DY COMMISSIONER OF INCOME TAX (EXEMPTION)-2(1), MUMBAI vs. SHREE SAI BABA SANSTHAN TRUST (SHIRDI), MUMBAI

In the result, the appeal filed by the assessee is allowed and the\nappeal of the Revenue is dismissed

charitable and religious trust, received anonymous donations. The Assessing Officer (AO) reopened the assessment for AY 2013-14, believing income had escaped assessment under Section 115BBC of the Income Tax Act. The assessee challenged the reopening, which was upheld by the CIT(A). The assessee also claimed deduction for accumulation of income under Section 11(2) on gross receipts, which

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

153 of the Income-tax Act, 1961 ('the Act') were initiated by the DCIT, Central Circle-2(3), Mumbai in case of the Assessee u/s. 153A of the Act. Accordingly, assessment proceedings for AY 2015-16 were completed by passing order u/s. 153C r.w.s. 143(3) of the Act. 3. In response to notice under section 153A

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

In the result, the appeal is allowed

charitable objects. Further, the assessee submits that virtually all the shares held by it today (except shares received as bonus) were held by it prior to enactment of Income-tax Act,1961 Even the conduct shows that the Two held these shares for more than 45 years at least. 5) There has been no change in the above position

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

In the result, the appeal is allowed

charitable objects. Further, the assessee submits that virtually all the shares held by it today (except shares received as bonus) were held by it prior to enactment of Income-tax Act,1961 Even the conduct shows that the Two held these shares for more than 45 years at least. 5) There has been no change in the above position

MUMBAI METROPLITAN REGION DEVELOPMENT AUTHORITY,MUMBAI vs. DDIT (E) -1(1), MUMBAI

In the result, appeal filed by the assessee is partly allowed and revenue is dismissed

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

Trust and applicability of section 11(4A) of the Act? The findings of the CIT(A) on the aforesaid questions and the submission of the Appellant with respect to each of the issues are discussed as under — a.) Whether Activities of the Appellant could be considered as 'charitable purpose'? Finding of the CIT(A): The CIT(A) held that

MUMBAI METROPLITAN REGION DEVELOPMENT AUTHORITY,MUMBAI vs. DDIT (E) -1(1), MUMBAI

In the result, appeal filed by the assessee is partly allowed and revenue is dismissed

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

Trust and applicability of section 11(4A) of the Act? The findings of the CIT(A) on the aforesaid questions and the submission of the Appellant with respect to each of the issues are discussed as under — a.) Whether Activities of the Appellant could be considered as 'charitable purpose'? Finding of the CIT(A): The CIT(A) held that

MUMBAI METROPLITAN REGION DEVELOPMENT AUTHORITY,MUMBAI vs. DDIT (E) -1(1), MUMBAI

In the result, appeal filed by the assessee is partly allowed and revenue is dismissed

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

Trust and applicability of section 11(4A) of the Act? The findings of the CIT(A) on the aforesaid questions and the submission of the Appellant with respect to each of the issues are discussed as under — a.) Whether Activities of the Appellant could be considered as 'charitable purpose'? Finding of the CIT(A): The CIT(A) held that

MUMBAI METROPLITAN REGION DEVELOPMENT AUTHORITY,MUMBAI vs. DDIT (E) -1(1), MUMBAI

In the result, appeal filed by the assessee is partly allowed and revenue is dismissed

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

Trust and applicability of section 11(4A) of the Act? The findings of the CIT(A) on the aforesaid questions and the submission of the Appellant with respect to each of the issues are discussed as under — a.) Whether Activities of the Appellant could be considered as 'charitable purpose'? Finding of the CIT(A): The CIT(A) held that

MUMBAI METROPLITAN REGION DEVELOPMENT AUTHORITY,MUMBAI vs. DDIT (E) -1(1), MUMBAI

In the result, appeal filed by the assessee is partly allowed and revenue is dismissed

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

Trust and applicability of section 11(4A) of the Act? The findings of the CIT(A) on the aforesaid questions and the submission of the Appellant with respect to each of the issues are discussed as under — a.) Whether Activities of the Appellant could be considered as 'charitable purpose'? Finding of the CIT(A): The CIT(A) held that

DCIT CC 8( 2) MUMBAI, MUMBAI vs. JASLOK HOSPITAL AND RESEARCH CENTRE, MUMBAI

In the result, the cross objection filed by the assessee is allowed, and the assessment order dated 25

Bench: SHRI SANDEEP SINGH KARHAIL (Judicial Member), SHRI MAKARAND VASANT MAHADEOKAR (Accountant Member)

charitable activities - in accordance with section 2(15); That rejection of approval under section 10(23C)(via) in - earlier years disentitled the assessee from exemption under section 11; That there were serious discrepancies in billing and - accounting as pointed out in the special audit report. 7. The Assessing Officer further made the following additions: - Addition

