{"id":2769,"date":"2018-11-01T11:26:47","date_gmt":"2018-11-01T11:26:47","guid":{"rendered":"http:\/\/itatonline.org\/digest\/bank-of-india-retired-employees-medical-assistance-trust-v-ito-2018-172-itd-78-mum-trib\/"},"modified":"2019-04-21T00:38:49","modified_gmt":"2019-04-21T00:38:49","slug":"bank-of-india-retired-employees-medical-assistance-trust-v-ito-2018-172-itd-78-mum-trib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/bank-of-india-retired-employees-medical-assistance-trust-v-ito-2018-172-itd-78-mum-trib\/","title":{"rendered":"Bank of India Retired Employees Medical Assistance Trust  v.  ITO (2018) 172 ITD 78 \/ 172 DTR 140 \/ 196 TTJ 706(Mum)  (Trib.)"},"content":{"rendered":"<p>Allowing the appeal of the assessee the Tribunal held that ;corpus donations received by assessee-trust with specific directions by donors to be applied towards specific purpose for which respective fund was created would be treated as capital receipts. Accordingly the corpus donation\u00a0 is not taxable though the trust is\u00a0 not registered under S.12A\u00a0 of the Act. ( AY. 2012-13)<b><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 12A : Registration \u2013Trust or institution- Corpus donations received by trust with specific directions by donors to be applied towards specific purpose be treated as capital receipts-  Corpus donation cannot be  taxed though the trust is not registered. [ S. 2(24) iia),11, 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":[1],"tags":[],"class_list":["post-2769","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-IF","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2769","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=2769"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2769\/revisions"}],"predecessor-version":[{"id":5015,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/2769\/revisions\/5015"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=2769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=2769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=2769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}