ACIT (EXEMPTION) CIRCLE 1 AHMEDABAD, AHMEDABAD vs. DR K R SHROFF FOUNDATION, AHMEDABAD

In the result, appeal of the assessee is partly allowed\n\n29

charitable trust in existence since\n2001 and registered under Section 12AA of the Act. The assessee\nhad received 80,00,000 numbers of equity shares of e-Infochips\nLimited as corpus donation from its trustee Shri Pratul Krishnakant\nShroff on 12.12.2017. Thereafter, all the shares of e-Infochips\nLimited, including those held by the assessee, were acquired by\nArrow Electronics

LATE SMT. SAVITABEN PATEL EDUCATION CHARITABLE TRUST,ANAND vs. THE ITO, WARD-1, ANAND

In the result, appeal of the assessee is allowed for statistical purpose

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

Charitable Trust vs. ITO] - 2 – explanation of the assessee, the delay in filing the present appeal is condoned. 3. The brief facts of the case are that the assessee did not file its return of income for the A.Y. 2017-18. The case of the assessee was identified in Actionable Information Monitoring System (AIMS) for cash deposit of Rs.16

SHREE RADHA MADHAV GAU SEVA CHARITABLE TURST,BHAVNAGAR vs. INCOME TAX OFFICER (EXEMPTION WARD), BHAVNAGAR

In the result, appeal of the assessee is partly allowed for statistical purpose

Bench: Ms. Suchitra Kambleassessment Year: 2017-18

Charitable Trust, Ward), Bochadya, Bhavnagar. Ujaval, Vs. Gadha, Gujarat - 364 002 [PAN – AAQTS 5720 H] (Appellant) (Respondent) Assessee by Shri Sapnesh Sheth, CA Revenue by Shri Sanjaykumar, Sr. DR Date of Hearing 08.08.2024 Date of Pronouncement 06.09.2024 O R D E R This appeal is filed by the assessee against order dated 21.09.2023 passed by the CIT(A), National Faceless

RADHA MOHAN EDUCATION CHARITABLE TRUST,VI.MOYAD, TAL.PRANTIJ vs. THE INCOME TAX OFFICER(EXEMPTION), PALANPUR

In the result, appeal of the assessee is partly allowed for statistical purpose

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinhaassessment Year: 2017-18

Charitable Trust deposited cash of Rs.4,90,000/- in its bank account during the demonetisation period (9th November 2016 to 30th December 2016) in old currency. Since the assessee has not responded any of the Statutory Notices and not filed the return of income, the Assessing Officer proceeded on the basis of Section

THE FALAHE DARAIN EDUCATION SOCIETY,AHMEDABAD vs. DCIT, CIRCLE-1, EXMP., AHMEDABAD, AHMEDABAD

In the result, appeal filed by the assessee is allowed

Bench: SMT. ANNAPURNA GUPTA (Accountant Member), SHRI T.R. SENTHIL KUMAR (Judicial Member)

unexplained money. The appellant had clearly explained that the deposits represented regular fee collections from students of its educational institutions, duly recorded in the audited books of account. The Ld. AO as well as Ld. CIT(A) failed to appreciate that the source of cash deposits was from the trust's normal charitable

SHRI RUSHABHDEV SWETAMBAR MURTIPUJAK JAIN SANGH,AHMEDABAD vs. THE ITO, WARD-2 (EXEMPTION), AHMEDABAD

In the result, the appeal of the assessee is partly allowed for statistical purposes

Bench: Shri T.R. Senthil Kumar&Shri Makarand V. Mahadeokar

charitable trust under section 12AA of the Act. The Assessing Officer received information through NMS/Insight database indicating that cash deposits aggregating to Rs. 21,56,720/- and bank interest income of Rs. 1,37,082/- were recorded in certain bank accounts during the financial year relevant to the assessment year under consideration, corresponding to PAN AAATR2081G. According

THE DCIT, CENTRAL CIRCLE-2, VADODARA vs. M/S. SIGMA INSTITUTE OF TECHNOLOGY AND ENGINEERING,, VADODARA

In the result, appeal filed by the Revenue is partly allowed

Bench: the Hon'ble Settlement Commission.

