ITO(E)-1(1), MUMBAI, MUMBAI vs. BHAVITHA FOUNDATION, MUMBAI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Om Prakash Kant () & Shri Raj Kumar Chauhan () Assessment Year: 2021-22

13(1)(d) (ii) of the IT. Act, 196l for the reason that as per section 11(5)investment in shares is not a specified mode. Consequently, per section 11(5)investment in shares is not a specified mode. Consequently, per section 11(5)investment in shares is not a specified mode. Consequently, the dividend received there from such shares

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. DCIT, CENTRAL CIRCLE-43 OR CIT VENTRAL 4, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. DCIT, CENTRAL CIRCLE-4, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. INCOME TAX OFFICER (EXEMPTION)- 1(3), MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. INCOME TAX OFFICER (EXEMPTION)- 1(3), MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. INCOME TAX OFFICER (EXEMPTION)- 1(3), MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. DCIT, CENTRAL CIRCLE-43 OR CIT CENTRAL 4, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. DCIT, CENTRAL CIRCLE-43 OR CIT CENTRAL 4, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. DCIT, CENTRAL CIRCLE-43 OR CIT CENTRAL 4, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

ASST CIT CC 43, MUMBAI vs. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

section 13(1)(c) still corpus donation were not taxable. b) R.B. Shreeram Religious & Charitable Trust Vs. CIT (SC) 233 ITR 0053 c) CIT vs. Indore Table Tennis Trust 227 ITR 0836 (MP) d) CIT vs. Bengal Mills & Stemers PRE. Association 140 ITR 0586 (Call) e) CIT vs. Vanchi Trust & Anr. 127 ITR 0227 (Kerala) f) CIT vs. Bal Utkarsh

PERFECT THREAD MILLS LTD,MUMBAI vs. DCIT 8(2), MUMBAI

In the result, appeal filed by the assessee is dismissed

Bench: Shri G.S.Pannu Vice Presedent,(As) Shri D. Karunakar Rao & Shri Amit Shukla, Sh. Pawan Singh & Shri Rajesh Kumarperfect Thread Mills Ltd Vs Dcit, 8(2), Mumbai 201, Millenium Plaza Behind Sakinaka Telephone Exchange, Andheri Kurla Road, Andheri (E), Mumbai- 72 Pan: Aaacp6449E Appellant Respondednt

section 13, Ld Counsel for the assessee read out such transfer of secured asset by the bank shall have the effect as if the transfer was made by the owner of the secured asset. 8. On the other hand, Ld DR relied heavily on the order of the AO and the CIT (A). Elaborating the same, Shri S.K. Mahapatra

BARCLAYS BANK PLC,MUMBAI vs. CIT (INTERNATIONAL TAXATION)-RANGE-1, MUMBAI

In the result, the appeal by the assessee stands partly allowed

Bench: Shri Shamim Yahya (Am) & Shri Amarjit Singh (Jm)

13,88,97,251 is allowable under section 37 of the Act; and 5.2 The CIT erred in holding that the learned AO has not verified whether only unavailed credits of the year under consideration have been allowed or cumulative credits of various years has also been allowed. Ground no 6 Without prejudice to Ground nos 1 & 2 above

SPRING TIME CLUBS & HOSPITALITY SERVICES P.LTD,KALYAN vs. A.O. TDS WD KALYAN, KALYAN

In the result, all the appeals filed by different assessees for different quarters relating to different years are allowed

Bench: Shri Jason P. Boaz & Shri Sanjay Gargm/S. Sprigtime Clubs & Hospitality Assessing Officer, Tds Ward Services Pvt. Ltd. Rani Mansion, Murbad Road Vs. 2Nd Floor, Sprig Avenue, Club Road Kalyan (W), 421301 Kalyan (W) 421301 Pan – Aaocs9107M Appellant Respondent

section 220(2) of the Act. Further, amendments were also made in respect of the scheme of payment of TDS / TCS by the Government, deductor / collector which 13

CORNERVIEW CONSTRUCTION & DEVELOPERS PVT. LTD.,MUMBAI vs. ACIT 9TDS) - CPC, GHAZIABAD

In the result, all the appeals of the assessee are dismissed

Bench: Shri Saktijit Deyand Shri Manoj Kumar Aggarwal

section 234E of the Act is contemplated which is not punitive in nature. The fee is a fixed charge for the extra service which the 13 Cornerview Construction & Department has to provide due to the late filing of the TDS