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
208 ITD 677] and ‘Sirur Shikshan
Prasarak Mandal Vs ACIT’ [2024, 166 taxmann.com 525]
ITAT-Panaji Page 3 of 16
Raja Bhat & Kumuda Foundation Vs ITO
ITA No.0270/PAN/2024 AY:2022-23
4. Per contra the Ld. DR professed that, claim for exemption u/s 11 & 12 of the Act is subject to fulfilment of certain conditions and not automatic
