THE COMMISSIONER vs. JYOTHY CHARITABLE TRUST

Bench: S.SUJATHA,VINEET KOTHARI

12. The depreciation if it is not allowed as necessary deduction for computing the income from the charitable institutions, then there is no way to preserve the corpus of the trust for deriving the income. The Board also appears to have understood the `income’ under section

THE DIRECTOR OF INCOME TAX vs. M/S. KRUPANIDHI EDUCATION

Bench: S.SUJATHA,VINEET KOTHARI

trusts are covered under section 11, 12 and 13 of the IT Act, 1961 and the provisions of section 28 to 44 of the Act are not applicable to charitable

THE COMMISSIONER OF INCOME TAX vs. M/S KARNATAKA STATE STUDENTS WELFARE FUND

The appeal stands dismissed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Trust and re- assessment order under Section 143(3) read with Section 148 of the Act came to be passed for the assessment year under consideration whereby the Assessing Officer held that the assessee has not applied income for charitable purpose as required under Sections 11 and 12

THE COMMISSIONER OF INCOME TAX vs. M/S KARNATAKA STATE STUDENTS WELFARE FUND

The appeal stands dismissed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Trust and re- assessment order under Section 143(3) read with Section 148 of the Act came to be passed for the assessment year under consideration whereby the Assessing Officer held that the assessee has not applied income for charitable purpose as required under Sections 11 and 12

THE COMMISSIONER OF INCOME TAX vs. M/S KARNATAKA STATE STUDENTS WELFARE FUND

The appeal stands dismissed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Trust and re- assessment order under Section 143(3) read with Section 148 of the Act came to be passed for the assessment year under consideration whereby the Assessing Officer held that the assessee has not applied income for charitable purpose as required under Sections 11 and 12

THE COMMISSIONER OF INCOME TAX vs. M/s KARNATAKA STATE STUDENTS WELFARE FUND

The appeal stands dismissed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Trust and re- assessment order under Section 143(3) read with Section 148 of the Act came to be passed for the assessment year under consideration whereby the Assessing Officer held that the assessee has not applied income for charitable purpose as required under Sections 11 and 12

THE COMMISSIONER OF INCOME TAX vs. M/S KARNATAKA STATE STUDENTS WELFARE FUND

The appeal stands dismissed

Bench: S.SUJATHA,HANCHATE SANJEEVKUMAR

Trust and re- assessment order under Section 143(3) read with Section 148 of the Act came to be passed for the assessment year under consideration whereby the Assessing Officer held that the assessee has not applied income for charitable purpose as required under Sections 11 and 12

THE COMMISSIONER OF vs. THE KARNATAKA STATE

Bench: ABHAY SHREENIWAS OKA (CJ),S.G.PANDIT

Trust registered under Section 12-A of the Act is no more res integra, no substantial question of law in this regard would arise in these appeals. Insofar as question of carry forward of income or loss of Charitable

COMMISISONER OF INCOME TAX vs. OHIO UNIVERSITY CHRIST COLLEGE

Bench: S.SUJATHA,VINEET KOTHARI

12. The depreciation if it is not allowed as necessary deduction for computing the income from the charitable institutions, then there is no way to preserve the corpus of the trust for deriving the income. The Board also appears to have understood the `income’ under section

ADARSHA SUGAMA SANGEETHA ACADEMY vs. SMT. VRINDA S RAO

Bench: The Hon’Ble Mr. Justice R. Nataraj

Trust was charitable or religious in nature but the issue was whether before granting leave to institute a suit under Section 92 of the CPC., the Court is required to provide an opportunity of being heard to the proposed defendants. 12

THE COMMISSIONER OF INCOME TAX vs. M/S KRUPANIDHI EDUCATIONAL TRUST

In the result, the appeal stands dismissed

Bench: S.SUJATHA,RAVI V HOSMANI

charitable institution can neither lead to the conclusion that the activities of the Trust or institution are not genuine, nor can it be said that the activities of the Trust or institution are not being carried out in accordance with the two conditions stipulated under the provisions of Section 12

PR COMMISSIONER OF vs. SHUSHRUTHA EDUCATIONAL

Appeal is dismissed

Bench: S.SUJATHA,VINEET KOTHARI

Trust 3/27 the Tribunal is right in not appreciating the fact that the normal computation of income under respective heads as envisaged under Sections 15 to 59 are not applicable to the computation of income in respect of charitable trust/institution for the purpose of claiming exemption under Sections 11, 12

COMMISIONER OF INCOME TAX (EXEMPTIONS) vs. MANIPAL HOTEL & RESTAURANT

Bench: S.SUJATHA,VINEET KOTHARI

charitable or religious trust/institution as codified under Section 11, 12 and 13, there is no provision for computing loss from property held under trust/institution on Date of Judgment 14-08-2018 I.T.A.No.201/2015 Commissioner of Income Tax (Exemptions) & Another Vs. Manipal Hotel & restaurant Management College Trust

PR. COMMISSIONER OF INCOME TAX vs. M/S. MEDICAL RELIEF SOCIETY OF SOUTH KANARA

Bench: S.SUJATHA,VINEET KOTHARI

charitable trust i.e., the assessee herein by following its earlier order even when the normal computation of income under respective heads as envisaged under Section 15 to 59 are not applicable to the computation of income in respect of Trusts as per Section 11, 12

PR. COMMISSIONER OF INCOME TAX vs. M/S. MEDICAL RELIEF SOCIETY OF SOUTH KANARA

Bench: S.SUJATHA,VINEET KOTHARI

charitable trust i.e., the assessee herein by following its earlier order even when the normal computation of income under respective heads as envisaged under Sections 15 to 59 are not applicable to the computation of income in respect of Trusts as per Sections 11, 12

PR. COMMISSIONER OF INCOME TAX vs. M/S. MEDICAL RELIEF SOCIETY OF SOUTH KANARA

Bench: S.SUJATHA,VINEET KOTHARI

charitable trust i.e., the assessee herein by following its earlier order even when the normal computation of income under respective heads as envisaged under Sections 15 to 59 are not applicable to the computation of income in respect of Trusts as per Sections 11, 12

PR COMMISSIONER OF vs. M/S YENEPOYA UNIVERSITY

Bench: S.SUJATHA,VINEET KOTHARI

charitable trust i.e., the assessee herein by following its earlier order which has not reached finality even when the normal computation of income under respective heads as envisaged under Sections 15 to 59 are not applicable to the computation of income in respect of Trusts as per Sections 11, 12

PR COMMISSIONER OF INCOME TAX vs. M/S MEDICAL RELIEF

Bench: S.SUJATHA,VINEET KOTHARI

charitable trust i.e., the assessee herein by following its earlier order which has not reached finality even when the normal computation of income under respective heads as envisaged under Sections 15 to 59 are not applicable to the computation of income in respect of Trusts as per Sections 11, 12