39 results for “charitable trust”+ Section 56(2)clear
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In the result, the appeals of the assessee are partly allowed whereas the Cross Objections of the Revenue are partly allowed for statistical purposes
Bench: Shri A. D. Jain & Shri T. S. Kapoor
56. We may also examine some other aspects commented by Revenue to exclude ''IDAs' from the ambit of Section 2(15) of Act, 1961. Page 34 of 86 (UP AWAS EVAM VIKAS PARISHAD) 57. One of the queries made by CIT (E) was evidence regarding ownership of land, building in the name of ''IDAs', audit report of preceding three years