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3 results for “charitable trust”+ Addition to Incomeclear

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Key Topics

Section 115Section 11(1)(a)3Exemption3Addition to Income3Section 122Charitable Trust2

COMNR.OF INCOME TAX vs. SIKHYA O ANUSANDHAN

ITA/34/2013HC Orissa03 Jan 2023

Bench: The Itat Against The Respondent-Assessee For The Assessment Years (Ays) 2007-08 Till 2012-13.

Section 11Section 11(1)(a)Section 12

Charitable Trust v. Union of India (2010) 327 ITR 73 (P & H). Reference was again made to the decision of the Supreme Court of India in Aditanar Educational Institution v. Additional CIT (1997) 224 ITR 310 (SC). 5. In the impugned order, the ITAT has concurred with the CIT(A) and that the conclusion was based on the various decisions

COMMISSIONER OF INCOME TAX, vs. SIKHYA\"O\"ANUSANDHAN

ITA/17/2015HC Orissa03 Jan 2023

Bench: The Itat Against The Respondent-Assessee For The Assessment Years (Ays) 2007-08 Till 2012-13.

Section 11
Section 11(1)(a)
Section 12

Charitable Trust v. Union of India (2010) 327 ITR 73 (P & H). Reference was again made to the decision of the Supreme Court of India in Aditanar Educational Institution v. Additional CIT (1997) 224 ITR 310 (SC). 5. In the impugned order, the ITAT has concurred with the CIT(A) and that the conclusion was based on the various decisions

ACIT, CIRCLE 1(2) vs. M/S. SERAJUDDIN AND CO.

ITA/44/2022HC Orissa15 Mar 2023

Bench: : The Hon’Ble Justice T.S. Sivagnanam & The Hon’Ble Justice Bivas Pattanayak Date : 26Th July, 2022 Appearance :- Mr. Soumen Bhattacharjee, Adv. … For Appellant Mr. S.M. Surana, Adv. Mr. Bhaskar Sengupta, Adv. Md. Afzal Ansari, Adv. … For Respondent

Section 11Section 11(1)(a)Section 260A

Charitable Foundation, Poona ? (ii) Whether the addition of Rs.8,40,000/- towards capital gain from sale of cars. The Learned Income Tax Appellant Tribunal has considered that capital gain from sale of cars would qualify for exemption under section 11(1A) of the Act since the tax effect on this issue is less than the threshold limit? (iii) Whether disallowance