IRM TRUST,AHMEDABAD vs. THE ACIT.,CIRCLE-11,, AHMEDABAD

In the result, appeal of the assessee is partly allowed

Bench: Shri S.S. Godara & Shri Pradip Kumar Kediaआयकर अपील सं./I.T.A. No.2853/Ahd/2013 ("नधा"रण वष" / Assessment Year : 2008-09)

section 80L(i) by Finance Act, 1994. However, as noted above, the assessee has admittedly offered itself as an assessable entity in the status of AOP as permissible in law. Therefore, there is no case for its status as individual. The deduction under s.54 of the Act is thus totally ousted. We do not see any possibility of debate surfacing

SHRI VITHALBHAI R.PATEL,,NADIAD vs. THE INCOME TAX OFFICER, WARD-4,, NADIAD

In the result, the appeal of the assessee is partly allowed