GURU KRISHNANAND CHARITABLE TRUST,COIMBATORE vs. DCIT, CENTRAL CIRCLE-1, COIMBATORE, COIMBATORE
In the result, the appeals filed by the assesses in ITA Nos
ITA 127/CHNY/2024[2011-12]Status: DisposedITAT Chennai04 Dec 2024AY 2011-12
Bench: Hon’Ble Shri Manoj Kumar Aggarwal & Hon’Ble Shri Manu Kumar Giriआयकरअपील सं./ Ita Nos.127, 128 & 129/Chny/2024 (िनधा"रणवष" / Assessment Years: 2011-12, 2012-13 & 2013-2014) Guru Krishnanand Charitable Trust, Vs. The Deputy Commissioner Of 157, P.M. Swamy Colony, Income Tax, 5Th Street, Central Circle 1, Coimbatore 641 002. Coimbatore [Pan: Aaatg 4923A] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/ Appellant By : Shri. N. Arjun Raj, Advocate ""यथ" क" ओर से /Respondent By : Ms. R. Anita, Irs, Addl. Cit.
For Appellant: Shri. N. Arjun Raj, AdvocateFor Respondent: Ms. R. Anita, IRS, Addl. CIT
Section 12ASection 132Section 142(1)Section 144Section 148Section 271F
Charitable Trust. The assessee trust has not filed any return of Income originally for the AY 2011-12. Consequent to search, basing on some inquiries it was found that there were huge cash deposits in bank accounts of appellant trust. Some other issues were also noticed by AO like payments made by Appellant trust to individuals, withdrawal of funds
