DCIT CENT. CIR1(4) , MUMBAI vs. PODAR EDUCATION & SPORTS TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CENT. CIR.1(4), MUMBAI vs. PODAR EDUCATION & SPORTS TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR 1(4), MUMBAI vs. PODAR EDUCATION TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR 1(4) , MUMBAI vs. PODAR EDUCATION & SPORTS TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR 1(4) , MUMBAI vs. PODAR EDUCATION TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR1(4) , MUMBAI vs. PODAR EDUCATION AND SPORTS TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CENT. CIR 1(4) , MUMBAI vs. PODAR EDUCATION TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR 1(4), MUMBAI vs. PODAR EDUCATION TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR 1(4), MUMBAI vs. PODAR EDUCATION TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CIR 1(4), MUMBAI vs. PODAR EDUCATION TRUST, MUMBAI

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

DCIT CENT. CIR 1(40, MUMBAI vs. PODAR EDUCATION AND SPORTS TRUSTS, BENGALURU

Accordingly, all 11 appeals filed by the learned assessing officer are dismissed

Bench: Shri Amit Shukla, Jm & Shri Prashant Maharishi, Am

6 to show that the trust is engaged in perusal of educational activities and further, the trust to which the donation is given is also engaged in educational activities. The page no. 15 of the Paper Book was also shown that the Donee trust is an education society eligible for deduction under Section 80G of the Act. In view

ESTATE OF VANDRAVAN P SHAH,MUMBAI vs. ASSISTANT COMISSIONER OF INCOME TAX, CIRCLE 19(3), MUMBAI

In the result all the three captioned appeals are dismissed

Bench: Sandeep Gosain () & Shri Om Prakash Kant ()

section 133(6) was attempted in respect of the donee Trust; however, the 133(6) was attempted in respect of the donee Trust; however, the 133(6) was attempted in respect of the donee Trust; however, the notice was returned unserved with th notice was returned unserved with the remark “Trust left”. e remark “Trust left”. Accordingly, the assessee

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

6) and (7) to Section 11, it may be added, is effective from 1st April 2015, and, therefore, the tax exemption under section 10(34), so far as the present assessment year is concerned, cannot be disturbed. In any event, since the income from dividends was exempt under section 10(34), as the aforesaid amendments had not come into effect

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

6) and (7) to Section 11, it may be added, is effective from 1st April 2015, and, therefore, the tax exemption under section 10(34), so far as the present assessment year is concerned, cannot be disturbed. In any event, since the income from dividends was exempt under section 10(34), as the aforesaid amendments had not come into effect

PEGASUS PROPERTIES P. LTD.,PUNE vs. DY CIT, CC-2(3), MUMBAI

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

Bench: Shri S. Rifaur Rahman, Hon'Ble & Shri Pavan Kumar Gadale, Hon'Ble

section 12AA and 806 of the Act CIT vs Society for Promn, of Edn (2016) 382 ITR 6 (SC) S. Lanka Singh Bahra Charitable Trust vs CIT (2011) 133

RATAN TATA TRUST,MUMBAI vs. CIT (E), MUMBAI

In the result, the appeal is allowed

charitable institution under section 12A of the Income Tax Act, 1961. The assessee trust had filed its return of income on 30th September 2014, and its assessment, under section 143(3) of the Act, was completed on 30th December 2016 determining ‘Nil’ taxable income. Subsequently, however, learned Commissioner of Income Tax (Exemptions) [hereinafter referred to as ‘the Commissioner’] issued

MUNIWAR ABAD CHARITABLE TRUST,MUMBAI vs. DY DIRECTOR OF INCOME TAX (EXEMPTIONS) - I(1), MUMBAI

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

Bench: Shri B.R. Baskaran (Am) & Shri Ramlal Negi (Jm)

Trust This activity that is acquired the land and sale the same without developing is also incidental to the business of builder/ developer. The assessee is also doing the same thing. In view of the above the contention of the assessee that it is not engaged in any commercial activity cannot be acceptable. ii) From the plain reading

J.R.D TATA TRUST ,MUMBAI vs. CIT (E), MUMBAI

In the result, the appeal is allowed

charitable institution under section 12A of the Income Tax Act, 1961. The assessee trust had filed its return of income on 30th September 2014, and its assessment, under section 143(3) of the Act, was completed on 30th December 2016 determining ‘Nil’ taxable income. Subsequently, however, learned Commissioner of Income Tax (Exemptions) [hereinafter referred to as ‘the Commissioner’] issued