SOCIETY FOR ECONOMIC DEVELOPMENT ,HYDERABAD vs. COMMISSIONER OF INCOME TAX (EXEMPTION), HYDERABAD
In the result, the appeal filed by the assessee is allowed for
ITA 1825/HYD/2019[NA]Status: DisposedITAT Hyderabad06 Sept 2022
Bench: Shri Rama Kanta Panda & Shri Laliet Kumarm/S. Society For Economic Vs. Cit(E) Development 2Nd Floor(Annexe) 504, Sahithi Aracade, Aaykar Bhawan Besides S.R.Nagar Police Basheerbagh Station, Sanjeeva Reddy Hyderabad-500 004 Nagar, Hyderabad-500 038 Pan : Aakas3955M (Appellant) (Respondent) Assessee By: Shri Narayana, P.S., Ca Revenue By: Shri Solgy Josat Kottaram,Cit-Dr Date Of Hearing: 04.08.2022 Date Of Pronouncement: 06.09.2022
For Appellant: Shri Narayana, P.S., CAFor Respondent: Shri Solgy Josat
Section 12ASection 13Section 17Section 2(15)
charitable activity as defined u/s 2(15) of the I.T. Act is
concerned, he submitted that the assessee has entered MoU with
the Govt. of A.P for implementation of certain welfare schemes of
the govt. like ‘NAI MANZIL’. He submitted that as a procedural
part of the implementation scheme, the project implementation
agencies have to enter into a MoU with
