S S BRAHMA EDUCATIONAL TRUST,MAYURBHANJ vs. PRINICIPAL COMMISSIONER OF INCOME TAX, PCIT, SAMBALPUR, SAMBALPUR
In the result, appeal of the assessee is allowed
ITA 107/CTK/2024[2015-16]Status: HeardITAT Cuttack05 Jun 2024AY 2015-16
For Appellant: Shri P.K.Mishra, AdvocateFor Respondent: Shri Sanjay Kumar, CIT-DR
Section 148Section 263Section 69
6. The ld. AR submitted that the notice for reassessment was issued after the registration u/s.12AA of the Act granted by the ld.Pr.CIT(E) and in terms of the provision of sub-section (2) of Section 12A of the Act, no action u/s.147 of the Act shall be taken in case of any trust or institution for any assessment year
