M/S. MANJEET KAUR MEMORIAL PREMIER INSTITUTE OF EDUCATION,GURGAON vs. ITO, GURGAON

In the result, the Appeal filed by the Assessee stands allowed

Bench: Shri H.S. Sidhu

Section 11 of the Act whereby exemption is to be provided to the extent which income of the charitable trust is applied to charitable or religious purposes in India. 5. On the facts and circumstances of the case, learned CIT (A) has erred both on facts and in law in not appreciating the fact that the income

G D EDUCATIONAL SOCIETY,NOIDA vs. JCIT, RANGE- 1, NOIDA

In the result, the appeal of the assessee is allowed

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

234A, 234B and 234C of Income Tax Act, 1961.” 3. Facts of the A.Y. 2009-10 is taken as it is the lead case. Return declaring income of Rs. Nil after claiming exemption u/s 11 of the Income Tax Act, 1961 was filed on 30/09/2009 in status of AOP (T) which was processed u/s 143 (1) of the Income

G D EDUCATIONAL SOCIETY,NOIDA vs. JCIT, RANGE- 1, NOIDA

In the result, the appeal of the assessee is allowed

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

234A, 234B and 234C of Income Tax Act, 1961.” 3. Facts of the A.Y. 2009-10 is taken as it is the lead case. Return declaring income of Rs. Nil after claiming exemption u/s 11 of the Income Tax Act, 1961 was filed on 30/09/2009 in status of AOP (T) which was processed u/s 143 (1) of the Income

G D EDUCATIONAL SOCIETY,NOIDA vs. JCIT, RANGE- 1, NOIDA

In the result, the appeal of the assessee is allowed

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

234A, 234B and 234C of Income Tax Act, 1961.” 3. Facts of the A.Y. 2009-10 is taken as it is the lead case. Return declaring income of Rs. Nil after claiming exemption u/s 11 of the Income Tax Act, 1961 was filed on 30/09/2009 in status of AOP (T) which was processed u/s 143 (1) of the Income

GHAZIABAD DEVELOPMENT AUTHORITY,GHAZIABAD vs. DCIT E (CIRCLE), GHAZIABAD

In the result, the appeal of the assessee in ITA

Bench: SHRI M. BALAGANESH (Accountant Member), SHRI YOGESH KUMAR U.S. (Judicial Member)

234A, 234B, 234C and 234D of Income Tax Act, 1961. 5. That the appellant craves the leave to add, modify, amend or delete any of the grounds of appeal at the time of hearing and all the above grounds are without prejudice to each other.” 2. Since, the issue involved in the present appeals are identical, both the appeals

GHAZIABAD DEVELOPMENT AUTHORITY,GHAZIABAD vs. DCIT CIRCLE EXEMPTION, GHAZIABAD

In the result, the appeal of the assessee in ITA

234A, 234B, 234C and 234D of Income Tax Act, 1961. 5. That the appellant craves the leave to add, modify, amend or delete any of the grounds of appeal at the time of hearing and all the above grounds are without prejudice to each other.” 2. Since, the issue involved in the present appeals are identical, both the appeals

COMMISSIONER OF INCOME TAX DELHI-XI vs. INDIAN NATIONAL CONGRESS/ALL INDIA CONGRESS COMMITTEE

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

Trust. (viii) But for Section 13A of the Act, voluntary contributions would not be taxable income since it did not fall under any of the heads of the income under Section 14 of the Act. It would not come under the head ‘income from other sources’. The expenditure incurred by a political party on its political activities was allowable

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

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

Trust. (viii) But for Section 13A of the Act, voluntary contributions would not be taxable income since it did not fall under any of the heads of the income under Section 14 of the Act. It would not come under the head ‘income from other sources’. The expenditure incurred by a political party on its political activities was allowable

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

Trust. (viii) But for Section 13A of the Act, voluntary contributions would not be taxable income since it did not fall under any of the heads of the income under Section 14 of the Act. It would not come under the head ‘income from other sources’. The expenditure incurred by a political party on its political activities was allowable

GHAZIABAD DEVELOPMENT AUTHORITY,GHAZIABAD vs. DY. COMMISSIONER OF INCOME TAX, EXEMPTION-CIRCLE,GHAZIABAD, GHAZIABAD

In the result, the Assessee’s appeal is allowed

Bench: Shrimahavir Singh, Hon’Ble & Shri Manish Agarwal, Hon’Bleasstt. Year : 2021-22

234A and 234B of the Act. 2. The brief facts of the case are that ,- sessee filed its return of income on 14.3.2022 at NIL income. Thereafter, AO completed the assessment u/s, 143(3)/144B of the Act on 27.12.2022 at an assessed income of Rs. 48,25,64,491/- by adding back the amount