money of the assessee and the balance that of Shree Parishram Education and Medical Charitable Trust. Thus, total unaccounted deposits of Rs.77,82,892/- being aggregate of Rs.25,70,020/- and Rs.52,12,872/- was added to the total income of the assessee. 18. Before the Ld. CIT(A), the assessee submitted that out of the accounts listed as undisclosed

THE JANSEVA TRUST,GODHRA vs. THE INCOME TAX OFFICER, WARD 4(1)(2), VADODARA (NOW INCOME TAX OFFICER, WARD 1, GODHRA), GODHRA

In the result, the appeal of the assessee is allowed for statistical purposes, subject to the above directions

Bench: Shri T.R. Senthil Kumar & Shri Makarand V. Mahadeokarआयकर अपील सं /Ita No.851/Ahd/2023 िनधा"रण वष" /Assessment Year : 2017-18 The Janseva Trust The Ito बनाम/ Opp. Gyandeep School Ward-4(1)(1)(2), Vadodara V/S. Nr.Jivanlal Hospital (Now Ito, Ward-1, Godhra – 389 001 (Gujarat) Godhra – 389 001) "थायी लेखा सं./Pan: Aaatt 2888 D (अपीलाथ$/ Appellant) (%& यथ$/ Respondent) Assessee By : Ms. Nikhita Bhamblani & Amrin Pathan, Ars Revenue By : Shri Rignesh Das, Sr.Dr सुनवाई की तारीख/Date Of Hearing : 27/01/2025 घोषणा की तारीख /Date Of Pronouncement: 29/01/2025 आदेश/O R D E R Per Makarand V. Mahadeokar, Am: The Present Appeal Has Been Filed By The Assessee Against The Order Passed By The Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre, Delhi [Hereinafter Referred To As “Cit(A)”], Dated 29.08.2023, For The Assessment Year (A.Y.) 2017-18. The Said Appeal Arises From The Assessment Order Passed By The Income Tax Officer (Ito), Ward 4(1)(2), Vadodara [Hereinafter Referred To As “Ao”], Under Section 144 Of The Income Tax Act, 1961 [Hereinafter Referred To As “The Act)”], On 24.12.2019. The Janseva Trust Vs. Ito Asst. Year : 2017-18

charitable trust registered with the Charity Commissioner, Panchmahal, Gujarat (Registration No. Panchmahal E-2243, dated 31.01.1993). It is engaged in providing financial relief to poor and needy individuals by offering small, interest-free loans as part of its micro- finance activities. Despite being operational during the financial year relevant to the assessment year under consideration, the assessee did not file

ANAND EDUCATION TRUST,AHMEDABAD vs. THE ITO, WARD-1 (EXEMPTIONS), AHMEDABAD

In the result, the appeal of the assessee is allowed for statistical\npurposes

charitable trust engaged in running Government-\napproved educational institutions – Shree Panchtirth Vidhyalaya (standards\n1 to 8) and Shree Panchtirth Higher Secondary School (standards 9 to 12).\nBased on AIR information under the Insight Portal, it was observed that the\nassessee had deposited cash aggregating to Rs.1,37,90,000/- during Financial\nYear (FY) 2017-18. The assessee had not filed

NANDASAN JUTH KELAVANI MANDAL ,MEHSANA vs. THE INCOME TAX OFFICER, WARD- EXEMPTION, PALANPUR

In the result the appeal of the assessee is allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Tr Senthil Kumari.Ta. No.1625/Ahd/2024 &

unexplained money u/s.69 of the Act so made by the AO may kindly deleted or denovo restored backed to the filed of JAO for fresh adjudication with a permission to adduce adequate evidences on record and reasonable opportunity of being heard. ITA Nos. 1625 & 1591/Ahd/2024 Asst.Years –2016-17 & 2018-19 - 3– The appellant raves leave to add, alter, amend and/or

