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2 results for “bogus purchases”+ Section 12Aclear

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Key Topics

Section 12A10Exemption2

MESERS SHRI SWAMI SHANKARNATH PARVAT CHARITABLE AND WELFARE TRUST ,KAPURTHALA vs. THE COMMISSIONER OF INCOME TAX (EXEMPTIONS), CHANDIGARH

In the result, the assessee appeal is allowed

ITA 602/ASR/2018[2018-19]Status: DisposedITAT Amritsar21 Sept 2021AY 2018-19

Bench: Sh. Laliet Kumar & Dr. M. L. Meenai.T.A. No. 602/Asr/2018 Assessment Year: N.A.

Section 12A

bogus, artificial and whether these are in accordance with the objects of the institution. The scope of enquiry does not extend beyond that pint...." 20. That the Hon'ble Allahabad High Court in the case of CIT v Red Rose School [2007] 163 Taxman 19 (Allahabad) held that: "Section 12AA, which lays down the 10 procedure for registration, does

SANT BABA JIWAN SINGH KAR SEWA,TARN TARAN vs. COMMISSIONER OF INCOME TAX -EXEMPTION, CHANDIGARH

In the result, the appeal bearing ITA No

ITA 117/ASR/2019[2018-19]Status: DisposedITAT Amritsar12 Sept 2022AY 2018-19

Dr. M. L. Meena & Sh. Anikesh Banerjee

Bench:
Section 12A

purchase of the crops were produced before the revenue authority and also it is annexed in page no. 42 to 52 of the APB. There is no question about the genuineness of the transaction. Accordingly, the rejection of the application is arbitrary and bad in law. I.T.A. No.117/Asr/2019 4 5. The ld. CIT DR vehemently argued and placed that