10 any income

CIT vs. MEHTA CHARITABLE PRAJNALAYA TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

Bench: HON'BLE MR. JUSTICE S. RAVINDRA BHAT,HON'BLE MR. JUSTICE R.V.EASWAR

11, the words "property held under trust" "includes a business undertaking so held". Sub-section (4A) as it stands amended by the Fintnce (No.2) Act, 1991 w. e. f 01.04.1992 is in the following terms: - "(4.4) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation 10 any income

DIRECTOR OF INCOME TAX EXEMPTIONS vs. MEHTA CHARITABLE PRAJNALAY TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

Bench: HON'BLE MR. JUSTICE S. RAVINDRA BHAT,HON'BLE MR. JUSTICE R.V.EASWAR

11, the words "property held under trust" "includes a business undertaking so held". Sub-section (4A) as it stands amended by the Fintnce (No.2) Act, 1991 w. e. f 01.04.1992 is in the following terms: - "(4.4) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation 10 any income

CIT vs. MEHTA CHARITABLE PRAJNALAYA TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

Bench: HON'BLE MR. JUSTICE S. RAVINDRA BHAT,HON'BLE MR. JUSTICE R.V.EASWAR

11, the words "property held under trust" "includes a business undertaking so held". Sub-section (4A) as it stands amended by the Fintnce (No.2) Act, 1991 w. e. f 01.04.1992 is in the following terms: - "(4.4) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation 10 any income

CIT vs. MEHTA CHARITABLE PRAJNALAYA TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

11, the words "property held under trust" "includes a business undertaking so held". Sub-section (4A) as it stands amended by the Fintnce (No.2) Act, 1991 w. e. f 01.04.1992 is in the following terms: - "(4.4) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation 10 any income

CIT vs. MEHTA CHARITABLE PRAJNALAYA TRUST

Inasmuch as all that is required is for the settler of the trust to declare that the

11, the words "property held under trust" "includes a business undertaking so held". Sub-section (4A) as it stands amended by the Fintnce (No.2) Act, 1991 w. e. f 01.04.1992 is in the following terms: - "(4.4) Sub-section (1) or sub-section (2) or sub-section (3) or sub- section (3A) shall not apply in relation 10 any income