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

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

Charitable Trust4
ITA/453/2010HC Karnataka12 Mar 2020

Bench: ALOK ARADHE,M.NAGAPRASANNA

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

charitable work without any discrimination on the basis of caste, creed or religion? 8. It is pertinent to note that the Society was registered in the year 1961 and the medical college commenced in the year 1963. Admittedly, thereafter, the exemption under Section 80G(5)(iii) of the Act was granted to the Society. Clause 3 of the Memorandum

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 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

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

The appeal is disposed off accordingly

ITA/180/2010HC Karnataka20 Nov 2018

Bench: The Hon'Ble Mr. Justice Ravi Malimath

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

charitable Trust. It was granted registration under Section 12-A of the Income Tax Act,1961 on 21-7-1986. It was also granted recognition under Section 80-G (5)(vi) of the Act Income Tax Act, for the year 2005-2006, 2006-2007, 2007-2008. Returns were being filed regularly. On 1-1-2009 the assessee filed an application

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)

iii) Whether the mere fact that the trust having not carried on all objects of the trust, being the first year of existence, can the Tribunal conclude that the trust was not constituted for charitable purpose to uphold the denial of registration under Section 12A and consequently denial of recognition under Section 80G(5

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

charitable in nature as provided under Rule 11AA(3) of the Rules, 1962? (iii) Whether on the facts and in the circumstances of the case, the Tribunal is right in not considering the fact that satisfaction on the part of the authority granting approval for recognition under Section 80G is necessary in terms of Section 80G of the Act read

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

80G? iii) Whether on the facts and in the circumstances of the case, the Tribunal was right in perversely holding that the Appellant Trust was not engaged in charitable activity? iv) Whether on the facts and in the circumstances of the case, the Tribunal was right in law in directing the lower authority to relook at the registration granted under