THE M K TATA TRUST,MUMBAI vs. CIT (EXEMPTIONS), MUMBAI

In the result, both the appeals of the assessee are allowed

Bench: Shri Amarjit Singh & Shri Raj Kumar Chauhan

charitable institutions, which meet other statutory requirements, cannot be declined. Once it is found that assessee trusts hold shares in a certain company, all that is required to be seen is whether these shares are held validly under section 11(5), read with Section13(1) (d). There was no legal embargo on the voting rights of the assessee trust

THE M K TATA TRUST ,MUMBAI vs. CIT (EXEMPTIONS), MUMBAI

In the result, both the appeals of the assessee are allowed

Bench: Shri Amarjit Singh & Shri Raj Kumar Chauhan

charitable institutions, which meet other statutory requirements, cannot be declined. Once it is found that assessee trusts hold shares in a certain company, all that is required to be seen is whether these shares are held validly under section 11(5), read with Section13(1) (d). There was no legal embargo on the voting rights of the assessee trust

ADVERTISING AGENCIES ASSOCIATION OF INDIA ,MUMBAI vs. COMMISSIONER OF INCOME TAX (EXEMPTION ), MUMBAI

In the result, appeal of the assesseeITA No

Bench: Shri Prashant Maharishi & Shri Anikesh Banerjee

charitable nature. The issue was never adjudicated by the ld.AO in the assessment order. So, the expenses of “Goa Fest” is directed to further verification and setting aside the assessment order as erroneous & prejudicial to the revenue. Being aggrievedon revision order U/s 263 the assessee filed an appeal before us. 4. The ld. AR argued and filed written submission which

M/S. RDC VENTURES,MUMBAI vs. PCIT-27, MUMBAI

In the result, the appeal of the assessee is partly allowed

Bench: Shri Vikas Awasthy & Shri Amarjit Singhm/S Rdc Ventures Vs. Principal Commissioner Office No.-110 Of Income Tax-27 Ridhhisidhhi Premises Room No. 401, 4 Th Floor, Society, Near Sahakar Tower No. 6, Vashi Talkies Tilak Nagar, Railway Station, Chembur (West) Mumbai- Commercial Complex, 400089 Vashi, Navi Mumbai -400703 स्थायी लेखा सं./जीआइआर सं./Pan/Gir No:Aakfr0914Q Appellant .. Respondent Appellant By : Dhran Gandhi Respondent By : Sanyogita Nagpal Date Of Hearing 29.11.2023 Date Of Pronouncement 09.02.2024

charitable and religious trust. The same is distinguishable from the case of the assessee in respect of jurisdiction of territorial PCIT for making revision of assessment u/s 263

JEEVAN DEEP TRUST,MUMBAI vs. CIT (EXEMPTION), MUMBAI

In the result, the appeal filed by the assessee is allowed

charitable trust. Accordingly, it has been held that the payment made one trust to another trust as donation does not fall in any of the categories mentioned in section 13(3) of the Act. 8 Jeevan Deep Trust We noticed that the assessee has submitted above said contentions before the AO in the assessment proceedings and the same has been

DY.CIT (E) -2(1) , MUMBAI vs. MUMBAI EDUCATIONAL TRUST, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Rahul Chaudhary, Jm

Revision by commissioner of orders prejudicial to revenue - Assessee Charitable Trust ITA Nos. 1828 to 1831/Mum/2022 Mumbai Education Trust; A.Y. 08-09 to 11-12 running large number of Institutions claimed exemption u/s. 11- For A.Y. 2000-01 and 2001-02, assessee filed 'Nil' return of income on 31-10-2001 claiming exemption of income-AO held that amount given

DY.CIT (E) -2(1) , MUMBAI vs. MUMBAI EDUCATIONAL TRUST, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Rahul Chaudhary, Jm

