HERO FINCORP LIMITED,NEW DELHI vs. ACIT, CIRCLE 11(1), DELHI, C.R. BUILDING

In the result, the appeal of the assessee is partly allowed

2)(vilb) on this issue is not adjudicated since full facts are\nneeded for proper adjudication. In other words, this ground is dismissed as not\nadjudicated.\nTherefore, the addition of Rs.418,66,34,625 u/s.56(2)(viib) made by the\nFAO/NFAC is fully restored in its entirety by treating the Rectification Order\ndated 17th Jan 2020 passed u/s.154

LALA SHER SINGH MEMORIAL JEEVAN VIGYAN TRUST SOCIETY,DELHI vs. PCIT (CENTRAL)-3, JHANDEWALAN NEW DELHI, DELHI

In the result, the assessees‟ appeals are allowed

Bench: Shri C. N. Prasad & Shri M. Balaganeshlala Sher Singh Memorial Vs. Pcit(Central)-3, Jeevan Vigyan Trust Society, Jhandewalan, New Plot No. 18, Sector-22, Phase-1, Delhi Dwarka, Delhi-110075 (Appellant) (Respondent) Pan: Aaaal2241H Jindal Charitable Society, Vs. Pcit(Central)-3, Ps-2, C-3, Block, Phase-Ii, Jhandewalan, New Ashok Vihar, Delhi- 110052 Delhi (Appellant) (Respondent) Pan: Aaatj0588L Florence Nighingale Vs. Pcit(Central)-3, Educational Society, Jhandewalan, New Sector-16B, Phase-I, Haf Delhi Pocket-A, Sector-22, Delhi- 110075 (Appellant) (Respondent) Pan: Aaaaf1097R

119 of the Act. 3. That on facts and in law, the Ld. PCIT erred in relying on per incuriam decisions to assume jurisdiction by ignoring the binding precedents of the Co-ordinate bench of this Ld. Tribunal vide Lakhmi Chand Charitable Society v. PCIT (Central)-3 (ITA No. 1803/Del/2024) and Aggarwal Vidya Pracharni Sabha v. PCIT (Central

FLORENCE NIGHTINGALE EDUCATIONAL SOCIETY,DELHI vs. PR. COMMISSIONER OF INCOME TAX(CENTRAL)-3, DELHI

In the result, the assessees‟ appeals are allowed

Bench: Shri C. N. Prasad & Shri M. Balaganeshlala Sher Singh Memorial Vs. Pcit(Central)-3, Jeevan Vigyan Trust Society, Jhandewalan, New Plot No. 18, Sector-22, Phase-1, Delhi Dwarka, Delhi-110075 (Appellant) (Respondent) Pan: Aaaal2241H Jindal Charitable Society, Vs. Pcit(Central)-3, Ps-2, C-3, Block, Phase-Ii, Jhandewalan, New Ashok Vihar, Delhi- 110052 Delhi (Appellant) (Respondent) Pan: Aaatj0588L Florence Nighingale Vs. Pcit(Central)-3, Educational Society, Jhandewalan, New Sector-16B, Phase-I, Haf Delhi Pocket-A, Sector-22, Delhi- 110075 (Appellant) (Respondent) Pan: Aaaaf1097R

119 of the Act. 3. That on facts and in law, the Ld. PCIT erred in relying on per incuriam decisions to assume jurisdiction by ignoring the binding precedents of the Co-ordinate bench of this Ld. Tribunal vide Lakhmi Chand Charitable Society v. PCIT (Central)-3 (ITA No. 1803/Del/2024) and Aggarwal Vidya Pracharni Sabha v. PCIT (Central

JINDAL CHARITABLE SOCIETY,DELHI vs. PR. COMMISSIONER OF INCOME TAX(CENTRAL)-3, DELHI

In the result, the assessees‟ appeals are allowed

Bench: Shri C. N. Prasad & Shri M. Balaganeshlala Sher Singh Memorial Vs. Pcit(Central)-3, Jeevan Vigyan Trust Society, Jhandewalan, New Plot No. 18, Sector-22, Phase-1, Delhi Dwarka, Delhi-110075 (Appellant) (Respondent) Pan: Aaaal2241H Jindal Charitable Society, Vs. Pcit(Central)-3, Ps-2, C-3, Block, Phase-Ii, Jhandewalan, New Ashok Vihar, Delhi- 110052 Delhi (Appellant) (Respondent) Pan: Aaatj0588L Florence Nighingale Vs. Pcit(Central)-3, Educational Society, Jhandewalan, New Sector-16B, Phase-I, Haf Delhi Pocket-A, Sector-22, Delhi- 110075 (Appellant) (Respondent) Pan: Aaaaf1097R

