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Case lawHigh Court › CIT (Exemptions) v Audyogik Shikshan Mandal
High CourtHelps taxpayers.11s.13s.13(2)(b)s.13(3)s.12AAs.260A

CIT (Exemptions) v Audyogik Shikshan Mandal

Trust funds went to a trustee. Does the trust lose exemption on all its income or only that amount?

Trust funds went to a trustee. Does the trust lose exemption on all its income or only that amount?

Only that amount. Denial of exemption under s.11 is confined to the sum actually diverted in breach of s.13; s.13 withdraws the benefit in respect of the offending income or property, not for the trust as a whole.

Decided by the High Court (Bombay High Court — Akil Kureshi and M.S. Sanklecha JJ.) on 2018-12-18, reported as [2019] 101 taxmann.com 247 (Bombay) / [2019] 261 Taxman 12 (Bombay); IT Appeal No. 764 of 2016. It bears on section 11, section 13, section 13(2)(b), section 13(3), section 12AA, section 260A of the Income Tax Act 1961, in Charitable Trusts & Exemption and Capital Gains Exemptions matters.

Read this before you cite it. Two cautions. This judgment dismissed the Revenue's appeal as raising no substantial question of law, so it declines to disturb an existing line rather than settling a contested one. And there is a live conflict for pre-AY 2023-24 years: the Supreme Court in Bharat Diamond Bourse and the Delhi and Kerala High Courts denied the entire exemption, so the Bombay view is not settled for those years.
Still good law. Followed since. In Dy. CIT (Exemptions) v. Mukund Bhavan Trust [2025] 179 taxmann.com 634 (Pune - Trib.), decided 8 October 2025 for assessment years 2017-18 and 2018-19, the Tribunal followed this decision at para 9 and dismissed the Revenue's appeals; the same order records at para 8 that the Bombay High Court had dismissed the Revenue's appeal in ITA No. 683 of 2018 on the footing that no substantial question of law arose, the issue being covered by this judgment. Parliament has since adopted the same view prospectively: the Finance Act 2022 amended s.13(1)(c) so that only that part of the income applied in violation is to be included in total income, and inserted s.115BBI taxing such specified income at thirty per cent. For years before that the position remains contested, because the Supreme Court in DIT v. Bharat Diamond Bourse (2003) 259 ITR 280 and the Delhi and Kerala High Courts (Charanjiv Charitable Trust; Agappa Child Centre) denied the entire exemption — although this Court read Bharat Diamond Bourse as not deciding the point. Where this was checked.

Why it matters

Officers commonly treat a single interested-person transaction — here cars bought with trust funds and registered in trustees' names — as forfeiting the entire year's exemption, which converts a small breach into a demand on the whole surplus. Parliament has since adopted the partial-denial view prospectively, amending s.13(1)(c) so that only the part applied in violation is included in total income and inserting s.115BBI to tax it at thirty per cent. For years before that the argument still has to be fought on case law.

Binding within that High Court's jurisdiction. Persuasive elsewhere.

Not yet CA-verified. This entry was found through the sources listed under the Sources tab, and the summary reflects what those sources say. Nobody has yet read the full judgment and signed it off. Check the source before relying on it.

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Related

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Used in these worked examples

Notice situations where this decision carries one of the steps.
A cancellation notice on the registration and an exemption denial in the same seasonOur trust charges course fees and paid rent to a trustee — can they cancel the registration and tax the whole of our income?