https://www.taxtmi.com/caselaws?id=450090 The Bombay HC ruled in favor of a charitable trust operating a temple and community hall. The ITAT had determined the trust's total income as nil for AY 2017-18, finding sections 69A and 115BBE inapplicable to voluntary donations from devotees. Despite this, the AO improperly raised new controversies regarding Form 10B filing deadlines and section 11 exemptions when giving effect to the ITAT order, ignoring that these issues weren't contested before the ITAT and exemptions were already accepted in the original assessment. The HC quashed the AO's order dated 30th November 2023, directing refund of all taxes paid by the assessee. en-us Tue, 20 Feb 2024 00:00:00 +0530 Mon, 07 Oct 2024 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450090 The Bombay HC ruled in favor of a charitable trust operating a temple and community hall. The ITAT had determined the trust's total income as nil for AY 2017-18, finding sections 69A and 115BBE inapplicable to voluntary donations from devotees. Despite this, the AO improperly raised new controversies regarding Form 10B filing deadlines and section 11 exemptions when giving effect to the ITAT order, ignoring that these issues weren't contested before the ITAT and exemptions were already accepted in the original assessment. The HC quashed the AO's order dated 30th November 2023, directing refund of all taxes paid by the assessee. Case-Laws Income Tax Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450090