2018 (5) TMI 1277

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..... e assessee charitable trust and the trust makes some payment to such person, would the transaction fall within the mischief of the relevant provisions. Appellate Tribunal found, as a matter of fact, that the Revenue had not questioned the propriety of the donation or even asserted that the funds of the trust had been diverted by such process. Appellate Tribunal appropriately held that the true int .....

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..... law has arisen on the facts. - GA No.3439 of 2016 ITAT No.399 of 2016 - - - Dated:- 16-5-2018 - SANJIB BANERJEE AND ABHIJIT GANGOPADHYAY, JJ. FOR THE PETITIONER : MR. DEBASISH CHOWDHURY, ADV. MR. J. P. KHAITAN, SR. ADV. MR. P. JHUNJHUNWALA, ADV. FOR THE RESPONDENT : MR. VARUN KEDIA, ADV. MR. K. MAJUMDER, ADV. ORDER The Court : The Revenue seeks to question the propriety of an .....

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..... s to imply that it is only if a person contributes more than ₹ 50,000/- to the assessee charitable trust and the trust makes some payment to such person, would the transaction fall within the mischief of the relevant provisions. Further, the Appellate Tribunal found, as a matter of fact, that the Revenue had not questioned the propriety of the donation or even asserted that the funds of the .....

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