ITAT Delhi Judgments — August 2017

The Tribunal noted that the CIT(A) had considered the details furnished by the assessee, including demand drafts, PAN, ITRs, and balance sheets. Since the CIT(A) had already made a finding on these aspects, the appeal was dismissed.

The Tribunal held that the CIT's approach of outright rejection of self-drawn vouchers was inappropriate and that the CIT should have examined their veracity. It also noted that the trust had already obtained registration under Section 12AA, indicating its charitable nature. Therefore, the denial of 80G approval was unjustified.

The Tribunal found that the AO passed an ex-parte order and the CIT(A) also confirmed additions without proper examination, especially regarding the net profit rate applied to sundry creditors. The matter was set aside for reconsideration by the AO.