119 of the Act. 3. That on facts and in law, the Ld. PCIT erred in relying on per incuriam decisions to assume jurisdiction by ignoring the binding precedents of the Co-ordinate bench of this Ld. Tribunal vide Lakhmi Chand Charitable Society v. PCIT (Central)-3 (ITA No. 1803/Del/2024) and Aggarwal Vidya Pracharni Sabha v. PCIT (Central

DCIT (E), NEW DELHI vs. ERNET INDIA, NEW DELHI

In the result, the appeal of the Revenue is dismissed

Bench: Shri Amit Shukla & Shri B.R.R. Kumar

B. Research Activities and ICT Projects . 1. Trans Eurasia Information Network - TEIN3 The Trans-Eurasia Information Network (TEIN) initiative was launched at the Asia. Europe Meeting (ASEM) Summit in Seoul in 2000 to improve Euro-Asian research networking. TEIN3 that started in 2009 has expanded its footprint to South Asia bringing the total number of partners to 18. Asian countries

ADIT(E), NEW DELHI vs. M/S. ERNET INDIA, NEW DELHI

In the result, both the appeals of the revenue are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

B. Research Activities and ICT Projects . 1. Trans Eurasia Information Network - TEIN3 The Trans-Eurasia Information Network (TEIN) initiative was launched at the Asia. Europe Meeting (ASEM) Summit in Seoul in 2000 to improve Euro-Asian research networking. TEIN3 that started in 2009 has expanded its footprint to South Asia bringing the total number of partners to 18. Asian countries

ADIT(E), NEW DELHI vs. M/S. ERNET INDIA, NEW DELHI

In the result, both the appeals of the revenue are dismissed

Bench: Shri Bhavnesh Saini & Shri Prashant Maharishi

B. Research Activities and ICT Projects . 1. Trans Eurasia Information Network - TEIN3 The Trans-Eurasia Information Network (TEIN) initiative was launched at the Asia. Europe Meeting (ASEM) Summit in Seoul in 2000 to improve Euro-Asian research networking. TEIN3 that started in 2009 has expanded its footprint to South Asia bringing the total number of partners to 18. Asian countries

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

119 or Section 120 of the Act. The registration can be withdrawn/cancelled only by the 'Prescribed Authority' who has been empowered to grant the registration as held in several judicial pronouncements including the case title Pacific Academy of Higher Education P a g e | 11 Lakhmi Chand Charitable Society Vs. Pr.CIT, Central-3 and Research Society, Udaipur Vs PCIT (Central

ACIT, MEERUT vs. M/S. SPACE AGE RESEARCH & TECHNOLOGY FOUNDATION CHARITABLE TRUST, MEERUT

In the result Ground No. 1 and 3 of the appeal of the revenue is allowed and ground No

Bench: Shri H.S.Sidhu & Shri Prashant Maharishiacit, Space Age Research & Vs. Circle-2, Meerut Technology Foundation, Charitable Trust, Railway Road, Meerut Pan: Aabts7321M (Appellant) (Respondent)

119 ITR 867 Dinesh B. Parikh Vs. CIT (Cal) 202 Taxman (Mag) 110 (6) That the appellant craves leave to add, modify and/or delete any ground(s) of appeal. (7) In the facts and circumstances of the case, the order of the Commissioner of Income-tax (Appeals) may be set aside and that of the A.O. restored. 2. The assessee

SHAFA HOME,NEW DELHI vs. ITO, (EXEMPTION) WARD 2(1), NEW DELHI

Appeal stands allowed for statistical

Bench: Shri Kul Bharat

119(2)(b) OF THE INCOME-TAX ACT, 1961 IN FILING OF FORM NO. 10 AND FORM NO. 9A FOR AY 2016-17 CIRCULAR NO. 7/2018 [F.NO.197/55/2018-ITA-I], DATED 20-12-2018 Under the provisions of section 11 of the Income-tax Act, 1961 (hereafter 'Act') the primary condition for grant of exemption to trust or institution in respect

