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4 results for “charitable trust”+ Deemed Dividendclear

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Key Topics

Section 2608Section 12A4

PASCHIM VIBHAG SHIKSHAN MANDAL BIJAGARI vs. THE COMMISSIONER and APPELLATE AUTHORITY

WP/101436/2018HC Karnataka01 Dec 2021

Bench: The Hon’Ble Mr.Justice Suraj Govindaraj Writ Petition No.101436/2018 (S-Pro) C/W. Writ Petition No.77680/2013 (Gm-Ksr), Writ Petition No.81667/2013 (Gm-R/C) & Writ Petition No.101972/2017 (Gm-R/C)

deem necessary; (j) the settlement of scheme, or variation or alteration in a scheme already settled, (k) an order for amalgamation of two or more trusts by framing a common scheme for the same; (l) an order for winding up of any trust and applying the funds for other charitable purposes; (m) an order for handing over of one trust

PR. COMMISSIONER OF INCOME TAX vs. M/S CHAMUNDI WINERY AND DISTILLERY

ITA/467/2015HC Karnataka25 Sept 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 260

charitable trust out of the money when received by him. Once it is held that the amount was received as his professional income, the assessee is clearly liable to pay tax thereon. In our opinion, the correct answer to the question referred to the High Court is that the amount of Rs.32,500 received by the assessee was professional income

THE PR. COMMISSIONER OF INCOME TAX (4) vs. M/S CHAMUNDI WINERY AND DISTILLERY

ITA/172/2017HC Karnataka25 Sept 2018

Bench: S.SUJATHA,VINEET KOTHARI

Section 260

charitable trust out of the money when received by him. Once it is held that the amount was received as his professional income, the assessee is clearly liable to pay tax thereon. In our opinion, the correct answer to the question referred to the High Court is that the amount of Rs.32,500 received by the assessee was professional income

THE DIRECTOR OF INCOME TAX vs. M/S BANGALORE ORTHOPEDIC SOCIETY

The appeal is dismissed

ITA/356/2011HC Karnataka19 Jul 2012

Bench: B.MANOHAR,K.SREEDHAR RAO

Section 12ASection 260A

dividends are payable. The respondent/ Society made an application for registration under Section 12A of the IT Act in the year 1998 to the DIT (Exemption). The said application was rejected by the DIT (Exemption) by order dated 22.1.2002. The respondent filed ITA No.397(Bang.)/2002 to the 3 Income-Tax Appellate Tribunal, Bangalure Bench `B', Bangalore. The order