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Case Law Details

Case Name : ITO (Exemptions) Vs M/s. Syndicate Rural Development Trust (ITAT Bangalore)
Related Assessment Year : 2014-15
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ITO (Exemptions) Vs M/s. Syndicate Rural Development Trust (ITAT Bangalore)

Appellant is a trust registered under section 12AA and filed its return of income on 29.09.2014 declaring a Nil income. During the year, appellant received Rs.50.00 lakh from National Institute of Rural Development, Government of India, as a part of grant of Rs.100 lakh for creating infrastructure for setting up of RSETI (Rural Self Employment Training Institute). The AO has made an addition of Rs.50.00 lakh to the re

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