DEPUTY COMMISSIONER OF INCOME TAX EXEMPTIONS 2 1 MUMBAI, MUMBAI vs. NEHRU CENTRE, MUMBAI

In the result, appeals filed by the revenue are partly allowed\nfor statistical purposes

house property and thus the\nprovisions of section 11(4A) and proviso to section 2(15) will\nnot apply in the assessee

DCIT(E)-2(1), MUMBAI vs. NEHRU CENTRE, MUMBAI

In the result, appeal filed by the revenue is dismissed

Bench: Shri S. Rifaur Rahman, Hon'Ble & Shri Pavan Kumar Gadale, Hon'Bledcit (E) – 2(1) V. Nehru Centre Room No. 519, 5Th Floor Discovery Of India Building Piramal Chambers, Lalbaug 13Th Floor, Dr. Annie Besant Road Worli, Mumbai - 400018 Mumbai – 400 012 Pan: Aaatn2536J (Appellant) (Respondent) Assessee By : Shri Dilip Thakkar Department By : Shri Dilipkumar Shah

house property and thus the provisions of section 11(4A) and proviso to section 2(15) will not apply in the assessee

ASST CIT (E) I(1),MUMBAI vs. INSTITUTE OF CHEMICAL TECHNOLOGY, MUMBAI

In the result, Revenue’s appeal is allowed

Bench: Shri B.R.Baskaran, Am & Shri Lalit Kumar, Jm

property held under trust” includes a business undertaking so held, and where a claim is made that the income of any such undertaking shall not be included in the total income of the persons in receipt thereof, the 7 ITA No.3808/Mum/2015. Institute of Chemical Technology. [Assessing] Officer shall have power to determine the income of such undertaking in accordance with

ASSISTANT COMMISSIONER OF INCOME TAX-23(3), MUMBAI vs. VISHAL DILIP SANKHE, MUMBAI

In the result, the appeal of Revenue is dismissed

Bench: Shri Joginder Singh & Shri G. Manjunathaassessment Year : 2012-13

section 56(2)(v) by the assessing officer can be corrected u/s. 292B of the IT Act and the income is to be assessed u/s 56(2)(vii)(a) of the IT Act." 3. "On the facts and circumstances of the case and in law, the Ld. CIT(A) failed to appreciate that the sale price for shares of PBPL

ST. JOSEPH'S EDUCATION AND MEDICAL RELIEF SOCIETY ,MUMBAI vs. ASSTT. DIRECTOR OF INCOME TAX -(E)-II(1), MUMBAI

In the result appeals filed by the assessee for all the years\nunder consideration stands allowed

property held in\ntrust for charitable purposes. It is submitted that the assessee\ninvested the amounts in fixed deposit over period of Time, which is\npermitted mode under section 11 (5) of the act. It is submitted that,\nthe amount is out of accumulation of income under section 11, and\nalso account of receipt from corporate donations. The Ld.AR thus

MANJU RAKESH JAIN,MUMBAI vs. PCIT, MUMBAI-20, MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Shri Om Prakash Kant () & Shri Sandeep Singh Karhail () Assessment Year: 2020-21 Manju Rakesh Jain, Pcit, Mumbai-20 704-A, Highland Park, Lokhanwala 418, 4Th Floor, Piramal Chambers, Vs. Complex, Andheri West, Lalbaug, Parel, Mumbai-400058. Mumbai-400012. Pan No. Aaepj 9613 N Appellant Respondent

property income if the same is allowable under the relevant provisions of the if the same is allowable under the relevant provisions of the if the same is allowable under the relevant provisions of the Act. In this case Act. In this case, interest income has been received from , interest income has been received from Sanyam Sanyam Sanyam Realtors Realtors

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

DEPUTY COMMISSIONER OF INCOME TAX EXEMPTIONS 2(1), MUMBAI, MUMBAI vs. NEHRU CENTRE, MUMBAI

In the result, appeal filed by the revenue is partly allowed for statistical purposes

Bench: Shri. Prashant Maharishi & Shri. Raj Kumar Chauhan & & Deputy Commissioner Of Vs. Nehru Centre Income Tax Exemptions 2(1), 13Th Floor, Discovery Of Mumbai India Building, Dr 603, 6Th Floor, Mtnl Annie Besant Road, Telephone Exchange Worli, Mumbai – Building, Dr. Gd Deshmukh 400018. Marg, Peddar Road, Cumbala Pan: Aaatn2536J Hill, Mumbai – 400026. (Appellant) (Respondent)

house property and thus the provisions of section 11(4A) and proviso to section 2(15) will not apply in the assessee

DEPUTY COMMISSIONER OF INCOME TAX EXEMPTIONS 2(1), MUMBAI, MUMBAI vs. NEHRU CENTRE, MUMBAI

In the result, appeal filed by the revenue is partly allowed for statistical purposes

Bench: Shri. Prashant Maharishi & Shri. Raj Kumar Chauhan & & Deputy Commissioner Of Vs. Nehru Centre Income Tax Exemptions 2(1), 13Th Floor, Discovery Of Mumbai India Building, Dr 603, 6Th Floor, Mtnl Annie Besant Road, Telephone Exchange Worli, Mumbai – Building, Dr. Gd Deshmukh 400018. Marg, Peddar Road, Cumbala Pan: Aaatn2536J Hill, Mumbai – 400026. (Appellant) (Respondent)

house property and thus the provisions of section 11(4A) and proviso to section 2(15) will not apply in the assessee

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

NANDLAL TOLANI CHARITABLE TRUST,MUMBAI vs. ITO (EXEMPTION), WARD-2(1), MUMBAI

In the result, appeal filed is dismissed in the above terms

house property let out assesse, and toward which it has (subsequently) a single precise ground. The claim is, by all counts, without merit. This is for the simple reason that the income of a charitable trust or institution, subject to its application for charitable purposes, for which it has been in fact formed (per its Constituting charter) is exempt from

NATIONAL INSTITUTE OF CONSTRUCTION MANAGEMENT & RESEARCH,MUMBAI vs. CIT (EXEMPTION), MUMBAI

Appeal stands disposed off as partly allowed for statistical purposes

house training programme, and consultancy activities were part of educational activities. There is no change in facts. The activities of the Appellant being educational activities, the question of treating them as separate business and maintaining separate books of account for the purpose of Section 11(4A) of the Act did not arise. 5.3 The Learned Senior Counsel relied upon

DR. PRABHA ATRE FOUNDATION,MUMBAI vs. INCOME TAX EXEMPTION WARD 1(2), MUMBAI, MUMBAI

In the result, appeal of the assessee is allowed

Bench: Sandeep Singh Karhail & Shri Girish Agrawalassessment Year: 2020-21

property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes, or of income being voluntary contributions referred to in subclause (iia) of clause (24) of section 2, shall, if the total income in respect of which he is assessable as a representative assessee (the total income for this purpose

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

DCIT CENTRAL CIRCLE 7 (1) , MUMBAI vs. RAMRAO ADIK EDUC SOCIETY, MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\nof search as per the proviso to section 153C

RAMRAO ADIK EDUCATION SOCIETY ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX CENTRAL CIRCLE 7(1), MUMBAI

Accordingly. The ground raised by the revenue is partly allowed for\nstatistical purposes

house of one of the\nemployees, the assessment in assessee's case was initiate by issue of notice under\nsection 153C. It is the claim of the assessee that the satisfaction note in assessee's\ncase was recorded only on 06.08.2018 and the said is to be considered as the date\n9\nITA Nos.1509 to 1515 & 2270 to 2276/Mum/2025\nRamrao