SOMANI CHARITABLE TRUST,GWALIOR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2, GWALIOR

The appeals of the assessee stand allowed in above terms

Bench: :Smt. Annapurna Gupta & Shri Sunil Kumar Singh

12A providing that provisions of section 11 and 12 shall apply to preceding years too where proceedings are pending before the Assessing officer and the proceeding before ‘CIT(A)’ was extension of assessment proceedings and claim raised before ‘CIT(A)’, which accrued on 15.10.2018 after passing of the Assessment Order dated 28.02.2013 ought to have been allowed