BHARTIYA SHIKSHA PRACHAR SAMITI TONK,TONK vs. CIRCLE(EXEMP.), JAIPUR, JAIPUR
ITA 895/JPR/2024[2016-17]Status: DisposedITAT Jaipur11 Sept 2024AY 2016-17
Bench: Learned Cit(A), Feeling Dissatisfied With The Assessment Order Dated 06.12.2018. Assessment Was Framed By The Assessing Officer. By Way Of Assessment Order, The Assessing Officer (Exemption Circle), Jaipur Computed The Total Income Of The Assessee As Under:- “7. Subject To Above, The Total Income In This Case Is Computed As Under:- Gross Receipts As Per Income & Expenditure A/C Rs. 8,20,85,351/- Less: Revenue Expenditure As Per Income & Expenditure Account Rs. 6,28,43,345/- Rs. 1,92,42,006/- Total Income Rs. 1,92,42,006/- Rs. 1,92,42,010/-“ Rounded Off
For Appellant: Shri P.C. Parwal, C.AFor Respondent: Shri Anup Singh (Addl.CIT)
Section 10Section 11Section 12ASection 143(2)
these two provisions dealing with charitable organisations. Now, efforts have been made to do away with this overlap by adding two provisos to section 11(7) of the Act, which state that once a trust or an institution has a registration under section 10(23C) or section 10(46), then