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)

Charitable Trust, Circle-2, Meerut Railway Road, Meerut PAN: AABTS7321M (Appellant) (Respondent) Assessee by : Sh. Sanjeev Sapra, Adv Revenue by: Sh. SS Rana, CIT DR Date of Hearing 02/05/2017 Date of pronouncement 23/05/2017 O R D E R PER PRASHANT MAHARISHI, A. M. 1. ITA No. 4622/Del/2012 is filed by the revenue against the order of ld CIT(A), Meerut

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4116-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4123-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

THE COMMISSIONER OF INCOME TAX III vs. SHANKAR TRADING CO. P.LTD.

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4127-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4127-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

THE COMMISSIONER OF INCOME TAX III vs. SHANKAR TRADING CO.P.LTD.

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4105-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

COMMISSIONER OF INCOME TAX vs. SHANKAR TRADING CO LTD

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4106-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4115-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

COMMISSIONER OF INCOME TAX III vs. M/S SHANKAR TRADING CO.P.LTD

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4125-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4113-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

COMMISSIONER OF INCOME TAX vs. SHANKAR TRADING CO LTD

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4107-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

CIT vs. SHANKAR TRADING CO LTD

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4108-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

COMMISSIONER OF INCOME TAX DEL vs. M/S SHANKAR TRADING CO. P. LTD

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4121-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4113-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

C.I.T vs. SHANKAR TRADING CO. PVT LTD

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4104-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

THE COMMISSIONER OF INCOME TAX vs. SHANKAR TRADING CO. P. LTD.

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4126-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4119-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose

SHANKER TRADING (P) LTD. vs. THE CIT

The appeals stand disposed of

Charitable Trust brought benefits of an enduring nature to the assessee company. 2012:DHC:4126-DB ITAs 53/2000, 251/2007, 253/2007, 257/2007, 223/2002 247/2002, 45/2005, 50/2005, 1207/2005, 361/2008, 482/2008, 731/2008, 1191/2008, 1183/2010, 1198/2010, 842/2011 and 246/2005 Page 29 of 50 23. In Assam Bengal Cement Companies Ltd. v. CIT: (1995) 27 ITR 34, the appellant company had acquired, for the purpose