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. 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

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 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

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

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

OBEROI FOUNDATION,MUMBAI vs. CIT (E), MUMBAI

In the result, appeal filed by the assessee is allowed

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Bleoberoi Foundation V. Cit (Exemptions) Commerz, 3Rd Floor 6Th Floor, Piramal Chambers International Business Park Lalbaug, Mumbai – 400 012 Oberoi Garden City, Off. W.E. Highway Goregaon (E), Mumbai - 400063 Pan: Aaato1684L (Appellant) (Respondent) Assessee Represented By : Shri Vijay Mehta Department Represented By : Shri K.C. Salvamani

1) (URO). In 7 Oberoi Foundation this case, it has been held that Section 13 has no application to Section 10(23C) of the Act. 8. Further submitted that the Ld. CIT(E) has observed that the Assessing Officer ought to have examined the applicability of Section 13 of the Act (referred page no. 9, para (e)(i) ofthe

DCIT CEN CIR 8(4), MUMBAI vs. SAVITA OIL TECHNOLOGIES LTD, MUMBAI

Appeal is allowed

Bench: Shri Mahavir Singh & Shri Ramit Kocharआयकर अपीऱ सं./I.T.A. No.7620/Mum/2016 (नििाारण वर्ा / Assessment Year : 2010-11)

TDS and advance tax, also paid self-assessment tax under section 140A of the Income-tax Act, 1961 (in short 'the Act'). (b)On 24-4-2002 an order was framed under section 250/143(3) of the Act whereby a refund of Rs. 66,90,474, earlier paid as self-assessment tax by the assessee, was made. The respondent-assessee

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 3(3)(1),MUMBAI, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

13 ITA 2943-2894-2893-3160-3173/M/ 2023 & 2971-2970/M/ 2023 Small Industries Development Bank of India Accordingly, the ld. DR supported the order of the AO. The ld. DR further submitted that the CIT(A) has followed the order his predecessor to sustain the disallowance to the extent of Rs. 50,00,000/- without recording any specific

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI , MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

13 ITA 2943-2894-2893-3160-3173/M/ 2023 & 2971-2970/M/ 2023 Small Industries Development Bank of India Accordingly, the ld. DR supported the order of the AO. The ld. DR further submitted that the CIT(A) has followed the order his predecessor to sustain the disallowance to the extent of Rs. 50,00,000/- without recording any specific

DY. COMMISSIONER OF INCOME TAX CIRCLE - 3(3)(1), MUMBAI, MUMBAI vs. SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, MUMBAI

Bench: Justice (Retd.) C V Bhadang & Ms Padmavathy S, Am

13 ITA 2943-2894-2893-3160-3173/M/ 2023 & 2971-2970/M/ 2023 Small Industries Development Bank of India Accordingly, the ld. DR supported the order of the AO. The ld. DR further submitted that the CIT(A) has followed the order his predecessor to sustain the disallowance to the extent of Rs. 50,00,000/- without recording any specific