Revision by commissioner of orders prejudicial to revenue - Assessee Charitable Trust ITA Nos. 1828 to 1831/Mum/2022 Mumbai Education Trust; A.Y. 08-09 to 11-12 running large number of Institutions claimed exemption u/s. 11- For A.Y. 2000-01 and 2001-02, assessee filed 'Nil' return of income on 31-10-2001 claiming exemption of income-AO held that amount given

DY.CIT (E) -2(1) , MUMBAI vs. MUMBAI EDUCATIONAL TRUST, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Rahul Chaudhary, Jm

Revision by commissioner of orders prejudicial to revenue - Assessee Charitable Trust ITA Nos. 1828 to 1831/Mum/2022 Mumbai Education Trust; A.Y. 08-09 to 11-12 running large number of Institutions claimed exemption u/s. 11- For A.Y. 2000-01 and 2001-02, assessee filed 'Nil' return of income on 31-10-2001 claiming exemption of income-AO held that amount given

DY.CIT (E) -2(1) , MUMBAI vs. MUMBAI EDUCATIONAL TRUST, MUMBAI

Bench: Shri Prashant Maharishi, Am & Shri Rahul Chaudhary, Jm

Revision by commissioner of orders prejudicial to revenue - Assessee Charitable Trust ITA Nos. 1828 to 1831/Mum/2022 Mumbai Education Trust; A.Y. 08-09 to 11-12 running large number of Institutions claimed exemption u/s. 11- For A.Y. 2000-01 and 2001-02, assessee filed 'Nil' return of income on 31-10-2001 claiming exemption of income-AO held that amount given

LIVLONG INSURANCE BROKERS LIMITED ,MUMBAI vs. PCIT -4 , MUMBAI

charitable trust for which the assessee has claimed 50% of the total\ndonation paid as deduction u/s.800 of the Act. Prior to the Finance (No.2) Act, 2014,\nthe said expenditure was claimed as ‘business expenditure' u/s.37(1) of the Act where\nafter the insertion of Explanation 2 to section 37(1) of the Act, the CSR expenses\nreferred

A.K. CAPITAL SERVICES LIMITED ,MUMBAI vs. PCIT, MUMBAI

In the result, the appeal filed by the assessee is allowed

Bench: Shri Sandeep Gosain, () & Shri Prabhash Shankar, ()

263, of the Income-tax Act, 1961 - Deductions - Donations to certain funds, charitable institutions, etc. (CSR) - Assessment year 2018-19 - Assessee contributed certain sum as part of CSR towards various charitable trusts and claimed same as deduction under section 80G - Whether Explanation 2 to section 37(1) which denies deduction for CSR ITA No.2959/Mum/2025

VIGHNAHARATA TRUST,MUMBAI vs. CIT (EXEMPTION), MUMBAI

Accordingly, the appeal filed by the assessee is allowed

Bench: Shri Prashant Maharishi, Am & Ms Kavitha Rajagopal, Jm Vighnaharata Trust Cit (Exemption) 1605/06 Hurrah, City Of Joy, Room No-617, 6Th Floor, Near Railway Station, Lbs Piramal Chamber, Lalbaug, Vs. Marg, Mulund West, Mumbai- Parel, Mumbai- 400 012 400 080 (Appellant) (Respondent) Pan No. Aaatv8040K Assessee By : Shri. Rajeev Khandelwal Revenue By : Shri. Achal Sharma Cit Dr Date Of Hearing: 02.11.2022 Date Of Pronouncement: 15.12.2022

charitable trust. Assessee originally filed its return of income on 24/4/2012. Assessee filed its return of income in ITR – 7. In the return of income assessee disclosed the deficit of ₹ 53,022,672/– accompanied by income and expenditure account, balance sheet and audit report in form number 10 B of the act. This return of income filed by the assessee

ADITYA BIRLA EDUCATION TRUST,MUMBAI vs. COMMISSIONER OF INCOME TAX (EXEMPTION), MUMBAI

In the result, the appeal of the assessee bearing ITA No

Bench: Shri Vikram Singh Yadav & Shri Anikesh Banerjee

revised trust deed was approved the Charity Commissioner on September 02, 2024. 3.2 In view of the modification of the object clause of the trust deed, the assessee made an application before the Ld. CIT(E) for approval of the modified objects as required u/s. 12A(1)(ac)(v) on December 24, 2024. The Ld. CIT(E) has by order

