M/S. SHREE-E-KASHMIR COLLEGE OF EDUCATIONAL,JAMMU vs. THE INCOME-TAX OFFICER, JAMMU
In the result, the captioned four appeals of the Assessee Trust are allowed
ITA 558/ASR/2011[2008-09]Status: DisposedITAT Amritsar13 Jun 2022AY 2008-09
Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
For Appellant: Sh. P. N. Arora, AdvFor Respondent: Sh. Manpreet Singh Duggal, Sr. DR
Section 10Section 13Section 13(2)Section 13(3)Section 234A
Disallowance of Interest paid by 1,96,496/- 6,89,994/-
3,53,381/- - the Trust on term loan by holding that the trust has made interest free advances to its Trustees.
21,72,081/- 24,61,984/- 9,51,368/- 9,24,414/-
Total additions made under section 143(3) of the I.T. Act,
Income Returned
