M.M. PATEL PUBLIC CHARITABLE TRUST,SOLAPUR vs. PCIT- CENTRAL, PUNE, PUNE

In the result, the appeal of the assessee is partly allowed

ac) (i) of the ITA, 1961. While so doing,\nfollowing fatal errors have crept into the actions/decisions of the\nlearned PCIT(Central). For the sake of simplicity, these two notices are\ndealt with separately as follows:\nA. 1\" notice issued u/s 12AB(4) dated 21/7/2023 Copy of the said\nnotice is given at Page-8 of the Paper-Book

ABICHANDANI CHARITABLE FOUNDATION,PUNE vs. COMMISSIONER OF INCOME TAX (EXEMPTION),PUNE, PUNE

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

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2024-25 Abichandani Charitable Foundation Cit (Exemption), Pune 17, 18, 19, 2Nd Floor, Maha Laxmi Vs. Height, Pune Mumbai Highway, Pimpri, Pune – 411018 Pan: Aawca7578C (Appellant) (Respondent) Assessee By : S/Shri Sharad A Shah & Rohit S Tapadiya Department By : Shri Amol Khairnar Cit-Dr Date Of Hearing : 04-03-2025 Date Of Pronouncement : 05-03-2025 O R D E R

gain ownership of a significantly improved property without adequate compensation to the organization. This scenario not only jeopardizes the financial stability of the assessee but also undermines the fiduciary responsibility owed to the organization's mission and its beneficiaries. In such a scenario, the provisions of Section 13(1)(c) of the Income-tax Act, 1961, would clearly be applicable

AGRA OBSTETRICAL AND GYNAECOLOGICAL SOCIETY,AGRA vs. PCIT, CENTRAL, PUNE

capitation fees are merely based on the statement of\nemployees which have been subsequently retracted and the Pendrive\nand loose document found at the residential premises of employee has\nalso been retracted at the subsequent stage and that the Managing\nTrustee of the assessee trust has denied to be indulged into any of such\nalleged transaction in the statement given

AIDS SOCIETY OF INDIA,MUMBAI vs. THE PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL), PUNE

ac)(i) of the Act.\n2. After due consideration and verification of the facts stated above and the law involved in the case, comments of the undersigned on the legal ground of jurisdiction over the above case are as under:\n2.1 During the search action conducted on Emcure Pharmaceuticals Ltd., it was noticed that M/s Emcure Pharmaceuticals