DCIT(EXAMPTION), CIRCLE - 1(1), KOLKATA, KOLKATA vs. MAA SARASWATI GYAN MANDIR EDUCATION SOCIETY , KOLKATA
In the result, the appeal of the revenue is dismissed
ITA 2002/KOL/2017[2012-13]Status: DisposedITAT Kolkata10 Jan 2020AY 2012-13
Bench: Shri A.T. Varkey, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.2002/Kol/2017 (िनधा"रणवष" / Assessment Year: 2012-13) Dcit(Exemption), Circle- Vs. Maa Saraswati Gyan Mandir 1(1), Kolkata
For Appellant: Shri Radhey Shyam, CITFor Respondent: Shri S. M. Surana, Advocate
Section 11Section 11(1)Section 11(1)(a)Section 11(1)(d)Section 143(3)
trust.
The AO was of the view that, administrative & establishment expenses being attributable to earning income are deductible from gross receipt to determine the net income available for application for charitable purposes for the purpose of calculation of allowable accumulation of 15% under section 11(l)(a) of the Act.
Therefore, AO held that following expenses were neither directly