NANDASAN JUTH KELAVANI MANDAL,MEHSANA vs. THE INCOME TAX OFFICER, WARD- EXEMPTION, PALANPUR

In the result the appeal of the assessee is allowed for statistical purposes

Bench: Dr. Brr Kumar & Shri Tr Senthil Kumari.Ta. No.1625/Ahd/2024 &

unexplained money u/s.69 of the Act so made by the AO may kindly deleted or denovo restored backed to the filed of JAO for fresh adjudication with a permission to adduce adequate evidences on record and reasonable opportunity of being heard. ITA Nos. 1625 & 1591/Ahd/2024 Asst.Years –2016-17 & 2018-19 - 3– The appellant raves leave to add, alter, amend and/or

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

money under section 69A ITA Nos. 2612 to 2616/Ahd/2025 Gujarat Medical Education and Research Society Ahmedabad vs. DCIT Asst. Years –2015-16 & 2018-19 - 5– of the Act, time deposits of Rs.272,59,22,944/- as unexplained investments under section 69 of the Act, foreign remittance of Rs.45,59,238/- towards purchase of medical equipment as unexplained expenditure under section

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

money under section 69A ITA Nos. 2612 to 2616/Ahd/2025 Gujarat Medical Education and Research Society Ahmedabad vs. DCIT Asst. Years –2015-16 & 2018-19 - 5– of the Act, time deposits of Rs.272,59,22,944/- as unexplained investments under section 69 of the Act, foreign remittance of Rs.45,59,238/- towards purchase of medical equipment as unexplained expenditure under section

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

money under section 69A ITA Nos. 2612 to 2616/Ahd/2025 Gujarat Medical Education and Research Society Ahmedabad vs. DCIT Asst. Years –2015-16 & 2018-19 - 5– of the Act, time deposits of Rs.272,59,22,944/- as unexplained investments under section 69 of the Act, foreign remittance of Rs.45,59,238/- towards purchase of medical equipment as unexplained expenditure under section

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

money under section 69A ITA Nos. 2612 to 2616/Ahd/2025 Gujarat Medical Education and Research Society Ahmedabad vs. DCIT Asst. Years –2015-16 & 2018-19 - 5– of the Act, time deposits of Rs.272,59,22,944/- as unexplained investments under section 69 of the Act, foreign remittance of Rs.45,59,238/- towards purchase of medical equipment as unexplained expenditure under section

GUJARAT MEDICAL EDUCATION AND RESEARCH SOCIETY AHMEDABAD,GANDHINAGAR vs. THE DY.CIT, CIRCLE-1, EXEMP, AHMEDABAD

In the result, the appeals of the assessee for A

Bench: Shri Siddhartha Nautiyal & Shri Narendra Prasad Sinha

money under section 69A ITA Nos. 2612 to 2616/Ahd/2025 Gujarat Medical Education and Research Society Ahmedabad vs. DCIT Asst. Years –2015-16 & 2018-19 - 5– of the Act, time deposits of Rs.272,59,22,944/- as unexplained investments under section 69 of the Act, foreign remittance of Rs.45,59,238/- towards purchase of medical equipment as unexplained expenditure under section

THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1),, AHMEDABAD vs. SHRI SANJAY KISHANLAL BISHNOI,, AHMEDABAD

Bench: Shri Ramit Kochar & Ms. Suchitra Kamble

unexplained, therefore, the AO has rightly made the addition of the said amount. It is worth here to mention that the AO has made this addition in all the assessment years on the basis of the cash flow statement without granting the carry forward of the closing cash balance at the year end to the opening balance of either subsequent

THE ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE-2(1)(1),, AHMEDABAD vs. SHRI SANJAY KISHANLAL BISHNOI,, AHMEDABAD

Bench: Shri Ramit Kochar & Ms. Suchitra Kamble

unexplained, therefore, the AO has rightly made the addition of the said amount. It is worth here to mention that the AO has made this addition in all the assessment years on the basis of the cash flow statement without granting the carry forward of the closing cash balance at the year end to the opening balance of either subsequent