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Dr. B.G. Memorial Trust, Kolkata vs Cit, (Exemption), Kolkata, Kolkata on 15 September, 2017 cites

Gtc Industries Ltd ( Presently Known As ... vs Acit Cir 8(1) , Mumbai on 15 February, 2017

On the other hand the ld. DR submitted that the opportunity for cross- examination has not been provided to the assessee. Therefore, matter should be restored back to the file of Ld. CIT(Ex) for fresh adjudication. In rejoinder Ld. AR submitted that order of Ld. CIT(Ex) does not stand in the absence of cross-examination of the parties. Ld. AR in this connection, relied on the order of Special Bench of Mumbai in the case of M/s GTC Industries Ltd. vs. ACIT in ITA No. 5996/Mum/1993, 1055/Bom/1994 & ITA No.1056/Bom/1994 dated 07.03.2017, wherein it was held as under :
Income Tax Appellate Tribunal - Mumbai Cites 2 - Cited by 79 - Full Document

Commissioner Of Income Tax-Ii ... vs M/S Apeejay Education Society on 10 March, 2015

8. Without prejudice to the above even assuming that the donation to assessee is bogus then the amount of bogus donation will not be eligible for exemptions u/s 11 of the Act. Under such circumstances, the registration certificate issued u/s 12AA of the Act cannot be cancelled as long as the objects of the trust are within the provisions of law. The objects/ byelaws of the trust are placed on pages 1 to 12 of the paper book and on the basis of same objects the assessee was given registration certificate u/s 12AA of the Act. While holding so, we find support & guidance from the judgment of Hon'ble High Court of Punjab & Haryana in the case of CIT Vs. Apeejay Education Society reported in 59 taxmann.com 102 wherein it was held as under:-
Punjab-Haryana High Court Cites 12 - Cited by 13 - Full Document
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