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

Bench: S.SUJATHA,VINEET KOTHARI

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

Bench: S.SUJATHA,VINEET KOTHARI

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 COMMISSIONER OF INCOME EXEMPTION vs. M/S CANARA BANK

Bench: CHIEF JUSTICE,C M JOSHI

Charitable Trust run by Canara Bank. The Assessee was registered under Section 12A of the Income Tax Act, 1961 [the Act] since 06.01.1982. 6. The Assessee had filed its return of income for AY 2016-17 claiming exemption under Section 11 of the Act and declared 'NIL Income". The Assessee's return was selected for scrutiny and the assessment proceedings

SAVIKRUTHA CHARITABLE TRUST (R) vs. THE CHIEF COMMISSIONER OF INCOME TAX

Bench: The Hon’Ble Mr.Justice H.G.Ramesh Writ Petition No.65306 Of 2009 (T-It)

charitable purposes but only any attempt to create a perpetuity in favour of the settlor’s descendent the trust is void. (Reliance is placed on Shri Takurji Vs Sukdev Sing 1920, 42 All 494). Therefore, the assessee is imparting the education on the lines of business and no purpose of charity is being served. The assessee is having good profit

AZIM PREMJI TRUSTEE COMPANY PVT LTD vs. DEPUTY COMMISSIONER OF INCOME TAX

In the result, I pass the following:-

Bench: The Hon'Ble Mr.Justice S.R.Krishna Kumar

charitable entity belonging to the Azim Premji Group, to 4 be held as a part of the corpus of Trust. This gift was contemporaneously disclosed to the stock exchanges and this information was also disseminated to the public at large. This gift was also specifically disclosed in the audited accounts of the petitioner for the year ending 31.03.2014. The face

SRI U M RAMESH RAO vs. UNION BANK OF INDIA

In the result, the writ appeals are disposed in

Bench: B.V.NAGARATHNA,R. NATARAJ

40 :- exercise jurisdiction not vested in it in law, the High Court of Karnataka was justified in entertaining the writ petition, on the basis that NCLT was coram non judice. In the instant case, the State of Karnataka had invoked the jurisdiction of the High Court under Article 226 of the Constitution without taking recourse to the appellate remedy under

M/S SSJV PROJECTS PRIVATE LIMITED vs. M/S ALLAHABAD BANK

In the result, the writ appeals are disposed in

Bench: B.V.NAGARATHNA,R. NATARAJ

40 :- exercise jurisdiction not vested in it in law, the High Court of Karnataka was justified in entertaining the writ petition, on the basis that NCLT was coram non judice. In the instant case, the State of Karnataka had invoked the jurisdiction of the High Court under Article 226 of the Constitution without taking recourse to the appellate remedy under

PR. COMMISSIONER OF INCOME TAX vs. M/S. MOOGAMBIGAI

In the result, the appeal is disposed of

Bench: ALOK ARADHE,ASHOK S.KINAGI

Section 11(4A) of the Act that the income from Trust or Institution being profits and gains of business or profession, unless such business is incidental to such Trust and the requirement of maintaining separate books of accounts have not been satisfied by the assessee. It is also pointed out that the Assessing Officer have recorded a categorical finding that

OFFICIAL LIQUIDATOR

In the result, the appeal is disposed of

Bench: RAGHVENDRA S.CHAUHAN

Section 11(4A) of the Act that the income from Trust or Institution being profits and gains of business or profession, unless such business is incidental to such Trust and the requirement of maintaining separate books of accounts have not been satisfied by the assessee. It is also pointed out that the Assessing Officer have recorded a categorical finding that

SRI B V ACHARYA S/O LATE RAMACHANDRA ACHARYA vs. SRI N VENKATESHAIAH

Bench: V.JAGANNATHAN

charitable trust called “Smt.Lakshmamma B.M.Sreenivasaiah Charities” and the trust was a registered trust and came into existence on 14.12.1995. It was also averred in the complaint that the trust was founded as per the will of late B.S.Narayan, son of late B.M.Sreenivasaiah and as per the trust deed, the complainant and one Sathyanarayana Swamy were appointed as the first

MASTER BALACHANDAR KRISHNAN vs. THE STATE OF KARNATAKA

Bench: B.V.NAGARATHNA,RAVI V HOSMANI

charitable trust with the object of, inter alia, establishing, maintaining and running of a model law college in India. The BCI Trust formed the National Law School of India Society—which was registered under the Karnataka Societies Registration Act, 1960, comprising members of the Bar and legal academics to establish a leading national institution for legal studies. The Society approached

