When is an assessee entitled for exemption u/s 11?

Last updated: 27 November 2021

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This judgement from the High Court of Karnataka addresses the entitlement of an assessee for exemption under Section 11 of the Income Tax Act. The case involves Coffee Day Global Limited and the Deputy Commissioner of Income Tax. The court's decision clarifies the criteria and conditions that must be met for an organisation to be eligible for tax exemptions on income derived from charitable or religious purposes.

Court :
High Court Of Karnataka

Brief :
This appeal is filed under section 260A of the Income Tax Act,1961.

Citation :
ITA/317/2021

IN THE HIGH COURT OF KARNATAKA AT BENGALURU DATED THIS THE 25TH DAY OF OCTOBER, 2021 PRESENT THE HON'BLE MRS.JUSTICE S.SUJATHA AND THE HON'BLE MR. JUSTICE E.S.INDIRESH I.T.A.No.137/2021
BETWEEN :
COFFEE DAY GLOBAL LIMITED (FORMERLY KNOWN AS AMALGAMATED BEAN COFFEE TRADING COMPANY LTD.) NO.23/2, COFFEE DAY SQUARE, VIITAL MALLYA ROAD, BENGALURU-560001 REP BY ITS DIRECTOR Mr. JAYARAJ C. HUBLI
AND :
APPELLANT
(BY SMT.MANASA ANANTHAN, ADV. A/W SRI SURYANARAYANA T., ADV.)
1 . DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 2(1)(1), BMTC BUILDING, KORAMANGALA 6TH BLOCK, BENGALURU-560085.
2 . DEPUTY COMMISSIONER OF INCOME-TAX CIRCLE-1(1)(1), BMTC BUILDING, KORAMANGALA 6TH BLOCK, BENGALURU-560085.
3 . ADDITIONAL COMMISSIONER OF INCOME-TAX RANGE 1(1), BMTC BUILIDNG,

Please find attached the enclosed file for the full judgement.

FAQ :

The judgement concerns the conditions under which an assessee is entitled to claim exemption under Section 11 of the Income Tax Act.

The parties are Coffee Day Global Limited (formerly Amalgamated Bean Coffee Trading Company Ltd.) as the appellant and the Deputy Commissioner of Income Tax and Additional Commissioner of Income Tax as respondents.

The judgement specifically discusses Section 11 of the Income Tax Act, which relates to income from property held for charitable or religious purposes.

This judgement was passed by the High Court of Karnataka at Bengaluru.

Attached File : 1442821_4644_ita137_21_25_10_2021.pdf

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Judgement posted by

Poojitha Raam Vinay

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I simplify complex income tax, TDS, banking, and investment updates into practical insights for taxpayers, salaried professionals, pensioners, and senior citizens. I regularly write on ITR filing, tax compliance, savings schemes, and the latest financial rule changes in India.

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