ASSISTANT COMMISSIONER OF INCOME TAX (E), LUCKNOW vs. M/S. PANDIT MADAN SWARUP SHOTRI PUBLIC CHARITABLE TRUST, ALLAHABAD
ITA 8/LKW/2020[2013-14]Status: DisposedITAT Lucknow07 February 202510 pages
Income Tax Appellate Tribunal, LUCKNOW BENCH ‘A’, LUCKNOW
Before: SHRI KUL BHARAT & SHRI ANADEE NATH MISSHRA
PER ANADEE NATH MISSHRA:A.M.
(A)
This appeal has been filed by the assessee for assessment year 2013-
14 against impugned appellate order dated 24/10/2019 passed by learned
Commissioner of Income Tax (Appeals) [“CIT(A)” for short].
(B)
In this case, assessment order dated 15/03/2016 was passed u/s 143(3) of the I. T. Act whereby the assessee’s income was computed at Rs.2,56,89,059/-, as against returned income of nil. The relevant portion of the assessment order is reproduced as under:
“2. The assessee Trust has been constituted and executed on 02.09.1994 and registered with Dy.