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2 results for “charitable trust”+ Section 201(1)clear

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Key Topics

Section 143(1)5Section 113Exemption2Addition to Income2

S.B. BHATTACHARJEE MEMORIAL TRUST FOR CHILDREN EDUCATION ,DIGBOI vs. ACIT, CIRCLE-1, DIBRUGARH, DIBRUGARH

In the result, the appeal of the assessee is allowed

ITA 245/GTY/2024[2022-23]Status: DisposedITAT Guwahati09 May 2025AY 2022-23

Bench: Shri Manomohan Das & Shri Rakesh Mishra

Section 11Section 143(1)Section 234ASection 234C

1) of the Act provides for a condition that if the income of a trust exceeds a maximum amount which is not chargeable to tax in the previous year the account have to be I.T.A. Nos.: 245/GTY/2024 Assessment Year: 2022-23 S.B. Bhattacharjee Memorial Trust for Children Education. audited and the person in receipt of such income furnishes the audit

ITO(EXEMPTION), WARD-2(4), SHILLONG, SHILLONG vs. NORTH EAST SOCIETY OF SISTERS OF THE HOLY CROSS, MEGHALAYA

ITA 81/GTY/2025[2020-21]Status: Disposed
ITAT Guwahati
11 Aug 2025
AY 2020-21

Bench: SHRI MANOMOHAN DAS, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

Section 11Section 143(1)Section 143(1)(a)Section 250

1)(a) of the Act. The Ld. AR pointed out that the first appellate order was erroneous in so far as only the revenue expenses had been allowed whereas the assessee was entitled for full exemption, as had been claimed in the original return of income. 4. We have carefully considered the rival submissions, we have gone through the grounds