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Case Law Details

Case Name : Nir Ideal Home for Mentally Retarded And Associated Disability Vs ITO (ITAT Kolkata)
Related Assessment Year : 2022-2023
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Nir Ideal Home for Mentally Retarded And Associated Disability Vs ITO (ITAT Kolkata)

Dual-Nature Trust Entitled to Exemption – ITAT Kolkata Rules Anonymous Donations Not Taxable for Nir Ideal Home for Mentally Retarded Trust

ITAT Kolkata allowed the appeal of the assessee-trust, holding that it was eligible for exemption from taxation of anonymous donations u/s 115BBC, as the trust was established for both charitable & religious purposes.

Assessee, a registered society under the West Bengal Societies Registration Act, 1961, had

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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