ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

ACIT, CENTRAL CIRCLE- 26, NEW DELHI vs. GD FOODS MANUFACTURING (INDIA) PVT. LTD., NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

GD FOODS MANUFACTURING (INDIA) PVT. LTD.,NEW DELHI vs. ACIT, CENTRAL CIRCLE- 26, NEW DELHI

The appeal of the revenue is dismissed

Bench: Shri Prashant Maharishi & Shri K. N. Chary

36 of the Act ; (b) the expenditure must have been incurred wholly and exclusively for the purposes of the assessee's business ; (c) it should not/must not be personal in nature ; and (d) it should not/must not be capital in nature." 13. The Explanation to section 37(1) of the Act was inserted by the Finance

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading Co 52,47,430 India Sales

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading Co 52,47,430 India Sales

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading Co 52,47,430 India Sales

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading Co 52,47,430 India Sales

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading Co 52,47,430 India Sales

RR CARWELL PVT LTD,NEW DELHI vs. DCIT CENTRAL CIRCLE-4, NEW DELHI

In the result, appeals filed by the assessee for AY

Bench: Shri R.K. Panda & Ms. Suchitra Kamble

section 69C of the I.T. Act, 1961. 2.14. During the course of assessment proceedings, the A.O. noted that the assessee company has shown purchases of Rs.5,34,76,626/- from the following parties during the year under consideration. Party Name Amount Delite Trading Co. 18,82,671 Ganesh Enterprises 19,65,386 Hans Trading Co 52,47,430 India Sales

LAKHMI CHAND CHARITABLE SOCIETY,NEW DELHI vs. PCIT CENTRAL 3, NEW DELHI

Bench: Shri S. Rifaur Rahman & Ms.Madhumita Roylakhmi Chand Vs. Principal Commissioner Charitable Society, Of Income Tax, Central-3 Elephanta Lane, Behind Room No. 325, 3Rd Floor, Sector-10/6 Market, New Income Tax Building, E-3 Golak Dham, Sector-10, Ara Centre, Jhandewalan Dwarka, Extension, New Delhi - 110075 New Delhi - 110055

1) cannot be said to be case of application for objects of the trust. Gr. 3.1. Reference made of provisions of sec 12AA without appreciating that said section is not applicable wef. 01.04.2021 (Pg 19-20)  Reference to sec 12AA has only been made since the registration granted earlier was governed by this section. Thus, reference to this section