LAKSHMI TRUST,KOLKATA vs. ITO, (E) - II, KOLKATA, KOLKATA

In the result, the appeals of the assessees are treated as partly allowed as indicated above

Bench: Shri P.M. Jagtap

1. The assessee is a public charitable trust constituted under a deed of trust dated January 19, 1978 and registered under section 12A of the Income Tax Act 1961 (hereinafter referred to as "the Act") with effect from January 24, 1979. The assessee has all along been granted exemption under section 11 of the Act In the assessment made

M/S JMS MINING PVT. LTD,KOLKATA vs. PCIT-2, KOLKATA

In the result, the appeal of the assessee is allowed