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9 results for “charitable trust”+ Unexplained Investmentclear

Sorted by relevance

Delhi116Mumbai99Hyderabad67Chennai64Jaipur41Bangalore36Pune22Ahmedabad18Cochin9Indore9Amritsar8Chandigarh8Kolkata7Nagpur7Agra6Lucknow5Varanasi3Surat2Karnataka2Jodhpur1Cuttack1Raipur1Telangana1

Key Topics

Section 12A27Section 1487Section 1475Section 12A(1)(ac)4Section 1324Section 143(3)4Section 148A3Section 153C3Addition to Income3

CHIRAYU CHARITABLE FOUNDATION,BHOPAL vs. PCIT (CENTRAL), BHOPAL

In the result appeal of the assessee stands allowed

ITA 179/IND/2019[-]Status: DisposedITAT Indore09 Feb 2021

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradchirayu Charitable Pcit (Central), Foundation,Bhopal Indore Bhopal Highway, Bhaisakhedi, Vs. Bhopal (Appellant) (Revenue ) Pan No.Aaaac3656P Revenue By Shri S.S. Mantri, Cit Appellant By S/Shri Sumit Nema, Sr. Advocate, Gagan Tiwari & Piyush Parashar, Advs Date Of Hearing 05.01.2021 Date Of Pronouncement .02.2021 O R D E R Per Manish Borad, Am.

Section 12ASection 132

unexplained and added as income u/s. 68:- Chirayu Charitable Foundation A.Y. Donation received from Amount 2014-15 Thakur Educational Trust (AACTT4004F) 10000000 Thakur House, Ashok Nagar, Kandivili (E), Mumbai – 400101 2014-15 Thakur Educational Trust (AACTT4004F) 6000000 Thakur House, Ashok Nagar, Kandivili (E), Mumbai – 400101 2014-15 Zagdu Singh Charitable Trust 10000000 (AAATZ0141P) Thakur House, Ashok Nagar, Kandivili (E), Mumbai

M/S SHREE JAIRAM EDUCATION SOCIETY,BHOPAL vs. ACIT CENTRAL-II, BHOPAL

In the result, appeal of the assessee in ITANo

Search & Seizure3
Reassessment3
Reopening of Assessment3
ITA 548/IND/2019[2010-11]Status: DisposedITAT Indore13 Oct 2021AY 2010-11

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing

Section 12ASection 132Section 143(2)Section 148Section 37

investment is made for construction of buildings for housing the college, hostel and to provide other facilities to the students who are studying in the College. The College is recognized by the Medical Council of India, State of Karnataka and all other statutory authorities. Therefore, it cannot be said that the Trust is not genuine. Admittedly, the students are being

M/S SHREE JAIRAM EDUCATION SOCIETY,BHOPAL vs. PR. CIT (CENTRAL), BHOPAL

In the result, appeal of the assessee in ITANo

ITA 90/IND/2019[-]Status: DisposedITAT Indore13 Oct 2021

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing

Section 12ASection 132Section 143(2)Section 148Section 37

investment is made for construction of buildings for housing the college, hostel and to provide other facilities to the students who are studying in the College. The College is recognized by the Medical Council of India, State of Karnataka and all other statutory authorities. Therefore, it cannot be said that the Trust is not genuine. Admittedly, the students are being

M/S TRUBA EDUCATION SOCIETY ,BHOPAL vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) BHOPAL, BHOPAL

ITA 801/IND/2024[2023-24]Status: DisposedITAT Indore24 Apr 2025AY 2023-24
Section 11Section 127(2)Section 12ASection 12A(1)(ac)Section 132Section 133ASection 143(3)Section 147Section 2(15)

Trust Vs. CIT,\nExemption (2024) 168 taxmann.com 90 (Jaipur – Trib.), order dated\n03.06.2024\n(iii)\nITA Delhi in ITA No. 1803/Del/2024 Lakhmi Chand Charitable\nSociety, New Delhi Vs. Principal Commissioner of Income-tax, New\nDelhi, (2024) 166 taxmann.com 324 (Delhi Trib.), order dated\n22.08.2024.\n13.\nLd. AR submitted that the facts of the case and legal precedents noted\nabove would

SHRI MAHESHWARI JANKAIYAN TRUST ,INDORE vs. THE CIT EXEMPTION, BHOPAL

In the result, the appeal filed by the Assessee is allowed

ITA 123/IND/2022[2017-18]Status: DisposedITAT Indore17 Apr 2023AY 2017-18

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri B.M. Biyani (Accountant Member)

Section 11(1)(a)Section 12ASection 2(15)Section 263Section 80G

unexplained. These details were not verified by the Assessing Officer while passing the assessment order. Therefore the said assessment order is an erroneous order and prejudicial to the interest of Revenue. Hence a show cause notice was served upon the assessee why the assessment order be revised u/s. 263 of the Act to bring to tax the differential income

M/S AD-MANUM FINANCE LTD.,INDORE vs. THEDCIT 1(1) , INDORE, INDORE

ITA 331/IND/2018[2009-10]Status: DisposedITAT Indore14 Oct 2020AY 2009-10

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

Section 143(3)Section 147Section 153C

Charitable Trust and Available Finance Ltd. sources of which was not explained. Based on above allegations, statutory notices u/s 148, 143(2) and 142(1) of the IT Act, 1961 were issued to the assessee company. In response to the notices as issued above, the assessee company made compliances from time to time. Considering the replies of the assessee

THE DCIT1(1), INDORE vs. M/S. AVILABLE FINANCE LTD., INDORE

ITA 895/IND/2019[2014-15]Status: DisposedITAT Indore14 Oct 2020AY 2014-15

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

Section 143(3)Section 147Section 153C

Charitable Trust and Available Finance Ltd. sources of which was not explained. Based on above allegations, statutory notices u/s 148, 143(2) and 142(1) of the IT Act, 1961 were issued to the assessee company. In response to the notices as issued above, the assessee company made compliances from time to time. Considering the replies of the assessee

DY. CIT -1(1), INDORE vs. M/S. AGRAWAL TRANSPORT CORPORATION (P) LTD., INDORE

ITA 651/IND/2019[2010-11]Status: DisposedITAT Indore14 Oct 2020AY 2010-11

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

Section 143(3)Section 147Section 153C

Charitable Trust and Available Finance Ltd. sources of which was not explained. Based on above allegations, statutory notices u/s 148, 143(2) and 142(1) of the IT Act, 1961 were issued to the assessee company. In response to the notices as issued above, the assessee company made compliances from time to time. Considering the replies of the assessee

SHREE TEKCHANDJI MAHARAJ TRUST,UJJAIN vs. ASSESSING OFFICER, UJJAIN

ITA 537/IND/2025[2016-17]Status: DisposedITAT Indore30 Jan 2026AY 2016-17
Section 133(6)Section 139(1)Section 142(1)Section 144Section 147Section 148Section 148ASection 250Section 253Section 69A

investments made in movable assets/fixed assets and immovable\nproperties.\nDetails of Accumulation made U/s.11(2), if any, in last 8 years and the details of\nutilization as below:-\nA.Y.\nAmount\nAccumulated\nAmount\nUtilized\nPurpose of\nAmount\nPurpose of\nUtilization\nBalance\nAmount\nUnutilized\nof Amount\nend of\nYr.\ntill\nAssessment\nAlso furnish copies of Application in Form 10 & Resolution of Trustees