WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

charitable object of the trust was the imparting of education which falls\nu/s.2(15) of the Act. The newspaper business was incidental to the attainment\nof the object of the trust, namely that of imparting education and the profits of\nthe newspaper business are utilized by the trust for achieving the object of\nimparting education. In this case, there

PANKAJ MANI KULSHRESHTHA,JAIPUR vs. ITO, WARD-3(5), JAIPUR

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

Bench: The Hearing.”

Charitable Trust (Gujarat High Court) R/Tax Appeal No. 1335 of 2018 Date of 11 Sh. Panka Mani Khulshrestha vs. ITO Judgement/Order: 30/07/2019 while deciding the issue under consideration if Assesseeremained absent on more than one occasions and appeal decided on merits then whether it will be called as Ex-parte order. The Hon'ble High Court states that

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

WHOLE SALE CLOTH MERCHANT ASSOCIATION ,KOTA vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE KOTA , KOTA

In the result, the appeals of the assessee in ITA no

section\n11 (2) and 11(1)(a) of the\nAct\n33,50,772/-\n33,50,772/-\n5.\nUnverifiable Creditors\n16,75,286/-\n16,75,286/-\n6.\n15% of Construction\nExpenses\n1,20,00,440/-\n1,20,00,440/-\n7.\nDisallowance of Rs\n3,69,567 out of total\nexpenses

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

DCIT, EXEMPTIONS, CIRCLE, JAIPUR, JAIPUR vs. URBAN IMPROVEMENT TRUST, KOTA

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

URBAN IMPROVEMENT TRUST (NOW KOTA DEVELOPMENT AUTHORITY),KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

URBAN IMPROVEMENT TRUST,KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

URBAN IMPROVEMENT TRUST (NOW KOTA DEVELOPMENT AUTHORITY),KOTA vs. DCIT (EXEMPTIONS), CIRCLE, JAIPUR, JAIPUR

In the result, the assessee's income is found to be not chargeable\nunder the Income Tax Act at all and the AO is directed to delete the additions\nmade, irrespective of the head of income

6 of order dated 08.06.2016 has directed to set aside the orders\npassed by the authorities below\n4 on the facts and in the circumstances of the case, the Id. CIT (A) has erred in\nallowing the expenses of Rs.6110.00 lakhs by treating the same as revenue\nexpenditure viz. The non-plan expenditure incurred for development work amounting\nto Rs.5281.77

RAJASTHAN STATE BHARAT SCOUT AND GUIDE,JAIPUR vs. INCOME-TAX OFFICER (EXEMPTION), JAIPUR

In the result, both the appeals of the assessee are partly allowed

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

6 Below is the extract of Explanatory Notes to the Provisions of Finance Act, 2015 | vide Circular No 19/2015, Issues on 27.11.2015] "12. Rationalisation of provisions of section 11 of the Income-tax Act relating to accumulation of Income by charitable trusts and institutions 12.1 Under the provisions of section 11 of the Income-tax Act, the primary condition

RAJASTHAN STATE BHARAT SCOUT AND GUIDE,JAIPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX HOLDING CHARGE OF ITO EXEMPTIONS, JAIPUR

In the result, both the appeals of the assessee are partly allowed

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

6 Below is the extract of Explanatory Notes to the Provisions of Finance Act, 2015 | vide Circular No 19/2015, Issues on 27.11.2015] "12. Rationalisation of provisions of section 11 of the Income-tax Act relating to accumulation of Income by charitable trusts and institutions 12.1 Under the provisions of section 11 of the Income-tax Act, the primary condition

ARYA SAMAJ MANDIR ,BHILWARA vs. CIT(E) , JAIPUR

In the result, the appeals of the assessee in ITA No

250 or section 254 or section 260 or section 262 is received by\nthe Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or\nCommissioner, as the case may be, the order under section 263 or section 264 is passed\nby the 48[Principal Chief Commissioner or Chief Commissioner or Principal\nCommissioner or Commissioner, as the case may be]”\n1.2

M/S WHOLESALE CLOTH MERCHANT,KOTA vs. PR. COMMISSIONER OF INCOME TAX (CENTRAL), RAJASTHAN, JAIPUR

In the result, appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Jm & Shri Vikram Singh Yadav, Am Vk;Dj Vihy La-@Ita No. 688/Jp/2019 Assessment Year: ………………………… M/S Wholesale Cloth Merchant Cuke Pr.C.I.T. (Central), Vs. Association, Jaipur (Rajasthan) New Cloth Market, Kota. Pan No.: Aaatw 0127 C Vihykfkhz@Appellant Izr;Fkhz@Respondent Fu/Kzkfjrh Dh Vksj Ls@ Assessee By : Shri Siddarth Ranka & Shri Shravan Kr. Gupta (Advs) Jktlo Dh Vksj Ls@ Revenue By : Shri Ambrish Bedi (Cit-Dr) Lquokbz Dh Rkjh[K@ Date Of Hearing : 14/10/2020 Mn?Kks"K.Kk Dh Rkjh[K@ Date Of Pronouncement : 06/01/2021 Vkns'K@ Order Per: Sandeep Gosain, J.M. The Present Appeal Has Been Filed By The Assessee Against The Order Of The Ld. Pr.Cit(Central), Rajasthan, Jaipur Dated 22/03/2019 Passed U/S 12Aa(3) & 12Aa(4) Of The Income Tax Act, 1961 (In Short, The Act). Following Grounds Have Been Taken By The Assessee: “1. That In The Facts & In The Circumstances Of The Case & In Law, The Ld Pr. Cit(Central), Rajasthan, Jaipur Has Grossly Erred In Cancelling The Registration Of The Assessee Appellant Trust Under Section 12A Of The Act By Invoking Section 12Aa(4) Of The Act W.E.F. 01/04/2013. 2. The Appellant Craves Leave To Add, Alter, Modify Or Amend Any Ground On Or Before The Date Of Hearing.”

Charitable Trust vs. DCIT (2019) 6 TMI 595 (Cochin) 4. Application of funds deemed to have been made for the benefit of specified person Section 13(2): In some earlier years there was a miss happening with the assessee association that his president deliberately withdraw cash from association's bank account for his personal use in the name of other

KINKINI,BHILWARA,BHILWARA vs. ITO EXEMPTION WARD 1, JAIPUR, JAIPUR

In the result, the appeal of the assessee is allowed

Bench: SMT. ANNAPURNA GUPTA (Accountant Member)

Section 250 of the Income Tax Act, 1961, (hereinafter referred to as “Act”). 2. The grounds raised by the assessee read as under:- 1. The impugned order passed u/s 143(1) of the Act dated 19.12.2024 is bad in law and on facts of the case, for want of jurisdiction and for various other reasons and hence the same