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8 results for “charitable trust”+ Section 80G(5)(ii)clear

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Key Topics

Section 80G23Section 12A15Section 807Exemption7Section 2606Section 80G(5)(vi)6Section 126Section 260A4Section 2(15)4

SRI NARAYANA GURU PRASADITHA SANGHA vs. THE COMMISSIONER OF INCOME TAX

Appeal is hereby allowed

ITA/687/2009HC Karnataka14 Jul 2015

Bench: ARAVIND KUMAR,VINEET SARAN

Section 12ASection 2(15)Section 260ASection 80GSection 80G(5)(vi)

Trust was granted registration under Section 12A of the Act and also approval under Section 80G(5)(vi) of the Act on 17.02.2004 upto 31.03.2005. Same was continued with effect from 01.04.2005 and upto 31.03.2008 by order dated 04.10.2005 (Annexure-E) and thereafter assessee sought for continuance of the approval granted under Section 80G(5

D R RANKA CHARITABLE TRUST vs. THE DIRECTOR OF INCOME TAX

The appeal is disposed off accordingly

Charitable Trust4
ITA/180/2010HC Karnataka20 Nov 2018

Bench: The Hon'Ble Mr. Justice Ravi Malimath

Section 11Section 12Section 12ASection 254(1)Section 260ASection 80Section 80G

Trust is not eligible for renewal of approval under Section 80G?” The learned counsel for the assessee contends that the Commissioner committed a gross error in rejecting the application for renewal. That the Commissioner placed reliance on the conditions as laid down under Section 80- G(5)(ii) and came to the conclusion that the income was not being used

THE DIRECTOR OF INCOME TAX vs. C B C I SOCIETY FOR MEDICAL EDUCATION

In the result, we do not find any merit in the

ITA/453/2010HC Karnataka12 Mar 2020

Bench: ALOK ARADHE,M.NAGAPRASANNA

Section 260Section 260ASection 80Section 80GSection 80G(5)(iii)

ii) ALLOW THEAPPEAL AND SET ASIDE THE ORDERS PASSEED BY THE ITAT, BENGALURU ITA NO.1226/BANGA/2009 DATED 23.07.2010 CONFIRMING THE ORDER PASSED BY THE DIRECTOR OF INCOME TAX, EXEMPTIONS, BENGALURU, IN THE INTEREST OF JUSTICE. THIS INCOME TAX APPEAL COMING ON FOR HEARING, THIS DAY, ALOK ARADHE J., MADE THE FOLLOWING: JUDGMENT This appeal is filed under Section 260A

PR. COMMISSIONER OF vs. M/S. EMBASSY CHARITABLE TRUST

In the result, the appeal fails and is hereby dismissed

ITA/458/2019HC Karnataka27 Jan 2022

Bench: ALOK ARADHE,M.G.S. KAMAL

Section 12ASection 260Section 80GSection 80G(5)(vi)

80G of the Act. In the aforesaid factual background, this appeal has been filed. 4. Learned counsel for the revenue submitted that the Tribunal ought to have appreciated that primary object of the Act was not charitable and the Trust was engaged in the erection and construction of building which was a commercial activity. It is further submitted that

M/S BANGALORE URBAN AND RURAL vs. THE DIRECTOR OF INCOME - TAX

In the result, the appeals are allowed to the

ITA/7/2010HC Karnataka23 Feb 2016

Bench: S.SUJATHA,JAYANT PATEL

Section 12ASection 260Section 80GSection 80G(5)(vi)

charitable purpose to uphold the denial of registration under Section 12A and consequently denial of recognition under Section 80G(5)(vi) of the Act?” 2. The Appellant is a Trust and applied to the Director of Income Tax [Exemptions], respondent herein, for grant of registration under Section 12A of the Income Tax Act, 1961, [‘the Act’, for short] and also

M/S MAHESHWARI FOUNDATION vs. THE DIRECTOR OF INCOME TAX

Appeal is allowed

ITA/807/2009HC Karnataka19 Jan 2015

Bench: B.VEERAPPA,N.KUMAR

Section 2Section 2(15)Section 260ASection 80G

Trust formed on 12.07.2000. It filed an application for renewal of the recognition granted under Section 80G of the Act on 31.03.2008. The authorities called for certain details in connection with the renewal of the recognition and the same was furnished. The assessee was running a Hostel for students, for which charges were collected for both boarding and lodging. According

PR COMMISSIONER OF INCOME TAX vs. M/S OLA FOUNDATION

The appeal stands dismissed

ITA/169/2019HC Karnataka19 Mar 2021

Bench: SATISH CHANDRA SHARMA,S VISHWAJITH SHETTY

Section 12ASection 2(15)Section 260Section 80G

ii) Whether on the facts and in the circumstances of the case, the Tribunal is right in not appreciating the fact that the assessee has failed to prove with financial statements and activities carried out earlier, that they are charitable in nature as provided under Rule 11AA(3) of the Rules, 1962? (iii) Whether on the facts

DIRECTOR OF INCOME TAX vs. D.R. RANKA CHARITABLE TRUST

Appeal is disposed off accordingly

ITA/44/2014HC Karnataka20 Nov 2018

Bench: The Hon'Ble Mr. Justice Ravi Malimath

Section 11Section 12Section 12ASection 254(1)Section 260Section 80Section 80G

ii) Whether on the facts and in the circumstances of the case, the Tribunal was right in law failing to hold that the Appellant Trust is eligible for automatic renewal of approval under section 80G? iii) Whether on the facts and in the circumstances of the case, the Tribunal was right in perversely holding that the Appellant Trust