15 results for “charitable trust”+ Section 45clear
Sorted by relevance
Key Topics
In the result, appeal of the revenue is dismissed
Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपीलसं./I.T.A.No.50/Viz/2020 (ननधधारण वर्ा/Assessment Year:2016-2017) Asst.Commissioner Of Income Tax Vs. M/S Andhra Cricket (Exemptions) Association Exemptions Circle D.No.60-8-8, 5Th Lane Vijayawada Siddartha Nagar Vijayawada [Pan : Aaatt2377D] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri D.K.Sonowal, Cit Dr प्रत्यधथी की ओर से / Respondent By : Shri M.A.Rahim, I.T.P सुनवधई की तधरीख / Date Of Hearing : 25.09.2020 घोर्णध की तधरीख/Date Of Pronouncement : 23.11.2020
45,13,91,540 10. It was further observed that the BCCI reimbursements & grants of Rs.37,74,16,941/- consisted of annual grants from BCCI of Rs.13,50,00,000/-, share of media rights income from BCCI of Rs.18,66,89,642/- and reimbursement of expenses of Rs 5,57,27,299/-. It was observed that the assessee society