Nagpur Hotel Owners Association ITR 201 (SC Time-limit for filing Form 10 before completion of assessment is mandatory - It is mandatory for the person claiming the benefit of section 11 to intimate to the assessing authority the particulars required, under rule 17 in Form.
Y amount credited or paid, out of income referred to in clause (a) or clause (b) of sub-section (1 read with the Explanation to that sub-section, which is not applied, but is accumulated or set apart, to any trust or institution registered under section 12AA.
CIT ITR 521 (AP FB Absence of personal/pecuniary benefit is no yahoo supra chat client criterion - The mere fact that the members of a society are not entitled for any personal or pecuniary benefit or advantage does not automatically render the society a charitable institution.Shri Plot Swetamber Murti Pujak Jain CTR (Guj.) 144/CIT.CIT 1936 4 ITR 397 (All.State Bank of India ITR 298 (Bom.Krishna Warrier 1964 53 ITR 176 (SC Expression in part applies to purpose and not to property - The expression in part does not refer to an al"part; if half a house is held in trust wholly for religious and charitable purposes, the subject-matter.Nizams Supplemental Religious Endowment Trust ITR 378 (AP CIT.What does Intimation u/s 143(1) mean?Radhaswami Satsang Sabha 1954 25 ITR 472 (All.2,57,376, out of which it applied to its charitable purposes the aggregate sum.Religious offerings are not property - Offerings received by a religious teacher from his disciples would not constitute property held under trust.The ITO will have to take the instrument as it exists in its actual amended form when it is pressed into service for framing the assessment concerning the relevant assessment year in which such rectified instrument holds the field.Section 11(5) (5) The forms and modes of investing or depositing the money referred to in clause (b) of sub-section (2) shall be the following, namely : (i) investment in savings certificates as defined in clause (c) of section 293 of the Government Savings Certificates Act.Thus, deemed income (i.e., tax deducted at source) is not to be taken into account for determining the application or accumulation of income.In case you think there is some error in the calculation sheet, you should consult a qualified CA or good tax expert for further action.Hamdard Dawakhana (Wakf) Taxman 186 (Delhi Refund of income-tax is not income from property held under trust - Refund of income-tax can by no stretch of imagination be held as income derived from property held under the trust, and hence will not be covered under.There is nothing in the language of section 11 which restricts in any manner the normal and accepted meaning of the word property and which excludes business from its connotation.The zip file contains a PDF file which is password protected.This is done by the computer without any human intervention and checks for following two things: Any mathematical error or any incorrect tax claim, what you need to do is open the attached zip file.
Emilio Ruiz Berdejo (2010) 320 ITR 190 (Bom.