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2 results for “charitable trust”+ Section 160(1)clear

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Key Topics

Section 143(3)3Section 11(2)3Section 2(15)3Section 143(2)2Section 112Exemption2

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

CONFEDERATION OF PHARMA DEALERS ASSOCIATION,RAIPUR vs. COMMISSIONER OF INCOME TAX, EXEMPTION, BHOPAL

In the result, appeal of the assessee is allowed

ITA 219/RPR/2019[2019-20]Status: DisposedITAT Raipur27 Oct 2021AY 2019-20

Bench: Shri Pradip Kumar Kedia & Shri Pawan Singhआयकर अपील सं./I.T.A. No. 219/Rpr/2019)

For Appellant: Shri R. K. Singh, CIT.-D.R
Section 11Section 12Section 2(15)

trust is meant for the advancement of pharma dealers. Reference in this regard was made to the following decisions: i. DIT vs. Bharat Diamond Bourse (2003) 259 ITR 0280 (SC) ii. Addl. CIT vs. Surat Art Silk Cloth Manufacturers Association (1980) 121 ITR 1 (SC) iii. Ahmedabad Rana Caste Association