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4 results for “charitable trust”+ Section 273Bclear

Sorted by relevance

Karnataka21Bangalore15Chennai10Mumbai4Hyderabad4Jodhpur3Kolkata3Jaipur2Raipur1Cuttack1Kerala1Nagpur1Ahmedabad1

Key Topics

Section 271B7Section 269S7Section 271D6Penalty4Section 12A3Addition to Income3Section 1472Section 2632Section 1482Section 272A(2)(e)

THE UNIVERSITY OF MUMBAI,MUMBAI vs. ADDL. DIR. OF INCOME TAX-(EXEMPITION)-RG.-2, MUMBAI

In the result, assessee appeal is allowed

ITA 1465/MUM/2020[2010-11]Status: DisposedITAT Mumbai12 Nov 2021AY 2010-11

Bench: Shri Shamim Yahya (Am) & Shri Saktijit Dey (Jm)

For Respondent: Shri S.N.Kabra
Section 10Section 10(22)Section 104Section 143Section 148Section 272A(2)(e)

Charitable Trust vs CIT(E) 290 ITR 99 Hon’ble Delhi Court has held that where assessee did not file return of income on the initial advice of its chartered accountant that it was not required to file any return for the relevant assessment years. Therefore, there was reasonable cause within the meaning of section 273B

2
Charitable Trust2
Exemption2

ACIT CENT.CIR-2(1) , , MUMBAI vs. M/S. LILAVATI KIRTILAL MEHTA MEDICAL TRUST, MUMBAI

In the result, Revenue’s appeal stands dismissed

ITA 1568/MUM/2021[2018-19]Status: DisposedITAT Mumbai30 Aug 2022AY 2018-19

Bench: Shri Amit Shukla & Shri Gagan Goyal

For Appellant: Smt. Shailja Rai, CIT-DRFor Respondent: Sh. Vijay Mehta
Section 12ASection 131Section 250Section 269SSection 271D

273B provides that notwithstanding anything contained in the provisions of section 271D no penalty shall be imposable on the person for any failure referred to in the said provision if he proves that there was reasonable cause for such failure then the penalty may not be levies. 11 ITA No. 1568 & 1569/Mum/2021- M/s Lilavati Kirtilal Mehta Medical Trust

VIGHNAHARTHA TRUST,MUMBAI vs. DY. CIT (EXEMPTION) CIRCLE 2, MUMBAI

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

ITA 3324/MUM/2023[2011-12]Status: DisposedITAT Mumbai01 Mar 2024AY 2011-12

Bench: Shri Pavan Kumar Gadale & Shri S Rifiaur Rahmanvighnahartha Trust, Vs. Dcit(Exemp)C-2, 1605/1606, Hurrah Cumballa Hill, Building City Of Joy, Mntl Te Building, Mulund West, Pedder Road, Mumbai-400080. Dr G.D Marg, Mumbai- 400026. "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatv8040K Appellant .. Respondent Assessee By : Shri Rajeev Khandelwal.Ar Revenue By : Shri Ujjwalkumarchavhan.Sr.Dr Date Of Hearing 06.02.2024 Date Of Pronouncement 01.03.2024 आदेश / O R D E R Per Pavan Kumar Gadale Jm: The Appeal Is Filed By The Assessee Against The Order Of The National Faceless Appeal Centre (Nfac) – Delhi / Cit(A) U/S 271B & 250 Of The Act. The Assessee Has Raised The Following Grounds Of Appeal:

For Appellant: Shri Rajeev Khandelwal.ARFor Respondent: Shri UjjwalkumarChavhan.Sr.DR
Section 12ASection 143(3)Section 147Section 148Section 2(13)Section 263Section 271BSection 273BSection 44A

section 273B of the Act inasmuch as the appellants being a charitable trust, though not a registered charitable trust, were

ST ANTHONY'S INSTITUTE,MUMBAI vs. ADDL CIT (TDS) RG 3, MUMBAI

In the result, appeal of the assessee stands allowed

ITA 7756/MUM/2014[2009-10]Status: DisposedITAT Mumbai03 Aug 2016AY 2009-10

Bench: Shri B R Baskaran & Shri Amit Shukla

Section 200(3)Section 206Section 271A(2)(k)Section 272ASection 272A(2)(k)

charitable institution and it’s income is exempt from taxation. It is not carrying on any activity for profit. From AY 2010-11 till dated there has been no delay in filing the returns. In subsequent years the returns were filed in time and no penalties have been levied on the assessee trust. The trust has been regular in filing