THE NEPHROLOGY SOCIETY,NAGPUR vs. CIT EXEMPTION, PUNE
In the result, assessee’s appeal stands dismissed
ITA 339/NAG/2024[N.A]Status: DisposedITAT Nagpur21 Mar 2025
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Kapil HiraniFor Respondent: Shri Sandipkumar Salunke
Section 12ASection 12A(1)(ac)Section 2(15)Section 36A(3)
36A(3) of Maharashtra Public Trust Act,
1950 since the money obtained from the trustee was already repaid and further the money obtained cannot be termed as loan but merely a short term provisioning to incur the expenses and to undertake the activities where the prior permission is required from the Hon'ble Charity Commissioner.
The appellant craves leave
