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 ......
2014 (3) TMI 402 - ITAT MUMBAI
Tewari Charitable Trust Versus Director of Income-tax (Exemption)
Rejection of application for grant of certificate u/s 80G of the Act – Held that:- The satisfaction qua the genuineness of the activities of the applicant fund/institution as an independent condition, even as it is open to be argued that the same, i. ......
2014 (2) TMI 654 - ITAT AGRA
Yug Chetna Parmarth Trust And Others Versus Commissioner of Income Tax
Deduction u/s 80G(5) of the Act – Held that:- The assessee did not dispute that the assessee trust exists and was established having dominant objects, which are religious in nature and for the benefit of Hindu community - the assessee did not exist f ......
2014 (2) TMI 644 - ITAT BANGALORE
M/s. Vivekanand General Hospital Versus The Commissioner of Income Tax
Cancellation of registration u/s 12AA of the Act - Denial of Exemption u/s 80G of the Act – Held that:- The assessee, the definition of charitable purpose has several limbs - Proviso to section 2(15) of the Act is applicable only in respect of a ch ......
2014 (2) TMI 561 - ITAT HYDERABAD
Prajna Pratisthan Trust, Begumpet Versus Director of Income-tax (Exemptions)
Rejection of application of renewal of approval u/s 80G(5)(vi) of the Act – Held that:- The renewal of approval was rejected on the ground that clause-7 of the trust deed gives unbridled power to the trustees to apply funds and income of the trust ac ......
2014 (2) TMI 79 - GUJARAT HIGH COURT
Commissioner of Income Tax II Versus Gujarat Co. Op. Milk Marketing Federation Ltd.
Depreciation on temporary structures of amul parlours – Held that:- As per the agreement between the assessee and AUDA - The assessee had a limited right to use the land for the limited purpose and the limited period – Relying upon the decision in Co ......
2014 (1) TMI 1084 - ALLAHABAD HIGH COURT
Commissioner of Income Tax -Ii Versus Vihangam Yoga Prachar And Social Welfare Trust Lucknow
Application u/s 80G(5) - Held that:- The CIT(A) passed the order of rejection on a sole issue that the assessee was not carrying out all the activities mentioned in the objects clause of the trust - The statute does not require that the assessee shou ......
2014 (1) TMI 933 - ITAT HYDERABAD
Kusumba Dhirajlal Parekh & Lila Nautamlal Parekh Foundation Versus Director of Income Tax (Exemptions)
Rejection of Application u/s 12A of the Act – Rejection of Apporval u/s 80G of the Act – Held that:- At the time of granting registration under section 12A of the Act, commencement of activity is not a relevant consideration if the trust is a new one ......
2014 (1) TMI 863 - ITAT DELHI
Asian Hotels (North) Ltd. Versus Dy. Commissioner of Income Tax, Circle 2(1), New Delhi
Disallowance of expenses – expenses treated as being capital nature – Held that:- For expenses pertaining to Tennis hard court to tennis Clay Court, Dholpur planter for banquets these are not brining any enduring benefit or enhancement of capacity of ......
2014 (1) TMI 673 - ITAT AGRA
Babu Ram Education Society Versus Commissioner of Income-tax
Registration u/s 12AA - Held that:- Before grant of registration u/s. 12AA, the ld. CIT has to satisfy himself about the objects and genuineness of the activities of the assessee trust or institution. Other conditions are not relevant at the stage of ......
2014 (1) TMI 604 - ITAT COCHIN
The Nilackal St. Thomas Church & Ecumenical Centre Trust Versus CIT., Kottayam
Rejecting of application for approval u/s 80G of the Act – Held that:- The assessee has not spent any money for charitable activity during the previous year relevant to the assessment year 2006-07 - The assessee has spent more than 5% of the income f ......
2014 (1) TMI 538 - ITAT DELHI
Segram One Rupee Fund Versus ITO (E) Trust Ward 1, New Delhi
Confirmation of Change of status u/s 12AA(3) of the Act - Status changed from a Charitable Trust to An AOP – Held that:- There were no proceedings of cancellation of registration granted to the assessee, by the competent authority - the authorities b ......