SMT. S. JALAJA vs. UNION OF INDIA

In the result, writ appeals are allowed

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

CHARITABLE TRUST Vs. THE GOVT. OF TAMIL NADU', (2018) LAWS (MAD)3 918. It is further submitted that right to property has been recognized by Article 17 of Universal Declaration of Human Rights in the year 1948 itself which was diluted by the Parliament by inserting Article 31A in the Constitution. It is further submitted that right to hold property

SHRI. JAGANNATH S SHETTY vs. THE ADDITIONAL COMMISSIONER OF INCOME TAX

The appeal is allowed

Bench: The Hon'Ble Mr. Justice H.P. Sandesh

CHARITABLE TRUST AND OTHERS reported in (2010) 1 SCC 287 and brought to notice of this Court Para No.22, wherein an observation is made that in order to decide this question, it would be relevant for us to look into the clauses in the agreement entered into by the parties because they are of utmost importance, while considering time

PR. COMMISSIONER OF vs. M/S NOVO NORDISK INDIA

Bench: S.SUJATHA,VINEET KOTHARI

Section 166 of the Act on the ground that he was working as Chartered Accountant and was earning Rs.84,000/- p.m. It was pleaded that he also spent huge amount towards medical expenses, conveyance, etc. It was further pleaded that the accident occurred purely on account of the rash and negligent driving of the offending vehicle by its driver

DR V. NARAYANASWAMY vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

40 YEARS. 17. RADIANT SUPPLY CHAIN SOLUTIONS NO.3, LEVEL I, 135/3, VIJAYA ARCADE LALBAGH ROAD, BANGALORE- 560027 BY ITS PROPRIETOR ASHOK CHANDRAN NAIR S/O SRI PARAMESWARAN NARAYANAN NAIR, AGED 61 YEARS. 18. AL AMEN CHARITABLE FUND TRUST NO.3, MILLER TANK BUND ROAD CUNNINGHAM ROAD, BANGALORE -560052 BY ITS CHIEF EXECUTIVE OFFICER SRI MOHAMMED ALI KHAN S/O LATE ABDUL GAFFAR KHAN

M/S MAHRISHI MELTCHEMS PRIVATE LIMITED vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

40 YEARS. 17. RADIANT SUPPLY CHAIN SOLUTIONS NO.3, LEVEL I, 135/3, VIJAYA ARCADE LALBAGH ROAD, BANGALORE- 560027 BY ITS PROPRIETOR ASHOK CHANDRAN NAIR S/O SRI PARAMESWARAN NARAYANAN NAIR, AGED 61 YEARS. 18. AL AMEN CHARITABLE FUND TRUST NO.3, MILLER TANK BUND ROAD CUNNINGHAM ROAD, BANGALORE -560052 BY ITS CHIEF EXECUTIVE OFFICER SRI MOHAMMED ALI KHAN S/O LATE ABDUL GAFFAR KHAN

M/S. LAKSHMINIRMAN BANGALORE PVT.LTD vs. THE DEPUTY COMMISSIONER OF INCOME-TAX

Bench: The Hon’Ble Mr.Justice Aravind Kumar

40 YEARS. 17. RADIANT SUPPLY CHAIN SOLUTIONS NO.3, LEVEL I, 135/3, VIJAYA ARCADE LALBAGH ROAD, BANGALORE- 560027 BY ITS PROPRIETOR ASHOK CHANDRAN NAIR S/O SRI PARAMESWARAN NARAYANAN NAIR, AGED 61 YEARS. 18. AL AMEN CHARITABLE FUND TRUST NO.3, MILLER TANK BUND ROAD CUNNINGHAM ROAD, BANGALORE -560052 BY ITS CHIEF EXECUTIVE OFFICER SRI MOHAMMED ALI KHAN S/O LATE ABDUL GAFFAR KHAN

MINTENT SERVICED APARTMENTS PVT LTD., vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar

40 YEARS. 17. RADIANT SUPPLY CHAIN SOLUTIONS NO.3, LEVEL I, 135/3, VIJAYA ARCADE LALBAGH ROAD, BANGALORE- 560027 BY ITS PROPRIETOR ASHOK CHANDRAN NAIR S/O SRI PARAMESWARAN NARAYANAN NAIR, AGED 61 YEARS. 18. AL AMEN CHARITABLE FUND TRUST NO.3, MILLER TANK BUND ROAD CUNNINGHAM ROAD, BANGALORE -560052 BY ITS CHIEF EXECUTIVE OFFICER SRI MOHAMMED ALI KHAN S/O LATE ABDUL GAFFAR KHAN