ITAT upholds assessment against Eastern India Healthcare Foundation
In short
Eastern India Healthcare Foundation failed to prove a related party under section 13(3), and the ITAT kept the assessment in place.
The earlier order said the trust had donated money to Medica Hospitals, which was treated as the apparent related party. The report does not say the tax amount, the year involved, or whether the trust will appeal again.
What the reporting says
Eastern India Healthcare Foundation failed to establish a related party under section 13(3), and the ITAT upheld the assessment. The prior order had said the assessment was erroneous because the trust donated funds to Medica Hospitals, which was described as the apparent related party. The reporting does not state the tax amount, the assessment year, or whether any further appeal will follow.
Why it matters
The ITAT upheld the assessment against Eastern India Healthcare Foundation after it did not establish a related party relationship under section 13(3). The earlier order had pointed to donations made to Medica Hospitals as the basis for treating it as an apparent related party. The available reporting does not state the tax demand, the assessment year, or any next legal step.