ITO (E) -I(1), MUMBAI vs. DR..D.Y PATIL SPORTS ACADEMY, MUMBAI

The appeals of the Revenue are dismissed

Bench: Shri Joginder Singh & Shri Ashwani Taneja

charitable trust, established in December, 2000, with the object of promoting and developing sports, health and fitness awareness and also to impart coaching and training in various sports activities along with conducting sports competition, arranging tournaments, etc. The assessee trust is registered with the charity Commissioner vide order dated 23/02/2001 and also registered with the Department

NALIN VYAS (THROUGH LEGAL HEIR BRIJESH VYAS),VIRAR vs. ITO 4 (3), THANE

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

charitable trust] to the assessee’s AO [ITO – 4(3] vide letter dated 03.03.2017 which was received by ITO-4(3) on 15.03.2017. And pursuant thereto, the AO of the assessee again recorded his satisfaction on 30.03.2017 to proceed against the assessee and issued notice to the assessee on 28.07.2017 and subsequently, framed the assessment under section 153C/143

NALIN VYAS (THROUGH LEGAL HEIR BRIJESH VYAS),VIRAR vs. ITO 4 (3), THANE

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

charitable trust] to the assessee’s AO [ITO – 4(3] vide letter dated 03.03.2017 which was received by ITO-4(3) on 15.03.2017. And pursuant thereto, the AO of the assessee again recorded his satisfaction on 30.03.2017 to proceed against the assessee and issued notice to the assessee on 28.07.2017 and subsequently, framed the assessment under section 153C/143

NALIN VYAS (THROUGH LEGAL HEIR BRIJESH VYAS),VIRAR vs. ITO 4 (3), THANE

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

charitable trust] to the assessee’s AO [ITO – 4(3] vide letter dated 03.03.2017 which was received by ITO-4(3) on 15.03.2017. And pursuant thereto, the AO of the assessee again recorded his satisfaction on 30.03.2017 to proceed against the assessee and issued notice to the assessee on 28.07.2017 and subsequently, framed the assessment under section 153C/143

NALIN VYAS (THROUGH LEGAL HEIR BRIJESH VYAS),VIRAR vs. ITO 4 (3), THANE

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

charitable trust] to the assessee’s AO [ITO – 4(3] vide letter dated 03.03.2017 which was received by ITO-4(3) on 15.03.2017. And pursuant thereto, the AO of the assessee again recorded his satisfaction on 30.03.2017 to proceed against the assessee and issued notice to the assessee on 28.07.2017 and subsequently, framed the assessment under section 153C/143

NALIN VYAS (THROUGH LEGAL HEIR BRIJESH VYAS),VIRAR vs. ITO 4 (3), THANE

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

charitable trust] to the assessee’s AO [ITO – 4(3] vide letter dated 03.03.2017 which was received by ITO-4(3) on 15.03.2017. And pursuant thereto, the AO of the assessee again recorded his satisfaction on 30.03.2017 to proceed against the assessee and issued notice to the assessee on 28.07.2017 and subsequently, framed the assessment under section 153C/143

NALIN VYAS (THROUGH LEGAL HEIR BRIJESH VYAS),VIRAR vs. ITO 4 (3), THANE

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

charitable trust] to the assessee’s AO [ITO – 4(3] vide letter dated 03.03.2017 which was received by ITO-4(3) on 15.03.2017. And pursuant thereto, the AO of the assessee again recorded his satisfaction on 30.03.2017 to proceed against the assessee and issued notice to the assessee on 28.07.2017 and subsequently, framed the assessment under section 153C/143

DCIT (E) 2(1), MUMBAI vs. MUMBAI RAILWAY VIKAS CORPN LTD, MUMBAI

153) (b) Hon'ble ITAT Amritsar in the case of Jalandhar Development Authority Vs. CIT (35 SOT 15). (c) Chandigarh Bench in the case of Punjab Urban Planning and Development Authority (156 Taxmann 37). (d) Goa Industrial Development Corporation Vs. CIT, Panaji dated 22.06.2012. (e) ITAT Cochin Bench in the case of Greater Cochin Development Authority

RENEWED HOPE COMMUNITY TRUST,NEW PANVEL vs. COMMISSIONER OF INCOME TAX EXEMPTIONS PUNE, PUNE

In the result, Appeal of the assessee is allowed for statistical purposes

Bench: Shri Prashant Maharishi, Am & Shri Sunil Kumar Singh, Jm Renewed Hope Community Commissioner Of Income Trust Tax Exemption Pune 322, 3Rd Floor, Income Tax 42, Vighnaharta Enclave, Matheran Road, Office Vs. New Panvel, Pmt Building, Swargate, Navi Mumbai, Thane- Shankar Sheth Road, 410206 Pune-411037 (Appellant) (Respondent) Pan No. Aaetr5822

trust were primarily charitable rather than favouring any specific religious community, CIT(E) was not justified in denying registration under Section 12A, by invoking Section 13(1)(b) as said provisions would be attracted only at time of assessment and not at time of grant of registration. In the case of Malik Hasmullah Islamic Educational and Welfare Society