2014 (7) TMI 207 - ITAT MUMBAI
Purnidevi Bagrodia Charitable Trust Versus Director of Income Tax (Exemption)
Application for grant of certificate u/s 80G of the Act No charitable activity from last three years Held that:- The assessee has been recognised as charitable trust u/s 12A by the Department assessee contended that it has not received the dona ......
2014 (7) TMI 126 - ITAT HYDERABAD
Naveen Kumar Kedia Versus Income-tax Officer
Low gross profit, un-vouched expenses, unexplained expenses and valuation of stock Held that:- The AO has not specifically rejected the books of accounts or made any adverse comments - there is a finding by the AO that the vouchers produced by the ......
2014 (6) TMI 298 - ITAT LUCKNOW
Harshit Foundation, Jaunpur Versus Commissioner of Income Tax
Denial of registration u/s 12AA of the Act Held that:- The effect of non-consideration of the application for registration within the time fixed by section 12AA(2) would be a deemed grant of registration there was no reason to make the assessee s ......
2014 (5) TMI 731 - ITAT AMRITSAR
Sangat Sahib Bhai Pheru Versus Commissioner of Income Tax, Bathinda
Denial of approval as society u/s 80G(5)(iv) of the Act - Object of the society is for benefit of a particular religious community only Held that:- The objects of the Society is only to uplift the Sikh Community not any other caste, religion or cre ......
2014 (5) TMI 434 - ITAT MUMBAI
Seth Chunilal Memorial Trust Versus Director of Income Tax (Exemption)
Rejection of grant of approval u/s 80G of the Act - Construction of school and hospital Charitable Activity or not Held that:- Registration u/s 12A/12AA is a prerequisite for the grant of approval u/s 80-G, which could be withdrawn u/s 12AA (3) - ......
2014 (5) TMI 113 - ITAT DELHI
Population Health Services(India) Versus Director of Income Tax (Exemptions), Delhi.
Withdrawal of exemption Scope of section 2(15) of the Act Opportunity of being heard Exemption u/s 80G of the Act - The assessee is engaged in making available health services - This is as per the National Family Planning Programme under the po ......
2014 (4) TMI 978 - ITAT DELHI
The Ajay G. Piramal Foundation Versus Assistant Director of Income Tax
Disallowance of deduction of interest expenses Held that:- The Assessing Officer has recorded the finding that the assessee is not entitled to exemption under Section 11 & 12 - The assessee has not disputed such finding in appeal either before the ......
2014 (4) TMI 830 - GUJARAT HIGH COURT
Commissioner of Income Tax Versus Shree Samast Kachchhi Sathwara
Matter remanded to Commission Exemption u/s 80G(5) of the Act - Held that:- The Tribunal has mainly remanded the question of granting recognition u/s 80G (5) of the Act for fresh consideration of the Commissioner - Being a mere remand, the appeal c ......
2014 (4) TMI 828 - ALLAHABAD HIGH COURT
C/M Dr. Sudama Prasad Bal Vidya Mandir Kanya And Another Versus State of UP. And 2 Others
Exemption from the liability of the impact fee - Production of certificate of exemption u/s 80G of the Act Charitable educational institution Held that:- The fact that the Prescribed Authority Regulated Area has granted 15 days time to the asses ......
2014 (4) TMI 778 - ITAT MUMBAI
M/s. Bhandary Seva Samithi, C/o. Shankar & Kishore Versus The Director of Income Tax (Exemptions)
Rejection of application of approval u/s 80G(5)(vi) of the Act No details or documents furnished - Condonation of delay - delay of 49 days - Held that:- The assessee was failed to produce any copy or evidence of any representation which was filed b ......
2014 (4) TMI 746 - ITAT MUMBAI
M/s. Plaza Castings Pvt. (Now known as JMD Castings Pvt. Ltd.) Versus DCIT, Circle-7(1), Mumbai
Penalty u/s 271(1)(c) of the Act Genuineness of the transaction - Held that:- Even though assessee has filed the PAN Number, but the confirmation of the respective creditors could not be filed - By not filing the loan confirmation, the assessee was ......
2014 (4) TMI 531 - ITAT MUMBAI
ASSTT COMMISSIONER OF INCOME TAX Versus M/s FERMENT BIOTECH LTD
Disallowance of weighted deduction u/s 35(2AB) of the Act In-house R&D scientific research - Nature of expenses Capital or revenue Held that:- The assessee has made claim for the deduction u/s 35(2AB) which is for expenditure incurred on in-hou ......
2014 (4) TMI 164 - ITAT MUMBAI
ACIT -11(2), Mumbai Versus M/s. KS. Aiyar & Co.
Disallowance u/s 40(a)(ia) of the Act Subscription paid to M/s Baker Tilley International Held that:- The decision in M/s KS Aiyar & Co. Versus The Asst. CIT Rg. 11(2), Mumbai [2013 (6) TMI 570 - ITAT MUMBAI] followed - The relevant clause, speci ......
2014 (3) TMI 769 - ITAT PUNE
ITO, Ward-1(4), Nashik Versus Progressive Education Society
Entitlement for deduction u/s 11 of the Act - Deletion of addition of surplus taxed income Held that:- Whether the CIT(A) was justified in deleting the addition on account of surplus taxed as income in the Assessment Year Held that:- The assessee ......
2014 (3) TMI 574 - ITAT MUMBAI
Terapanth Trust, Ghatkopar Versus Director of Income Tax (Exempt.)
Cancellation of application u/s 80G Renewal/grant of certificate Assessee contended that the DIT(E) did not examine the information filed with regard to the entire donation receipts with its corpus details and confirmations by the appellant duri ......