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2 results for “charitable trust”+ Section 135clear

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Key Topics

Section 12A8Section 2(15)7Section 143(3)4Section 11(2)3Section 143(2)2Exemption2

RAMSWAROOP DAS NIRANJANLAL CHARITABLE TRUST,RAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(1), RAIPUR

In the result, the appeal of the assessee trust being devoid and bereft of any merit is dismissed in terms of my observations above

ITA 242/RPR/2017[2011-12]Status: DisposedITAT Raipur21 Aug 2023AY 2011-12

Bench: Shri Ravish Soodआयकर अपील सं. / Ita No. 242/Rpr/2017 "नधा"रण वष" / Assessment Year : 2011-12 Ramswaroop Das Niranjanlal Charitable Trust Vandana Bhawan, M.G. Road, Raipur (C.G.) Pan : Aaatr2301K .......अपीलाथ" / Appellant बनाम / V/S. The Deputy Commissioner Of Income Tax-1(1), Raipur (C.G.) ……""यथ" / Respondent

For Appellant: Shri Sunil Kumar Agrawal CAFor Respondent: Shri Satya Prakash Sharma, Sr. DR
Section 11Section 11(2)Section 12ASection 143(1)Section 143(2)Section 143(3)Section 2Section 2(15)

section 2(15) as per which if the trust undertakes activities of "advancement of any other object of general public utility" and its receipt during the year are more than Rs. 10 lakhs, then the activities will not be treated for charitable purposes for that year. As seen in para 2.2 the appellant trust has claimed that it has provided

GASS MEMORIAL CENTRE,RAIPUR vs. COMMISSIONER OF INCOME TAX ( EXEMPTION), BHOPAL

In the result, the appeal of assessee allowed

ITA 2/RPR/2019[2015-16]Status: DisposedITAT Raipur20 Sept 2022AY 2015-16

Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अऩीऱ सं./Ita No.02/Rpr/2019 (ननधाारण वषा / Assessment Year :2015-2016) Gass Memorial Centre, Vs Cit(Exemption), Bhopal Ground Floor, K.K. Road, Moudhapara, Raipur Pan No. : Aabhg 3026 M (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

For Appellant: Shri Kishore M. Deshpandey, CAFor Respondent: Shri P.K.Mishra, CIT-DR
Section 12Section 12ASection 143(3)Section 2(15)

charitable as not involved in carrying on of any of the activity in the nature of trade, commerce or business, thus 2nd proviso to section 2(15) cannot apply in the present case. 7 10. The CBDT has issued a circular 21/2016 issued on 27.05.2016, clarifying the application of powers u/section 12AA(3) by the commissioner of Income Tax (exemptions