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
