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2 results for “charitable trust”+ Deductionclear

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Key Topics

Section 11(1)(a)12Section 12A5Section 113Exemption2

MINERAL FOUNDATION OF GOA,PANAJI vs. ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION), CIRCLE - 1, MANGALORE

In the result, the appeal of the assessee is allowed

ITA 120/PAN/2018[2013-14]Status: DisposedITAT Panaji04 Apr 2022AY 2013-14

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

For Appellant: Sh. Ketan Ved, CAFor Respondent: Smt. Rijula Uniyal, Sr. DR
Section 11(1)(a)Section 12ASection 143(3)Section 250(6)

charitable trust. It is registered u/s 12AA of the Income Tax Act (in brevity the Act). The assessment was made u/s 143(3) for 2 Mineral Foundation of Goa v. ACIT assessment year 2013-14 by the Ld. ACIT(E), Circle-1, Mangaluru. The Ld. Assessing Officer (in brevity the AO) calculated the deduction

RAJA BHAT AND KUMUDA FOUNDATION,BELAGAVI vs. PR.COMMISSIONER OF INCOME TAX , BELAGAVI

The appeal of the assessee is ALLOWED

ITA 270/PAN/2024[2022-23]Status: DisposedITAT Panaji19 Mar 2025AY 2022-23

Bench: Hon’Ble Shri Pavan Kumar Gadale & Shri G. D. Padmahshaliassessment Year : 2022-23 Raja Bhat & Kumuda Foundation Plot No. 4, Rs No1368, Kumudini, Sadashiv Nagar, Belgavi-590001 Pan:Aajcr6351B . . . . . . . Appellant

For Appellant: Mr Pramod Vaidya [‘Ld. AR’]For Respondent: Mr S Manikandan [‘Ld. DR’]
Section 11Section 12ASection 143(1)Section 246A(1)Section 250Section 253(1)Section 8

Charitable Trust Vs CIT(E)’[2024, 169 taxmann.com 543 (Bom)], ‘Shree Bhairav Seva Samiti Vs ITO’[2023, 101 ITR 708(Mum)] & ‘Sirur Shikshan Prasarak Mandal Vs ACIT’ (supra). In absence of anything contrary brought on record by the Revenue, there is no reasons to divert from settled legal position. Therefore, respectfully following judicial precedents(supra), we set-aside the impugned