M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL , BENGALURU

purchase of\nland in their individual capacity and advances to related entities.\nThere was bogus expenditure debited by the trust for generation of\ncash through bogus billing and invoices including unaccounted and\nunexplained cash transactions across several years.\n05. Based on the case of assessee selected for scrutiny and as per second\nproviso to section 143(3) reference was sent

M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST ,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL , BANGALORE

purchase of\nland in their individual capacity and advances to related entities.\nThere was bogus expenditure debited by the trust for generation of\ncash through bogus billing and invoices including unaccounted and\nunexplained cash transactions across several years.\n05. Based on the case of assessee selected for scrutiny and as per second\nproviso to section 143(3) reference was sent

M/S. RUKMINI EDUCATIONAL CHARITABLE TRUST,BENGALURU vs. PRINCIPAL COMMISSIONER OF INCOME TAX, CENTRAL, BENGALURU

Bench: Shri Prashant Maharishi & Shri Soundararajan K.

ac) of sub-section (1) of section 12A is not complete or it contains false or incorrect information.] ITA Nos.2106 to 2109/Bang/2024 Page 65 of 81 45. On careful perusal of the above provisions of the act it is apparently clear that with respect to the any trust which is registered or provisionally registered and subsequently to the authority namely