EUREKA FORBES CHARITABLE TRUST, MUMBAI V. DIT (E), MUMBAI

ITA 3913/MUM/2010

• Counselvise Citation: [2011] 140 COUNSELVISE.COM (IT) 49079 (ITAT-MUMBAI)
• Duration Of Justice: 1 year(s) 19 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 03-06-2011
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: E
• Next Hearing Date: 31-05-2011
• Assessment Year: 2010-2011
• Appeal Filed On: 14-05-2010
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Department Lawyers: G P TRIVEDI
• Keywords: Charitable institution
• Section: 80G

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH E, MUMBAI BEFORE SHRI P.M. JAGTAP, AM AND SHRI V. DURGA RAO , JM I.T.A.NO.3913/MUM/2010 M/S. EYREKA FORBES CHARITABLE TRUST, C/O. EUREKA FORBES LTD., B-1/B-2, 701 MARATHON INNOVA, OFF. GANAPATRAO KADAM MARG, LOWER PAREL, MUMBAI 400 013. PAN: AAATE 0281 F VS. THE DIRECTOR INCOME - TAX (EXEMPTION), MUMBAI (APP ELLANT ) (RESPONDENT) APPELLANT BY : NONE LETTER DATED 17.2.2011 RESPONDENT BY : SHRI G.P. TRIVEDI O R D E R PER P.M. JAGTAP, AM: THIS APPEAL FILED BY THE ASSESSEE IS DIRECTED AGAINST THE ORDER OF THE LEARNED DIRECTOR OF INCOME-TAX (EXEMPTION), MUMBAI DATED 11.03.2010, WHEREBY HE DECLINED TO ACCORD THE APPROVAL TO THE ASSESSEE TRUT UNDER SECTION 80G OF THE INCOME-TAX ACT, 1961. 2. AT THE TIME OF HEARING BEFORE US, THE ASSESSEE H AS MOVED AN APPLICATION SEEKING PERMISSION OF THE BENCH TO WITHDRAW THIS AP PEAL. ACCORDINGLY, THE PERMISSION AS SOUGHT BY THE ASSESSEE IS GRANTED AND THIS APPEAL IS DISMISSED AS HAVING BEEN WITHDRAWN BY THE ASSESSEE. 3. IN THE RESULT, THE APPEAL OF THE ASSESSEE IS DIS MISSED. ORDER PRONOUNCED IN THE OPEN COURT ON THIS 3 RD DAY OF JUNE, 2011. SD. SD. (V. DURGA RAO) (P.M. JAGTAP) JUDICIAL MEMBER ACCOUNTANT MEMBER MUMBAI, DATED THE 3 RD JUNE, 2011. KN ITA NO.3913/M/2010 EUREKA FORBES CHARITABLE TRUST 2 COPY TO: 1. THE ASSESSEE 2. THE REVENUE 3. THE DIT(EXEMPTION), MUMBAI. 4. THE ITO (TECH.) EXEMPTION FOR DIT (EXEMPTION),MUMBA I 5. THE DR E BENCH, MUMBAI BY ORDER /TRUE COPY/ ASST. REGISTRAR, ITAT, MUMBAI