TILLA BABA FARID RELIGIOUS & CHARITABLE SOCIETY,FARIDKOT vs. THE INCOME TAX OFFICER(EXEMPTIONS), AMRITSAR.
In the result, the assessee’s appeal is allowed for statistical purposes, and the Revenue’s appeal is dismissed
ITA 621/ASR/2015[2012-13]Status: DisposedITAT Amritsar20 Apr 2018AY 2012-13
Bench: Sh. Sanjay Arora & Sh. N. K. Choudhryi.T.A. No. 621/(Asr)/2015 Assessment Year: 2012-13
For Appellant: Sh. S. K. Kataria (Adv.)For Respondent: Sh. Rajeev Gubgotra (D.R.)
Section 10Section 11Section 12ASection 12A(2)Section 143(3)Section 271(1)(c)Section 32Section 32(1)
penalty proceedings u/s. 271(1)(c).
In appeal, it was claimed that in-as-much as registration u/s. 12AA has since been granted, i.e., on 13.04.2015, the benefit of section 11 could not be denied.
Alternatively, it was claimed that the AO has by mistake adopted the figure of gross receipt for reckoning tax liability, i.e., without excluding the related