ANKIT SHARMA,GHAZIABAD vs. DCIT, CENTRAL CIRCLE, GHAZIABAD

In the result, the appeal of the assessees is allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

section 234A, 2348, 234C and 234D is thus illegal and bad in law.” 3. In ITA No. 2124/Del/2022, following grounds have been raised by the Revenue: “1. On facts and circumstances of the case and in law, the Ld. CIT(A) erred in deleting the addition made by Assessing Officer of Rs. 75,00,000/- on account of unexplained loan

ACIT, CENTRAL CIRCLE, GHAZIABAD vs. NIDHI SHARMA, NEW DELHI

In the result, the appeal of the assessees is allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

section 234A, 2348, 234C and 234D is thus illegal and bad in law.” 3. In ITA No. 2124/Del/2022, following grounds have been raised by the Revenue: “1. On facts and circumstances of the case and in law, the Ld. CIT(A) erred in deleting the addition made by Assessing Officer of Rs. 75,00,000/- on account of unexplained loan

AIT, CENTRAL CIRCLE, GHAZIABAD vs. ANKIT SHARMA, GHAZIABAD

In the result, the appeal of the assessees is allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

section 234A, 2348, 234C and 234D is thus illegal and bad in law.” 3. In ITA No. 2124/Del/2022, following grounds have been raised by the Revenue: “1. On facts and circumstances of the case and in law, the Ld. CIT(A) erred in deleting the addition made by Assessing Officer of Rs. 75,00,000/- on account of unexplained loan

ACIT, CENTRAL CIRCLE, GHAZIABAD vs. JAIPAL SINGH SHARMA TRUST, GHAZIABAD

In the result, the appeal of the assessees is allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

section 234A, 2348, 234C and 234D is thus illegal and bad in law.” 3. In ITA No. 2124/Del/2022, following grounds have been raised by the Revenue: “1. On facts and circumstances of the case and in law, the Ld. CIT(A) erred in deleting the addition made by Assessing Officer of Rs. 75,00,000/- on account of unexplained loan

ACIT, CENTRAL CIRCLE, GHAZIABAD vs. JAIPAL SINGH SHARMA TRUST, GHAZIABAD

In the result, the appeal of the assessees is allowed and the appeals of the Revenue are dismissed

Bench: Sh. C. M. Gargdr. B. R. R. Kumar

section 234A, 2348, 234C and 234D is thus illegal and bad in law.” 3. In ITA No. 2124/Del/2022, following grounds have been raised by the Revenue: “1. On facts and circumstances of the case and in law, the Ld. CIT(A) erred in deleting the addition made by Assessing Officer of Rs. 75,00,000/- on account of unexplained loan

SHANTI DEVI JAIN MEMORIAL TRUST,MUZAFFARNAGAR vs. ITO, WARD EXEMPTION , GHAZIABAD

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

Bench: Shri Satbeer Singh Godara & Shri Naveen Chandraassessment Years: 2013-14

charitable investment as made by Assessee Appellant Trust and has made the addition of Rs.70,80,930.00 on account of violation of Section 11(5) of the Income Tax Act, 1961. The CIT (A) has erred in confirming the same. 5. The additions confirmed and the observations made by CIT (A) are unjust, unlawful and based on mere surmises

M/S. RAMPRASTHA BUILDERS PVT. LTD.,NEW DELHI vs. DCIT, NEW DELHI

In the result, all the three appeals filed by the assessee are partly allowed for statistical purposes

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

Charitable Trust without considering the facts of the case and without giving adequate opportunity to the appellant to justify its claim. 5. That the Learned CIT(A) erred in upholding the contentions of Assessing Officer in challenging the genuineness of the various liabilities amounting to Rs.1,98,060/- shown under the head “Current Liabilities” by the appellant as the said

COMMISSIONER OF INCOME TAX- DELHI vs. M/S PASUPATI NATH COMMR. P. LTD.

The appeals are allowed with costs of Rs

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

Charitable Trust (‘DCT’) and the second from trading commission. According to him, till September 1986 “monies were coming Gangtok to Delhi via telegraphic transfer and later on it came in the shape of drafts”. As far as loan obtained from DCT, according to him, no security was furnished for procuring the loan. ITA Nos.162

COMMISSIONER OF INCOME TAX- DELHI vs. M/S MANSAROVER COMMERCIAL P. LTD.

The appeals are allowed with costs of Rs

Bench: HON'BLE DR. JUSTICE S.MURALIDHAR,HON'BLE MR. JUSTICE VIBHU BAKHRU

Charitable Trust (‘DCT’) and the second from trading commission. According to him, till September 1986 “monies were coming Gangtok to Delhi via telegraphic transfer and later on it came in the shape of drafts”. As far as loan obtained from DCT, according to him, no security was furnished for procuring the loan. ITA Nos.162