JEEVANDEEP EDUMEDIA PRIVATE LIMITED,MUMBAI vs. PRINCIPLE CIT-6, MUMBAI

In the result, the a In the result, the appeal of the assessee is stands allowed

Bench: Shri Om Prakash Kant () & Ms. Kavitha Rajagopal () Assessment Year: 2020-21 Jeevandeep Edumedia Pvt. Ltd., Pr. Cit-6, 1St Floor, Sun Paradise Business 501,5Th Floor, Aayakar Bhavan, Plaza, Senapati Bapat Marg, Vs. Maharishi Karve Road, Lower Parel (West), Mumbai-400020. Mumbai-400013. Pan No. Aabcj 0180 G Appellant Respondent

revision order u/s 263 of the Income Tax Act, 1961 dated 17.03.2025, whereby the assessment order dated 09.09.2022 (on dated 17.03.2025, whereby the assessment order dated 09.09.2022 (on dated 17.03.2025, whereby the assessment order dated 09.09.2022 (on disallowance of donation claimed u/s 80G of the Income Tax Act disallowance of donation claimed u/s 80G of the Income Tax Act disallowance

SIR RATAN TATA TRUST,MUMBAI SUBURBAN vs. ADDITIONAL /JOINT/DEPUTY/ASSISTANT COMMISSIONER OF INCOME TAX, NFAC, MUMBAI

In the result, both the appeals of the assessee in both AY 2014-15 and AY

Bench: Ms Padmavathy S, Am & Shri Rahul Chaudhary, Jm

charitable or business institution. In view of the above provisions and the factual findings discussed in earlier paragraphs the benefit of Section 11 or Section 12 cannot be given to the assessee trust in respect of its entire income. Accordingly, the exemption u/s. 11 claimed by assessee trust is, hereby, denied.” 27. The ld. AR submitted that the provisions

SIR RATAN TATA TRUST,MUMBAI SUBURBAN vs. DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION)-2(1), MUMBAI

In the result, both the appeals of the assessee in both AY 2014-15 and AY

Bench: Ms Padmavathy S, Am & Shri Rahul Chaudhary, Jm

charitable or business institution. In view of the above provisions and the factual findings discussed in earlier paragraphs the benefit of Section 11 or Section 12 cannot be given to the assessee trust in respect of its entire income. Accordingly, the exemption u/s. 11 claimed by assessee trust is, hereby, denied.” 27. The ld. AR submitted that the provisions

DCIT (E)-2(1), MUMBAI vs. SIR DORABJI TATA TRUST, MUMBAI

In the result, appeal of the revenue is dismissed

Charitable Organization with DIT(Exemption), Mumbai u/s 12A of the Income Tax Act, 1961 (hereinafter “the Act”) dated 07.10.2009. Later, the return of income was taken up for scrutiny and original assessment u/s 143(3) of the Act was completed by AO by passing the assessment order dated 30.12.2019 which was set aside by the Ld. CIT(E) exercising

SAURASHTRA TRUST,MUMBAI vs. COMMISSIONER OF INCOME TAX (EXEMPTIONS) , MUMBAI

In the result, the appeal of the assessee is allowed

charitable character within the meaning of section 2(15) and u/s 13(8) of the Act for the assessment year in question and the AO held “therefore reject this claim of the assessee and hold that the assessee trust is not eligible for any benefit and/or exemption u/s 11 and accordingly tax the entire income of the assessee trust denying

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

charitable institution engaged in the educational activity and is running a school at Goregaon, 2 Oberoi Foundation Mumbai. The assessee institution is approved u/s. 10(23C) of the Act by the Chief CIT. The assessee is also registered u/s. 12AA of the Act. The return of income for A.Y. 2014-15 was filed on 26.09.2014 in which the assessee