Assessee-society was running Museum by name of Maharaja Ranjit Singh War Museum and was registered under section 12AA \u00a0oof the Act . During relevant year, Rupees one crore was given to Punjab State War Heroes Memorial & Museum Society ‘PSWHMMS’ on directions of Government of Punjab.\u00a0 Donee-Society was not registered under section 12AA at relevant time. \u00a0The Assessing Officer held that the amount transferred to PSWHMMS was considered as income of assessee, holding that there was violation of section 11(2) and section 11(3)(d). Order of the Assessing Officer was affirmed by the\u00a0 Tribunal . On appeal the Court held that\u00a0 since it was not claim of assessee that amount was being accumulated for payment to PSWHMMS, there was a clear violation of conditions referred in sub-section (2) and sub-section (3) of section 11. Accordingly addition of amount transferred to PSWHMM is up held .\u00a0 \u00a0(AY. 2014-15)\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 11 : Property held for charitable purposes – Museum- Transfer of amount to \tPunjab State war heroes \u2013 Donee trust was not registered \u2013 Violation of provision- Addition is held to be justified [ S.11(2) , 11(3), 12AA ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-18746","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4Sm","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=18746"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18746\/revisions"}],"predecessor-version":[{"id":18747,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/18746\/revisions\/18747"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=18746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=18746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=18746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}