2015 (2) TMI 806 - KARNATAKA HIGH COURT
The Commissioner of Income-Tax, (Exemptions) and The Assistant Director of Income-Tax, (Exemptions), Circle -17(1), Bangalore Versus M/s. Baldwin Boys High School
Reopening of assessment - assessees were not registered under section 12A nor had requisite approval under section 10(23C)(vi) - Held that:- From a bare perusal of section 148 of the Act, it is clear as crystal that the Assessing Officer is obliged t ......
2015 (2) TMI 667 - PUNJAB & HARYANA HIGH COURT
St. Kabir Educational Society Versus Central Board of Direct Taxes and others
Exemption/approval to the petitioner society under section 10(23C)(vi) denied - there was no stipulation in the trust deed regarding utilization of the funds of the trust in the event of the dissolution/winding up of the society - Held that:- It was ......
2015 (2) TMI 499 - HIGH COURT OF MADRAS
The Chief Commissioner of Income Tax – IV others Vs Anand Rishi Jain Society
Grant of exemption and continuance thereof u/s 10(23C) rejected - application rejected as barred by one day's delay - power of Chief Commissioner of Income Tax to condone the delay - Held that:- There is no power for the Chief Commissioner of Inc ......
2015 (2) TMI 360 - KARNATAKA HIGH COURT
The Commissioner of Income Tax, and The Asst. Director Income Tax (Exemption), Circle-17(1), Bangalore Versus Indian Institute of Management
Entitlement for the exemption under section 10(23C)(iiiab) - 'wholly or substantially financed by the Government' - Held that:- The word "wholly or substantially financed by the Government" cannot be confined only to the annual grants. Apart ......
2015 (1) TMI 1167 - CALCUTTA HIGH COURT
Sikkim Manipal University Versus The Chief Commissioner, Income Tax & Another
Rectification of mistake - Scope of Section 154 - Whether power of CCIT u/s 154 can only be exercised for rectification of a mistakes which are apparent on record and not when an elaborate reasoning is to be provided to arrive at the finding that the ......
2015 (1) TMI 957 - ITAT DELHI
National Horticulture Board Versus Assistant Commissioner of Income Tax
Charitable purpose - Incidental receipts on account of “cost of application fees and scheme brochure” in the nature of trade or commerce - Addition to income - assessee is a National Horticulture Board set up by the Government of India in 1984 as an ......
2015 (1) TMI 928 - DELHI HIGH COURT
India Trade Promotion Organization Versus Director General of Income Tax (Exemptions) & Others
Charitable activity - First Proviso to Section 2(15) - challenged as arbitrary and unreasonable and has no rational nexus with the object sought to be achieved and is thus violative of Article 14 of the Constitution of India - order passed by the res ......
2015 (1) TMI 781 - ITAT LUCKNOW
Income Tax Officer-2(2), Lucknow Versus Radha Mohan Mehrotra Medical Relief Trust
Exemption U/s 10(34) and 10(38) on dividend income and on redemption of Mutual fund units - Exemption U/s 10(23C)(iiiae) on interest income - AO challenged CIT(A) order allowing such exemption as without appreciating the fact of the case that the ass ......
2015 (1) TMI 616 - ALLAHABAD HIGH COURT
Allahabad Young Mens Christian Association Versus Chief Commissioner Of Income Tax And Others
Registration of the petitioner-assessee under Section 10(23C)(vi) refused - assessee is a registered society registered under the Societies Registration Act, and is running a school namely “YMCA Centenary School” - Held that:- In the instant case, it ......
2015 (1) TMI 519 - ITAT LUCKNOW
Income Tax Officer Versus M/s. Awasiya Shiv Ram Singh Educational Society
Unexplained Cash credits - addition u/s 68 deleted by CIT - Held that:- Undisputedly before the Assessing Officer complete details were not filed and the Assessing Officer has made addition of ₹ 7.65 lakhs under section 68 of the Act. But when ......
2015 (1) TMI 238 - ALLAHABAD HIGH COURT
Allahabad Young Mens Christian Association Versus Chief Commissioner of Income Tax And Others
Activity charitable or not - existing solely for educational purpose or not - Refusal to grant registration u/s 10(23C)(vi) – whether the assessee society is engaged in charitable/educational activities or not - Held that:- The Society came into exi ......
2015 (1) TMI 11 - KARNATAKA HIGH COURT
Manipal Academy of Higher Education Versus Chief Commissioner of Income Tax, The Union of India and others
Show cause notice - Opportunity of being heard – Withdrawal of exemption u/s 10(23C)(vi) – Held that:- The content of the letter indicates that the petitioner is requested to attend the office on that date in person or through a representative duly a ......
2014 (12) TMI 976 - KERALA HIGH COURT
MARTHOMA MEDICAL MISSION Versus THE CHIEF COMMISSIONER OF INCOME TAX
Benefit of section 10(23C)(via) – Applicability of 14th Proviso to Section10 (23-C)(via) to AYs 2005-2006 and 2006-2007 - Assessee contended that revenue could not take advantage of his own inaction, in not passing any orders on application that was ......
2014 (12) TMI 973 - ITAT HYDERABAD
AP. Pollution Control Board, Hyderabad Versus Dy. Director of Income-tax (E)
Immunity from taxation under Article 289(1) of the Constitution of India – Assessee being A.P. Pollution Control Board separate legal/juristic entity or not from the State Govt. – Held that:- The assessee board was created with effect from 24/01/197 ......
2014 (12) TMI 798 - ITAT KOLKATA
Senate of Serampore College Versus Joint Commissioner of Income-tax (OSD), Circle-2, Hooghly
Nature of entity - ‘Senate of Serampore College’ is a taxable entity or not – Held that:- The Serampore College Act, 1918 was passed by Government of India as Bengal Act IV of 1918 to supplement and supersede the Royal Charter of Incorporation and th ......