CHURCH'S AUXILIARY FOR SOCIAL ACTION,NEW DELHI vs. ITO, NEW DELHI

In the result, the appeal filed by the assessee is allowed

119(2)(b) of the IT Act condoning the delay in filing the form No.10AA for AY 2010-11 vide order dated 18/19.12.2019. 11. The ld. Counsel submitted that the only reason for which the addition was made by the AO and upheld by the CIT(A) was due to belated filing of Form No.10AA. He submitted that since

BAGWANT KISHORE MEMORIAL EDUCATIONAL SOCIETY,DELHI vs. ITO,WARD EXEMPTION 1(3), DELHI

In the result, assessee's appeal is allowed for statistical purposes

Bench: Shri S Rifaur Rahman & Shri Sudhir Pareek

charitable society registered under the Societies Registration Act, 1860. The society operates a recognized primary school, New Vidhya Vihar Model School, in Delhi. For the A.Y. 2021-22, the society filed a return of income declaring NIL income. During the year total receipts of the society from trust activities aggregated to Rs. 39,32,700/- which consisted of school fees

INDIAN NATIONAL CONG. (I) AICC vs. C.I.T.- XI

charitable trust.’ Treating the income of a political party to be that of a Trust and using the same principle to test the treatment of its expenses is inconsistent with the very scheme of the Act. 70. It is clear, therefore, that for understanding and interpreting Section 13A of the Act, it would serve no purpose to compare it with

SERVANTS OF PEOPLE SOCIETY,NEW DELHI vs. ADDL. DIT(E), NEW DELHI

In the result, the Revenue’s appeal is allowed for statistical purposes

Bench: Shri H.S. Sidhu & Shri Anadee Nath Misshra

b) of the I.T. Act, 1961 for consolidated account and stated in para that “Profit or Loss attributable to the purchases and sales made by the society is also merged in the surplus arising in the consolidated accounts dealt with by this report and a separate income and expenditure account in respect of such activities is not attached hereto

ACIT (E), NEW DELHI vs. SERVANTS OF THE PEOPLE SOCIETY, NEW DELHI

In the result, the Revenue’s appeal is allowed for statistical purposes

Bench: Shri H.S. Sidhu & Shri Anadee Nath Misshra

b) of the I.T. Act, 1961 for consolidated account and stated in para that “Profit or Loss attributable to the purchases and sales made by the society is also merged in the surplus arising in the consolidated accounts dealt with by this report and a separate income and expenditure account in respect of such activities is not attached hereto

SERVANTS OF PEOPLE SOCIETY,NEW DELHI vs. ADDL. DIT(E), NEW DELHI

In the result, the Revenue’s appeal is allowed for statistical purposes

Bench: Shri H.S. Sidhu & Shri Anadee Nath Misshra

b) of the I.T. Act, 1961 for consolidated account and stated in para that “Profit or Loss attributable to the purchases and sales made by the society is also merged in the surplus arising in the consolidated accounts dealt with by this report and a separate income and expenditure account in respect of such activities is not attached hereto

ACIT (E), NEW DELHI vs. SERVANTS OF THE PEOPLE SOCIETY, NEW DELHI

In the result, the Revenue’s appeal is allowed for statistical purposes

Bench: Shri H.S. Sidhu & Shri Anadee Nath Misshra

b) of the I.T. Act, 1961 for consolidated account and stated in para that “Profit or Loss attributable to the purchases and sales made by the society is also merged in the surplus arising in the consolidated accounts dealt with by this report and a separate income and expenditure account in respect of such activities is not attached hereto

SERVANTS OF THE PEOPLE SOCIETY,NEW DELHI vs. DCIT, EXEMPTION CIRCLE- 2(1), NEW DELHI

In the result, the Revenue’s appeal is allowed for statistical purposes

Bench: Shri H.S. Sidhu & Shri Anadee Nath Misshra

b) of the I.T. Act, 1961 for consolidated account and stated in para that “Profit or Loss attributable to the purchases and sales made by the society is also merged in the surplus arising in the consolidated accounts dealt with by this report and a separate income and expenditure account in respect of such activities is not attached hereto