Facts of the
Case
The respondent, IILM Foundation (formerly Ram
Krishna Kulwant Rai Charitable Trust), is a charitable trust registered under
Section 12A of the Income-tax Act and engaged in imparting education through
various institutions. For Assessment Years 2009-10, 2010-11 and 2011-12, the
trust filed returns declaring nil income and claimed exemption under Sections
11 and 12.
During assessment proceedings for AY 2009-10, the
Assessing Officer noted that the trust had paid salary of ₹16,20,000 per annum
to Ms. Malvika Rai, Chairperson of the trust, who was a related person under
Section 13(3). The Assessing Officer held the salary to be excessive and
disallowed 30% of the amount under Section 40A(2)(a), also alleging violation
of Section 13(1)(c). The trust was further treated as an association of persons
and its exemption was denied.
The Commissioner of Income Tax (Appeals) deleted
the disallowance holding the salary to be reasonable and also allowed exemption
under Sections 11 and 12, particularly noting that cancellation of registration
under Section 12A had already been set aside by the ITAT. The ITAT, after
considering additional evidence demonstrating the services rendered by Ms. Rai,
dismissed the Revenue’s appeals. Aggrieved, the Revenue approached the Delhi
High Court under Section 260A.
Issues
Involved
Whether payment of salary to a related trustee
automatically results in violation of Section 13(1)(c), whether reasonable
remuneration paid for services rendered to a person specified under Section
13(3) disentitles a charitable trust from exemption under Sections 11 and 12,
and whether the ITAT’s findings were perverse in law or on facts.
Petitioner’s
Arguments
The Revenue argued that once it was admitted that
salary was paid to a prohibited person under Section 13(3), the trust stood
disentitled to exemption under Sections 11 and 12 in entirety, irrespective of
whether the payment was reasonable. Reliance was placed on the Delhi High Court
decision in Director of Income Tax (Exemption) vs. Charanjiv Charitable Trust
to contend that even a single instance of benefit to a prohibited person would
forfeit exemption.
Respondent’s
Arguments
The assessee contended that Section 13(1)(c) read
with Section 13(2)(c) permits payment of salary to persons specified under
Section 13(3) provided such payment is reasonable and commensurate with
services rendered. It was submitted that extensive evidence was placed on
record to establish Ms. Rai’s active role, experience of over two decades in
education, and her involvement in academic and administrative functions. The
salary paid was reasonable and consistently accepted in earlier and subsequent
years.
Court Order
/ Findings
The Delhi High Court examined the statutory scheme
of Section 13(1)(c) and Section 13(2)(c) and held that the exemption under
Sections 11 and 12 is denied only to the extent income is applied for the
benefit of a prohibited person. Where salary is paid for services rendered and
is not excessive or unreasonable, such payment cannot be treated as income
applied for the benefit of a prohibited person.
The Court noted that it was undisputed that the
salary paid to Ms. Malvika Rai was reasonable and commensurate with her
qualifications, experience and services rendered. The Revenue did not contest
the factual findings of the ITAT in this regard. The Court clarified that the
decision in Charanjiv Charitable Trust was rendered in a different factual
context and could not be read to mean that every payment to a related person,
irrespective of reasonableness, results in forfeiture of exemption.
Accordingly, the Court held that there was no
violation of Section 13(1)(c) and the trust was entitled to exemption under
Sections 11 and 12.
Important
Clarification
The High Court clarified that payment of salary or
remuneration to a person specified under Section 13(3) does not automatically
trigger denial of exemption. Only payments that are excessive or unreasonable
having regard to services rendered fall within the mischief of Section 13(1)(c)
read with Section 13(2)(c). Reasonable remuneration for genuine services does
not disentitle a charitable trust from exemption.
Final
Outcome
The appeals filed by the Revenue were dismissed.
The questions of law were answered in favour of the assessee and against the
Revenue, and the ITAT’s order allowing exemption under Sections 11 and 12 to
IILM Foundation was upheld.
Link to
download order https://www.mytaxexpert.co.in/uploads/1769755918_COMMISSIONEROFINCOMETAXEXEMPTIONDELHIVsIILMFOUNDATION.pdf
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