ITO (E)-II(1), MUMBAI vs. KALYANI CARTIABLE TRUST, MUMBAI

In the result, appeal of the Revenue is dismissed

Bench: Shri R.C.Sharma, Am & Shri Ravish Sood, Jm (Assessment Year :2010-11 Ito (E)-Ii(1), Mumbai Vs. M/S. Kalyani Charitable Trust, C/O. Ravi Communication, Jj Hospital Campus, Byculla, Mumbai- 400008 Pan/Gir No. Aaatk3179R Appellant) .. Respondent)

Charitable Trust 5. By the impugned order CIT(A) deleted the addition after observing as under:- 4.3 I have carefully considered the submissions of the appellant- assessment order and facts and circumstances of the case on this issue. It seems that the, AO was not satisfied with the reconciliation of amounts appearing at Rs.6.00 Cr. In the ledger account

DCIT CIR 1(4) , MUMBAI vs. ANANDILAL & GANESH PODAR SOCIETY, MUMBAI

In the result, all the appeals of the revenue are dismissed

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Charitable Trust 19 ITA.No. 713/Mum/2020 (A.Y.2011-12) ITA NOs. 1791, 1790, 1792 & 1889/MUM/2021& Other appeals Anandilal and Ganesh Podar Society & other group concerns 15:32 To sum up, on the issue of siphoning of funds by the Donee Trusts, there is no adverse observation by the AO in the Remand Report. In the case of DCIT VS Mohan Proteins Ltd, (ITAT

DCIT CIR 1(4) , MUMBAI vs. ANANDILAL & GANESH PODAR SOCIETY, MUMBAI

In the result, all the appeals of the revenue are dismissed

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Charitable Trust 19 ITA.No. 713/Mum/2020 (A.Y.2011-12) ITA NOs. 1791, 1790, 1792 & 1889/MUM/2021& Other appeals Anandilal and Ganesh Podar Society & other group concerns 15:32 To sum up, on the issue of siphoning of funds by the Donee Trusts, there is no adverse observation by the AO in the Remand Report. In the case of DCIT VS Mohan Proteins Ltd, (ITAT

DCIT CIR 1(4) , MUMBAI vs. ANANDILAL & GANESH PODAR SOCIETY, MUMBAI

In the result, all the appeals of the revenue are dismissed

Bench: Shri Aby T. Varkey, Hon'Ble & Shri S. Rifaur Rahman, Hon'Ble

Charitable Trust 19 ITA.No. 713/Mum/2020 (A.Y.2011-12) ITA NOs. 1791, 1790, 1792 & 1889/MUM/2021& Other appeals Anandilal and Ganesh Podar Society & other group concerns 15:32 To sum up, on the issue of siphoning of funds by the Donee Trusts, there is no adverse observation by the AO in the Remand Report. In the case of DCIT VS Mohan Proteins Ltd, (ITAT

M/S. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST,MUMBAI vs. DCIT, CENTRAL CIRCLE-4, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

ITO (E) 1(3), MUMBAI vs. FREE TRADE UNION, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

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

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

ASST CIT CC 43, MUMBAI vs. FREE TRADE UNION MULTIPURPOSE PROJECT TRUST, MUMBAI

Bench: Sri Mahavir Singh, Jm & G. Manjunatha, Am

Charitable Trust Vs. CIT 246 ITR 452 (Guj) j) Trustees of Kilachand Foundation 172 ITR 0382 (Bom) k) CIT vs Eternal Science of Man’s society 128 ITR 456 (Del)” 14. We have heard both the parties, perused materials on record and gone through orders of authorities below. It is an admitted fact that exemption u/s 11 has been denied

AMISH ANANTRAI MODI,MUMBAI vs. DY CTI-CC-2(1), MUMBAI

Bench: Shri Kuldip Singh & Shri S. Rifaur Rahman

money in cash after deducting commission at 3% of the donation amount to the doner which fact was admitted by one of the trustee namely Subash Kadam during recording of his statement under section 131 on 10.11.2014 by DDIT (Inv.), unit 2(4), Mumbai. The assessee namely Amish A. Modi is one of such persons who has provided accommodation entry