The assessee, Shri Krishna Janmashtmi Mahotsav Samiti,
is a public charitable trust duly registered under Section 12A and also
approved under Section 80G of the Income-tax Act, 1961. The trust is
primarily engaged in organizing religious and cultural activities, including
the celebration of Janmashtami Mahotsav, establishment of ashrams, and
publication of spiritual literature.
For Assessment Year 2014-15, the assessee filed its
return declaring nil income after claiming exemption under Sections
11 and 12. The Assessing Officer completed the assessment under Section
143(3) and treated an amount of ₹50.54 lakh, received during the
Janmashtami Mahotsav, as business income, alleging that the donations
were in the nature of advertisement and promotion, taxable under Section
11(4A) at the maximum marginal rate.
The addition was primarily based on replies received from
certain donors pursuant to notices issued under Section 133(6). The
First Appellate Authority upheld the assessment, observing inconsistencies in
the assessee’s submissions regarding the nature of donations.
On further appeal, the Income Tax Appellate Tribunal, Delhi
Bench, examined the objects and activities of the trust and held that the
assessee was engaged in religious and cultural activities, which are
outside the ambit of the proviso to Section 2(15) relating to
advancement of general public utility. The Tribunal further observed that even
otherwise, the disputed receipts were well within the prescribed statutory
threshold.
The Tribunal categorically held that the donations were
received to further the religious objectives of the trust, such as organizing
Janmashtami celebrations, conducting bhandaras, religious discourses, publicity
for events, and construction of a dharamshala. Mere acknowledgment of donor
names on banners or at event sites does not convert voluntary contributions
into commercial or business receipts, as there was no profit motive
involved.
Accordingly, the ITAT concluded that the receipts could not be
treated as business income and that the assessee was rightly entitled to
exemption under Sections 11 and 12.
The addition made by the Assessing
Officer was deleted and the appeal of the assessee was allowed.
SOURCE LINK : https://itat.gov.in/public/files/upload/1765973667-HebYbQ-1-TO.pdf
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