INDIAN MEDICAL ASSOCIATION PUNE BRANCH,SHUKRAWAR PETH vs. DCIT EXEMPTION CIRCLE, PUNE, SWARGATE

In the result, all the 5 appeals filed by the assessee are allowed

Bench: Shri R. K. Panda & Ms Astha Chandra

charitable trust registered u/s 12A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) which is entitled for claim of exemption u/s 11 of the Act. The assessee filed its return of income on 06.07.2015 declaring total income at Nil after claiming the exemption u/s 11 of the Act to the tune of Rs.2

INDIAN MEDICAL ASSOCIATION PUNE BRANCH,SHUKRAWAR PETH vs. DCIT EXEMPTION CIRCLE, PUNE, SWARGATE

In the result, all the 5 appeals filed by the assessee are allowed

Bench: Shri R. K. Panda & Ms Astha Chandra

charitable trust registered u/s 12A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) which is entitled for claim of exemption u/s 11 of the Act. The assessee filed its return of income on 06.07.2015 declaring total income at Nil after claiming the exemption u/s 11 of the Act to the tune of Rs.2

INDIAN MEDICAL ASSOCIATION PUNE BRANCH,SHUKRAWAR PETH vs. DCIT EXEMPTION CIRCLE PUNE, SWARGATE

In the result, all the 5 appeals filed by the assessee are allowed

Bench: Shri R. K. Panda & Ms Astha Chandra

charitable trust registered u/s 12A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) which is entitled for claim of exemption u/s 11 of the Act. The assessee filed its return of income on 06.07.2015 declaring total income at Nil after claiming the exemption u/s 11 of the Act to the tune of Rs.2

INDIAN MEDICAL ASSOCIATION PUNE BRANCH,SHUKRAWAR PETH vs. DCIT EXEMPTION CIRCLE, PUNE, SWARGATE

In the result, all the 5 appeals filed by the assessee are allowed

Bench: Shri R. K. Panda & Ms Astha Chandra

charitable trust registered u/s 12A of the Income Tax Act, 1961 (hereinafter referred to as ‘the Act’) which is entitled for claim of exemption u/s 11 of the Act. The assessee filed its return of income on 06.07.2015 declaring total income at Nil after claiming the exemption u/s 11 of the Act to the tune of Rs.2

POONA OBSTETRICS AND GYNAECOLOGICAL SOCIETY,PUNE vs. PRINCIPAL COMMISSIONER OF INCOME TAX-CENTRAL, PUNE, PUNE

charitable\ntrust registered under the Maharashtra Public Trust Act, 1950. It\nwas formed on 27.01.1977 and firstly it was granted registered\nunder the regulatory law on 30.09.1977 and thereafter\nregistration under the old regime was granted u/s.12A on\n04.12.1982. Main objects of POGS from its Memorandum of\nAssociation are to promote (i) professional Fellowship amongst the\nmembers; (ii) to encourage

ASSISTANT OINT COMMISSIONER OF INCOME-TAX vs. PYC HINDU GYMKHANA,, PUNE

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

Bench: Shri "याियक सद"य के सम" D. Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर अपील सं आयकर अपील सं. / Ita No.179/Pun/2015 आयकर अपील सं आयकर अपील सं िनधा"रण वष" िनधा"रण वष" / Assessment Year : 2010-11 िनधा"रण वष" िनधा"रण वष"

charitable trusts. The courts therein held that just because these clubs earn some receipts by providing facilities to its members, the proviso to section 2(15) should not be attracted and the income of such clubs should continue to be exempted u/s 11. These decisions are – a. Japanese Chamber of Commerce (page 19)- In this case, it was held that

ASSISTANT COMMISSIONER OF INCOME TAX, EXEMPTION CIRCLE, AURANGABAD, NEAR HOLY CROSS ENGLISH SCHOOL vs. THE NANDED SIKHGURUDWARA SACHKHAND HAZUR SAHIB, APCHALNAGAR

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

charitable trust were managed by member of trustees headed by District Collector and audit report was submitted before competent compliance to claim exemption under section 10(23C)(v), claim could not be denied merely on the ground that assessee generated surplus income. He accordingly submitted that the order of the Ld. CIT(A) / NFAC being in accordance with law should

ASSISTANT COMMISSIONER OF INCOME TAX, EXEMPTION CIRCLE, AURANGABAD, NEAR HOLY CROSS ENGLISH SCHOOL vs. THE NANDED SIKHGURUDWARA SACHKHAND HAZUR SAHIB, ABCHALNAGAR

In the result, both the appeals filed by the Revenue are dismissed

Bench: Shri R. K. Panda & Ms Astha Chandra

charitable trust were managed by member of trustees headed by District Collector and audit report was submitted before competent compliance to claim exemption under section 10(23C)(v), claim could not be denied merely on the ground that assessee generated surplus income. He accordingly submitted that the order of the Ld. CIT(A) / NFAC being in accordance with law should

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

charitable trust registered under the Maharashtra Public Trust Act, 1950. It was formed on 27.01.1977 and firstly it was granted registered under the regulatory law on 30.09.1977 and thereafter registration under the old regime was granted u/s.12A on 04.12.1982. Main objects of POGS from its Memorandum of Association are to promote (i) professional Fellowship amongst the members; (ii) to encourage

