Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 6, Cited by 1]

Madras High Court

M/S.Little Flower Educational Society vs The Income Tax Officer on 23 February, 2021

Author: M. Duraiswamy

Bench: M. Duraiswamy, T.V. Thamilselvi

                                                                      Tax Case Appeal Nos.93 to 95 of 2017

                                   IN THE HIGH COURT OF JUDICATURE AT MADRAS

                                                  DATED : 23.02.2021

                                                        CORAM

                                    THE HON'BLE MR.JUSTICE M. DURAISWAMY
                                                     AND
                                   THE HON'BLE MRS.JUSTICE T.V. THAMILSELVI

                                          Tax Case Appeal Nos.93 to 95 of 2017


                     M/s.Little Flower Educational Society,
                     Bharathi Park Road,
                     No.2, Ramalingam Nagar, Saibaba Colony,
                     Coimbatore – 641 911.                                    ...   Appellant
                                                                                    in all appeals

                                                          Vs.


                     The Income Tax Officer,
                     Company Ward – I,
                     Coimbatore.                                       ... Respondent
                                                                                 in all appeals


                               Tax Case Appeals in T.C.A.Nos.93, 94 and 95 of 2017 filed under

                     Section 260A of the Income Tax Act, 1961 against the order of the

                     Income Tax Appellate Tribunal, Chennai "A" Bench, dated 24.06.2016

                     passed          in    I.T.A.Nos.2270/Mds/2014,      1222/Mds/2014              and

                     2714/Mds/2014 respectively.



https://www.mhc.tn.gov.in/judis/
                     Page 1/5
                                                                          Tax Case Appeal Nos.93 to 95 of 2017



                               For Appellant         : Mr.M.Kaushik
                                                       for Mr.S.Sridhar
                                                       in all appeals


                               For Respondent        : Mr.J.Narayanaswamy
                                                       Senior Standing Counsel
                                                       in all appeals


                                                COMMON JUDGMENT

(Delivered by M.DURAISWAMY, J.) The above appeals filed by the assessee under Section 260A of the Income Tax Act, 1961 ('the Act' for brevity), are directed against the order dated 24.06.2016 passed by the Income Tax Appellate Tribunal, Chennai "A" Bench, ('the Tribunal' for brevity) in I.T.A.Nos.2270/Mds/2014, 1222/Mds/2014 and 2714/Mds/2014 for the assessment years 2009-2010, 2010-2011 and 2011-2012 respectively. The above appeals were admitted on 02.06.2020 on the following substantial questions of law :

“(i)Whether the Appellate Tribunal is correct in law in denying the tax exemption computation u/s 11 of the Act on the strength of section 13 (1)(b) of the Act relating to the charitable contributions routed through M/s.Little Flower Monastry to pursue the object of education? https://www.mhc.tn.gov.in/judis/ Page 2/5 Tax Case Appeal Nos.93 to 95 of 2017
(ii)Whether the Appellate Tribunal is correct in law in interpreting the provisions of Section 13(1)(b) of the Act so as to deny the tax exemption computation under Section 11 of the Act in view of the fact of the appellant being recognized as a public charitable trust under Section 12AA of the Act?”

2. We have heard Mr.M.Kaushik for Mr.S.Sridhar, learned counsel for the appellant/ assessee and Mr.J.Narayanaswamy, learned Senior Standing Counsel for the respondent/Revenue.

3. It may not be necessary for this Court to decide the Substantial Questions of Law framed for consideration on account of certain subsequent developments. The Government of India enacted the Direct Tax Vivad Se Vishwas Act, 2020 (Act 3 of 2020) to provide for resolution of disputed tax and for matters connected therewith or incidental thereto. The Act of the Parliament received the assent of the President on 17th March 2020 and published in the Gazette of India on 17th March 2020.

https://www.mhc.tn.gov.in/judis/ Page 3/5 Tax Case Appeal Nos.93 to 95 of 2017

4. We are informed by the learned counsel for the appellant/ assessee that the assessee had already been issued with Form-3 on 11.12.2020 and the learned counsel for the appellant seeks permission of this Court to withdraw the above appeals.

5. In view of the submission made by the learned counsel for the appellant/assessee, the above Tax Case Appeals stand dismissed as withdrawn. No costs.

                                                                   [M.D., J.]    [T.V.T.S., J.]
                     Index           : Yes/No                             23.02.2021
                     Internet        : Yes
                     mkn


                     To

1. Income Tax Appellate Tribunal, Chennai "A" Bench

2.The Income Tax Officer, Company Ward – I, Coimbatore.

https://www.mhc.tn.gov.in/judis/ Page 4/5 Tax Case Appeal Nos.93 to 95 of 2017 M. DURAISWAMY, J.

and T.V. THAMILSELVI, J.

mkn Tax Case Appeal Nos.93 to 95 of 2017 23.02.2021 https://www.mhc.tn.gov.in/judis/ Page 5/5