DCIT, CIRCLE-1(1)-EXEMPTION, NEW DELHI vs. HAMDARD LABORATORIES (INDIA) , NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Dr. Brr Kumar & Ms. Astha Chandraasstt. Year: 2016-17

12A of the Income Tax Act, 1961 (the “Act”). It e-filed its return for AY 2016-17 on 15.10.2016 disclosing income at ‘nil’ after claiming its entire income as except under section 11 ad 12 of the Act. The case was selected for scrutiny. Statutory notice(s) were issued and served upon the assessee. In response thereto the assessee

RICHMOND EDUCATIONAL SOCIETY,NOIDA vs. DCIT/ACIT CENTRAL CIRCLE, GHAZIABAD, GHAZIABAD

In the result, the appeal of the Assessee is allowed

section 10 of the Act that where a reference,\nunder the first proviso to sub-section (3) of section 143, has been made on or before\nthe 31st March, 2022 by the Assessing Officer for the contravention of certain\nprovisions of clause (23C) of section 10 of the Act, such references shall be dealt with\nin the manner provided under

DAYA NAND PUSHPA DEVI CHARITABLE TRUST,GHAZIABAD vs. ADDL. CIT, GHAZIABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Sunil Kumar Yadavassessment Year : 2010-11

2 or 3(A) of section 11 will not apply in relation to any income of a trust or an institute being profits and gains of business. It doesn't put a restriction that it is applicable to the fourth limbs i.e. object of any public utility. The concession granted in 11 (4A) is restricted to the business which

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.

depreciation is included, it would be more than 85% receipts applied by the assessee- society for charitable purposes. The claim of assessee-society is supported by the decision of Hon’ble Supreme Court in the case of CIT vs. Rajasthan and Gujarati Charitable Foundation 21 ITA.No.4944 & 4430/Del./2012 The Scientific and Educational Advancement Society, Gurgaon. Poona (supra

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.

depreciation is included, it would be more than 85% receipts applied by the assessee- society for charitable purposes. The claim of assessee-society is supported by the decision of Hon’ble Supreme Court in the case of CIT vs. Rajasthan and Gujarati Charitable Foundation 21 ITA.No.4944 & 4430/Del./2012 The Scientific and Educational Advancement Society, Gurgaon. Poona (supra

ACIT(E), NEW DELHI vs. INDIA INTERNATIONAL CENTRE, NEW DELHI

In the result, this appeal of Revenue is dismissed

Bench: Shri Amit Shukla & Shri Anadee Nath Misshra

depreciation was to be allowed only on the value of assets acquired Page 2 of 21 ITA No.- 5191/Del/2016 India International Centre. during the year under consideration. The assessee filed appeal before Ld. CIT(A) against the aforesaid Assessment Order. The Ld. CIT(A) followed the order of his predecessor for Assessment Year 2011-12 and held in his appellate

ACIT(E)- CIRCLE- 1(1), NEW DELHI vs. INDIA HABITAT CENTRE , NEW DELHI

In the result, appeal of Revenue dismissed

Bench: Shri Bhavnesh Saini & Shri B.R.R. Kumar

depreciation to assessee-society, computed the net taxable income at Rs.4,61,15,838/-. 4. The assessee-society challenged the assessment order before the Ld. CIT(A) and explained that activities of the assessee-society can be examined under all the limbs of Section 2(15) of the Income Tax Act, 1961 to show that activities of the assessee-society

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)

12A of the Income Tax Act (hereinafter referred to as 'Act'). For this reason, in the previous year to the year with which we are concerned and in which year the depreciation was claimed, the entire expenditure incurred for acquisition of capital assets was treated as application of income for charitable purposes under Section

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)

12A of the Income Tax Act (hereinafter referred to as 'Act'). For this reason, in the previous year to the year with which we are concerned and in which year the depreciation was claimed, the entire expenditure incurred for acquisition of capital assets was treated as application of income for charitable purposes under Section

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)