NATIONAL ASSOCIATION OF INTERLOCKING SURGEONS,SOLAPUR, MAHARASHTRA vs. THE ITO, EXEMPTION WARD 1(2), PUNE, MAHARASHTRA

In the result, all the three appeals of the assessee are allowed

Bench: Dr.Manish Boradआयकर अपील सं. / Ita Nos.2816, 2817 & 2560/Pun/2024 Assessment Years : 2010-11, 2014-15 & 2016-17

Trust engaged in the charitable activity is liable to taxed at the Normal Tax rate. To buttress his arguments, reliance was placed in the case of Dr. Shalmali Khasbardar Foundation Vs. ITO (supra) was placed where also similar issue was for consideration and the finding of the Tribunal reads as under : “We have perused the submissions advanced by both

NATIONAL ASSOCIATION OF INTERLOCKING SURGEONS,SOLAPUR, MAHARASHTRA vs. THE ITO, EXEMPTION WARD 1(2), PUNE, PUNE, MAHARASHTRA

In the result, all the three appeals of the assessee are allowed

Bench: Dr.Manish Boradआयकर अपील सं. / Ita Nos.2816, 2817 & 2560/Pun/2024 Assessment Years : 2010-11, 2014-15 & 2016-17

Trust engaged in the charitable activity is liable to taxed at the Normal Tax rate. To buttress his arguments, reliance was placed in the case of Dr. Shalmali Khasbardar Foundation Vs. ITO (supra) was placed where also similar issue was for consideration and the finding of the Tribunal reads as under : “We have perused the submissions advanced by both

NATIONAL ASSOCIATION OF INTERLOCKING SURGEONS,SOLAPUR, MAHARASHTRA vs. THE ITO, EXEMPTION WARD 1(2), PUNE, MAHARASHTRA

In the result, all the three appeals of the assessee are allowed

Bench: Dr.Manish Boradआयकर अपील सं. / Ita Nos.2816, 2817 & 2560/Pun/2024 Assessment Years : 2010-11, 2014-15 & 2016-17

Trust engaged in the charitable activity is liable to taxed at the Normal Tax rate. To buttress his arguments, reliance was placed in the case of Dr. Shalmali Khasbardar Foundation Vs. ITO (supra) was placed where also similar issue was for consideration and the finding of the Tribunal reads as under : “We have perused the submissions advanced by both

MAHARSHI KARVE STREE SHIKSHAN SAMSTHA vs. INCOME-TAX OFFICER,,

In the result, both the appeals of assessee and Revenue are dismissed

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.1409/Pun/2016 यििाारण वषा / Assessment Year : 2008-09 Maharshi Karve Stree Shikshan Samstha Karvenagar, अऩीऱाथी/Appellant Pune – 411052 …. Pan: Aaatm1969L Vs. The Income Tax Officer, …. प्रत्यथी / Respondent Ward 11(1), Pune

trust, but, the amount of Rs.11,00,15,480/- shown under head transferred to reserve, actually debited in income and expenditure a/c has not been further claimed as expenditure in computation of income. In nutshell, the appellant has not claimed deduction of the said amount of Rs.11,00,15,480/- while computing the income and hence, the question of making

DEPUTY COMMISSIONER OF INCOME-TAX vs. MAHARSHI KARVE STREE SHIKSHAN SANSTHA,,

In the result, both the appeals of assessee and Revenue are dismissed

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.1409/Pun/2016 यििाारण वषा / Assessment Year : 2008-09 Maharshi Karve Stree Shikshan Samstha Karvenagar, अऩीऱाथी/Appellant Pune – 411052 …. Pan: Aaatm1969L Vs. The Income Tax Officer, …. प्रत्यथी / Respondent Ward 11(1), Pune

trust, but, the amount of Rs.11,00,15,480/- shown under head transferred to reserve, actually debited in income and expenditure a/c has not been further claimed as expenditure in computation of income. In nutshell, the appellant has not claimed deduction of the said amount of Rs.11,00,15,480/- while computing the income and hence, the question of making

NASIK ROTARY CHARITABLE TRUST,NASHIK vs. ITO EXEMPTION WARD 1(1), NASHIK

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

Bench: Dr.Manish Borad

disallowance of alleged expense/liability of Rs.10.00 lakh deserves to be made in the hands of assessee. The AO shall give necessary opportunity to the assessee trust to explain the said transaction to his satisfaction and file necessary details if needed. Considering the same, ld. AO shall decide 9 Nasik Rotary Charitable

INCOME TAX OFFICERV(EXEMPTION) WARD 2, PUNE vs. CREDIA PUNE METRO , PUNE

disallowed in the corresponding assessments but accepted in part to the extent of “mutuality” benefit only in the CIT(A)’s order. The Revenue’s endeavour in both of its cross appeals is that the assessee nowhere fulfil the three monetary conditions of being a “mutual” organization in light of Bangalore Club

CREDAI-PUNE METRO,PUNE vs. INCOME-TAX OFFICER, EXEMPTION, PUNE

disallowed in the corresponding assessments but accepted in part to the extent of “mutuality” benefit only in the CIT(A)’s order. The Revenue’s endeavour in both of its cross appeals is that the assessee nowhere fulfil the three monetary conditions of being a “mutual” organization in light of Bangalore Club

INCOME TAX OFFICERV(EXEMPTION) WARD 2, PUNE vs. CREDIA METRO PUNE, PUNE

disallowed in the corresponding assessments but accepted in part to the extent of “mutuality” benefit only in the CIT(A)’s order. The Revenue’s endeavour in both of its cross appeals is that the assessee nowhere fulfil the three monetary conditions of being a “mutual” organization in light of Bangalore Club