ALLEN CAREER INSTITUTE,JAIPUR vs. JCIT, KOTA

In the result, the appeal of the assessee is partly allowed

charitable trust and not incurred for business purpose. The disallowance so made and confirmed by the ld. CIT(A) is contrary to the provision of law and hence, kindly be deleted in full 3.2. Rs.2,45,919/-: The ld. CIT(A) erred in law as well as on the facts of the case in confirming the disallowance of interest

ALLEN CAREER INSTITUTE,KOTA vs. JCIT, JAIPUR

In the result, the Grounds No

charitable trust and not incurred for business purpose. The disallowance so made and confirmed by the ld. CIT(A) is contrary to the provision of law and hence, kindly be deleted in full 4. Rs.23,64,158/-: The ld. CIT(A) erred in law as well as on the facts of the case in confirming the disallowance of Rs.23

ALLEN CAREER INSTITUTE,JAIPUR vs. JCIT, KOTA

In the result, the appeal of the assessee is partly allowed

Section 4 of the Indian Partnership Act 1932 also support this contention. Thus, the 'partnership firm' and partners have been collectively seen and the distinction between the two was removed in the judicial precedents even for taxation purposes. 6.2.3 On the other hand, interest paid on borrowed capital u/s 36(1)(iii) presupposes a transaction between two independent entities, which

SHRI MAHAVEER DIGAMBER JAIN MANDIR SAMITI,JAIN MANDIR SECTOR-A, TALWANDI, KOTA vs. CIT(E), JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

charitable purposes. There has to be a check that the balance funds on dissolution do not go to the office bearers of the trust/society. Assessee vide letter dated 06.03.2023 was given show cause to submit documents/explanation, the latter of which is reproduced as under:- "On perusal of the trust deed/MOA furnished by you, it is noticed that no dissolution/irrevocability clause

JAI MATA VAISHNO DEVI PARMARTHIK TRUST,JAIPUR vs. CIT EXEMPTION, JAIPUR, JAIPUR

In the result, the appeal of the assesee is allowed for statistical purposes

Bench: The Itat For 2

charitable activity Therefore, the applicant claim of approval u/s 14A is also liable to be rejected on ground of not providing its genuineness of activity. 07. In view of above discussion applicant's application for approval u/s 80G is liable to be rejected and thus being rejected on following grounds: - 5 ITA1576/JPR/2024 JAI MATA VAISHNO DEVI PARMARTHIK TRUST