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2014 (1) TMI 240 - AT - Income TaxCharitable trust - exemption u/s 11(1) - Expenditure incurred towards attendance of international conferences and training - Held that:- It is neither necessary nor required as per the statute that for availing exemption u/s 11 of the Act a particular charitable activity has to be notified in a circular issued by the CBDT - The expenditure was incurred on behalf of the Society for attending international conferences and seminars and for the purpose of advancing the objects of the Society - It is not for the personal benefit of the Secretary - It cannot be said that the expenditure incurred in that behalf is not for charitable purpose. Addition on account of refund of loan - Held that:- The assessee has incurred the expenditure towards implementation of the project relating to Prevention and Control of HIV/AIDS - The project is a Government promoted project and the grant has been specifically for implementing the said project - If amount received is treated as grant then corresponding expenditure incurred by the assessee is also to be allowed. Non registration of the assessee society under A.P. Charitable and Hindu Religious Institutions and Endowments Act, 1987 - Held that:- The exemption u/s 11 of the Act cannot be denied to the assessee merely because the assessee is not registered under the A.P. Charitable and Hindu Religious Institutions and Endowments Act, 1987 - When there is no such restriction put u/s 11,12, and 13 of the Act or any other provision under the Act the Assessing Officer cannot deny exemption to the assessee. Grant received for repair to the houses - Held that:- The grant received from the donor agency is to be utilised for a specific purpose i.e., repair of houses of Tsunami victims in three districts - The assessee has supplied relief materials for construction of houses as well as cash distribution under certain mechanism adopted by the assessee is not disputed by the Assessing Officer - The assessee had participated in a programme of government for the benefit of Tsunami victims by providing help for construction of their houses - The Assessing Officer has not brought any material on record to show that the amount has not been actually distributed by the assessee to Tsunami victims - Decided against Revenue.
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