JEEVAN DEEP CHARITABLE TRUST,MADHUBANI vs. ITO (EXEMPTION) WARD, MUZAFFARPUR, MUZAFFARPUR

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: Sri Rajesh Kumar & Pradip Kumar Choubey

charitable Trust engaged in running medical services and he filed income tax return along with audit report in Form-10B. In the course of argument, ld. A/R submitted that there was a mistake in filing the income tax return that resulted to disallowing

MAHARAJADHIRAJA KAMESHWAR SINGH CHARITABLE TRUST,DARBHANGA vs. ITO EXEMPTION WARD, MUZAFFARPUR

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: The Ld. Cit(A) In Protest Against The Action Of The Ld. Ao, Cpc, Bengaluru. The Ld. Ao, Cpc Has Denied Exemption U/S 11 Of The Act Since Apparently The Return Was Filed Belatedly U/S 139(4) Of The Act. Before The Ld. Cit(A), It Is Recorded In Para 6.2 That Two Opportunities Given For Presenting The Facts

Charitable Trust before the Ld. CIT(A) were not availed of by the assessee. Due to this the Ld. CIT(A) passed an exparte order. 3. Aggrieved with the action of Ld. CIT(A), the assessee has filed the present appeal with the following grounds: “1. For that the order passed by the authorities below

DCIT(EXEMPTION) CIRCLE, PATNA vs. M/S DEO MANGAL MEMORIAL TRUST, PATNA

In the result, these appeals filed by the Revenue are allowed for statistical purposes

Bench: SHRI DUVVURU RL REDDY, VICE PRESIDENT SHRI SANJAY AWASTHI (Accountant Member)

disallowed by the A.O. in the assessment order passed u/s 143(3) of the Income Tax Act, 1961 on 23/03/2016.” 3. Before us, the Ld. DR argued the matter and stated that the pharmacy business was represented commercial activity and for this purpose the assessee had not maintained any separate books of accounts and thereby argued that the assessee

DCIT(EXEMPTION) CIRCLE, PATNA vs. M/S DEO MANGAL MEMORIAL TRUST, PATNA

In the result, these appeals filed by the Revenue are allowed for statistical purposes

Bench: SHRI DUVVURU RL REDDY, VICE PRESIDENT SHRI SANJAY AWASTHI (Accountant Member)

disallowed by the A.O. in the assessment order passed u/s 143(3) of the Income Tax Act, 1961 on 23/03/2016.” 3. Before us, the Ld. DR argued the matter and stated that the pharmacy business was represented commercial activity and for this purpose the assessee had not maintained any separate books of accounts and thereby argued that the assessee

DCIT(EXEMPTION) CIRCLE, PATNA vs. M/S DEO MANGAL MEMORIAL TRUST, PATNA

In the result, these appeals filed by the Revenue are allowed for statistical purposes

Bench: SHRI DUVVURU RL REDDY, VICE PRESIDENT SHRI SANJAY AWASTHI (Accountant Member)

disallowed by the A.O. in the assessment order passed u/s 143(3) of the Income Tax Act, 1961 on 23/03/2016.” 3. Before us, the Ld. DR argued the matter and stated that the pharmacy business was represented commercial activity and for this purpose the assessee had not maintained any separate books of accounts and thereby argued that the assessee

SHASHI KRISHNA EDUCATIONAL AVAM WELFARE SOCIETY,PATNA vs. AO, PATNA

In the result, the appeal filed by the assessee is partly allowed for\nstatistical purposes

charitable\nor religious purpose in accordance with the Act. Further, Section\n164(2) provides that in case exemption is denied under section 11,\nsuch income of the trust shall be charged to tax at maximum marginal\nrate. For the Trusts and Institutions registered under section 12A,\nprovisions of sections 11, 12 and 13 are only applicable for\ndetermining income. These

SOCIETY FOR ADVANCEMENT OF VILLAGE ECONOMY,GAYA vs. ACIT(EXEMPTION) CIRCLE, PATNA

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Sonjoy Sarma & Shri Rakesh Mishra

trust is engaged in the financial inclusion by extension of banking services and as business correspondents which includes (i) disbursal of small value credit, (ii) recovery of principal/collection of interest, (iii) collection of small value deposits, (iv) sale of micro insurance/mutual fund products/other third party products and (v) receipts and delivery of small value remittances /other payment instruments. Further

GURUDWARA BAL LEELA MAINI SANGAT TRUST,PATNA vs. DC/AC, EXEMPTION, PATNA

In the result, the appeal filed by the assessee is allowed for statistical purposes

Bench: SHRI SONJOY SARMA, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

charitable trust registered u/s 12A of the Act through an order dated 27.12.2019. The Ld. AO made the following two additions: (i) depreciation Rs. – 61,27,941/- I.T.A. No. 299/Pat/2024 Gurudwara Bal Leela Maini Sangat Trust (ii) Cash deposited in bank Rs. – 49,88,100/-. 1.2. It is seen that the addition on account of depreciation has been made

ACIT, PATNA vs. NEW ERA SOCIAL DEVELOPMENT WELFARE SOCIETY, PATNA

Appeal is treated as allowed for statistical purposes

trust or institution for that year have been audited by an accountant as defined in the Explanation of sub section 2 of section 288 and the person in the receipt of the Income furnishes along with the return of income for the relevant assessment year the report of such audit in the prescribed form duly signed and verified by such

RADHA GOVIND PUBLIC WELFARE SOCIETY,RAMGARH vs. CIT(EXEMPTION), PATNA

In the result, appeal of the assessee is allowed

Bench: Shri Sanjay Garg & Shri Girish Agrawalassessment Year: 2015-16

charitable purposes of the assessee. For the purpose of repayment of loan, the amount is directly paid by the assessee in the loan account with the bank, accounted as hire charges in the books of account of the assessee. iii) Electricity bill of Rs.42,874/- has been paid against electric connection taken in the name of Shri B. N. Saha