12A of the Income Tax Act (hereinafter referred to as 'Act'). For this reason, in the previous year to the year with which we are concerned and in which year the depreciation was claimed, the entire expenditure incurred for acquisition of capital assets was treated as application of income for charitable purposes under Section

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)

12A of the Income Tax Act (hereinafter referred to as 'Act'). For this reason, in the previous year to the year with which we are concerned and in which year the depreciation was claimed, the entire expenditure incurred for acquisition of capital assets was treated as application of income for charitable purposes under Section

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)

12A of the Income Tax Act (hereinafter referred to as 'Act'). For this reason, in the previous year to the year with which we are concerned and in which year the depreciation was claimed, the entire expenditure incurred for acquisition of capital assets was treated as application of income for charitable purposes under Section

PHD CHAMBER OF COMMERCE & INDUSTRY vs. DIRECTOR OF INCOME TAX -EXEMPTIONS

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

2. In making the assessments for the years under appeal, the Assessing Officer for the first time denied the assessee's claim for exemption of its income under Section 11 ITANo.368-369/2012 Page 1 of 17 Signing Date:07.09.2024 17:11:16 Certify that the digital and physical file have been compared and the digital data is as per the physical

PHD CHAMBER OF COMMERCE & INDUSTRY vs. DIRECTOR OF INCOME TAX - EXEMPTIONS

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

2. In making the assessments for the years under appeal, the Assessing Officer for the first time denied the assessee's claim for exemption of its income under Section 11 ITANo.368-369/2012 Page 1 of 17 Signing Date:07.09.2024 17:11:16 Certify that the digital and physical file have been compared and the digital data is as per the physical

DIRECTOR OF INCOME TAX (EXEMPTION) vs. CHARANJIV CHARITABLE TRUST

In the result both aspects of the first substantial question of law

Bench: It, Two By The Assessee Relating To The Assessment Years 2006-07 & 2007-08 & One By The Revenue Relating To The Assessment Year 2006-07. In Other Words, In Respect Of The Assessment Year 2006-07, There Were Cross- 2014:Dhc:1467-Db

12A of the Act on 28.05.1976. In respect of the assessment year 2006-07, it filed a return of income declaring Rs.Nil as its income. On 31.10.2006 this return was processed under Section 143(1). Subsequently a scrutiny of the return was initiated and notices under Sections 142(1) and 143(2) were issued. A sum of Rs.8

M/S. ALL INDIA FINE ARTS & CRAFTS SOCIETY,NEW DELHI vs. ADIT (E), NEW DELHI

The appeals of the assessee stand allowed

Bench: Shri R.K.Panda & Shri Sudhanshu Srivastava

12A of the Act and thus eligible to exemptions under section 11 and 12. 7. That the explanations filed and the materials available on records have not been properly considered and legally interpreted. The addition made cannot be justified with the material on record. Such action of (All India Fine Arts & Crafts Society) assessing authority is in violation of rules

M/S. ALL INDIA FINE ARTS & CRAFTS SOCIETY,NEW DELHI vs. ADIT (E), NEW DELHI

The appeals of the assessee stand allowed

Bench: Shri R.K.Panda & Shri Sudhanshu Srivastava

12A of the Act and thus eligible to exemptions under section 11 and 12. 7. That the explanations filed and the materials available on records have not been properly considered and legally interpreted. The addition made cannot be justified with the material on record. Such action of (All India Fine Arts & Crafts Society) assessing authority is in violation of rules

ITO (EXEMPTIONS), NEW DELHI vs. M/S. INSTITUTE OF MARKETING & MANAGEMENT, NEW DELHI

In the result, the appeal for the assessment year 2010-11 is dismissed

Bench: Shri Amit Shukla & Shri O.P. Kant

12A have to be complied with. The assessee society has duly complied with these conditions. Its activities are educational and as such, it is eligible for exemption under section 11 of the Act. Thus, the CIT(A) was correct in holding that these allegations cannot be the basis for denying exemption under Section 11 of the Act.” 11.1 Thus, respectfully