ACIT., CIRCLE-5(1), HYDERABAD vs. PENNA CEMENT INDUSTRIES LIMITED, HYDERABAD

5)(vi) of the Act in respect of Pt.\nJashraj Music Academy Trust is found placed at page 19 of PB\ndated 30-3-2012 given by Director of Income-tax (Exemption).\nTherefore, since the assessee satisfies the condition u/s. 80G of\nthe Act of the donees, the assessee's claim for deduction of\nCSR expenses/contribution u/s 80G

VITP PRIVATE LIMITED,HYDERABAD vs. DCIT., CIRCLE8(1), HYDERABAD

80G or section 80GGA\n45[or section 80GGC] or section 80HH or section 80HHA or section 80HHB or\nsection 80HHC or section 80HHD or section 80-1 or section 80-IA 46[or section\n80-IB] 47[or section 80-IC] 49[or section 80-ID or section 80-IE] or section 80J or\nsection 80JJ50, no deduction under

NATIONAL ACADEMY OF CONSTRUCTION,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, (EXEMPTIONS), HYDERABAD

Appeal is treated as allowed for statistical purposes in above terms

Bench: Shri A.Mohan Alankamony & Shri S.S.Godara

5) in earlier year. The learned Assessing Officer erred in concluding that the assessee was not pursuing the main object of education u/ s 2(15). The learned Assessing Officer ought to have considered that the assessee does not fall under last limb of Section 2(15), viz., any other object of general public utility, since all the education activities

INVESCO(INDIA) PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE -2 (1), HYDERABAD

In the result, appeal of the Assessee is partly allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

depreciation of INR 35,30,75,403 under section 32 of the Act in respect of goodwill arising on amalgamation and recognized in the books as per the Hon'ble NCLT order sanctioning the amalgamation. 4. That on the facts and in the circumstances of the case and in law, the Ld. AO erred in disallowing INR 42.97.430 under section