RAGHAV KUMAR,DELHI vs. ACIT CENTRAL CIRCLE 29, NEW DELHI

In the result, the appeal filed by the assessee being ITA

Bench: Shri Satbeer Singh Godara & Shri S. Rifaur Rahman

charitable trust, registered under section 12AA was running a multi speciality hospital - A search action was conducted in case of one TJR, who was a supplier of medical, surgical equipment and other accessories to hospital - On basis of certain documents seized during search, Assessing Officer concluded that assessee had siphoned off funds through said TJR allegedly resorting to huge inflation

RAGHAV KUMAR,NEW DELHI vs. ACIT CENTRAL CIRCLE-29, NEW DELHI

In the result, the appeal filed by the assessee being ITA

Bench: Shri Satbeer Singh Godara & Shri S. Rifaur Rahman

charitable trust, registered under section 12AA was running a multi speciality hospital - A search action was conducted in case of one TJR, who was a supplier of medical, surgical equipment and other accessories to hospital - On basis of certain documents seized during search, Assessing Officer concluded that assessee had siphoned off funds through said TJR allegedly resorting to huge inflation

DCIT CENTRAL CIRCLE-06, NEW DELHI vs. SANTOSH TRUST, NEW DELHI

unexplained money which was in turn\ndeleted by the First Appellate Authority. Hence, the instant appeal before\nus.\n4.\nThe assessee a charitable trust

DCIT, CENTRAL CIRCLE, NOIDA vs. PGP CHARITABLE TRUST, DELHI

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

Bench: Shri Amit Shukla & Shri M. Balaganesh

unexplained investment in the sum of Rs 15,29,583/- in the assessment. 6. The assessee challenged the validity of assumption of jurisdiction u/s 153C of the Act on various legal issues and also on the validity of additions made on merits before the ld. CIT(A). The ld. CIT(A) observed as under:- “5.4 For adjudicating the legal issue

DCIT, CENTRAL CIRCLE, NOIDA vs. PGP CHARITABLE TRUST, DELHI

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

Bench: Shri Amit Shukla & Shri M. Balaganesh

unexplained investment in the sum of Rs 15,29,583/- in the assessment. 6. The assessee challenged the validity of assumption of jurisdiction u/s 153C of the Act on various legal issues and also on the validity of additions made on merits before the ld. CIT(A). The ld. CIT(A) observed as under:- “5.4 For adjudicating the legal issue

SOCIETY FOR WELFARE AWARENESS RESEARCH AND GUIDANCE,DELHI vs. ITO (EXEMPTIONS), WARD 2(2), NEW DELHI

In the result, appeal of the assessee is allowed

Bench: Shri R. K. Panda[Assessment Year: 2011-12]

unexplained receipt under section 68 of the Act, the addition of the same cannot be made because the assessee itself has applied the entire receipts for the objects of the assessee-trust. In support of this proposition, our attention was invited to the judgment of the Hon'ble jurisdictional High Court in the case of CIT v. Uttaranchal Welfare Society

MAHAYANA THERAVADA VAJRAYANA BUDDHIST RELIGIOUS AND CHARITABLE TRUST,MEERUT vs. ACIT, CENTRAL CIRCLE, MEERUT

Bench: Ms. Madhumita Roy & Shri Amitabh Shukla

Charitable Trust (AY: 2024-25) Notice under Section 143(2) was issued on 28.06.2021. Questionnaire was issued under Section 142(1) on 07.10.2021 followed by the questionnaire dated 18.11.2021 and 17.12.2021 whereupon the assessee duly filed its reply. It is the case of the Revenue that upon detailed investigation carried out by Investigation Wing, Kolkata, it revealed that unaccounted money

MAHAYANA THERAVADA VAJRAYANA BUDDHIST RELIGIOUS AND CHARITABLE TRUST,MEERUT vs. ACIT CENTRAL CIRCLE, MEERUT

Bench: Ms. Madhumita Roy & Shri Amitabh Shukla

Charitable Trust (AY: 2024-25) Notice under Section 143(2) was issued on 28.06.2021. Questionnaire was issued under Section 142(1) on 07.10.2021 followed by the questionnaire dated 18.11.2021 and 17.12.2021 whereupon the assessee duly filed its reply. It is the case of the Revenue that upon detailed investigation carried out by Investigation Wing, Kolkata, it revealed that unaccounted money

MAHAYANA THERAVADA VAJRAYANA BUDDHIST RELIGIOUS AND CHAITABLE TRUST,MEERUT vs. ACIT CENTRAL CIRCLE, MEERUT

Bench: Ms. Madhumita Roy & Shri Amitabh Shukla

Charitable Trust (AY: 2024-25) Notice under Section 143(2) was issued on 28.06.2021. Questionnaire was issued under Section 142(1) on 07.10.2021 followed by the questionnaire dated 18.11.2021 and 17.12.2021 whereupon the assessee duly filed its reply. It is the case of the Revenue that upon detailed investigation carried out by Investigation Wing, Kolkata, it revealed that unaccounted money

VIDHYA DEVI,NOIDA vs. DCIT, CENTRAL CIRCLE, NOIDA

In the result, the appeal of the assessee is allowed

Bench: Sh. Saktijit Dey & Sh. M. Balaganeshassessment Year: 2012-13 Vidhya Devi Dcit C/O M/S. Rra Tax India, D- Vs Central Circle 28, South Extension, Part-I, Noida New Delhi Pan No.Asbpd0089B (Appellant) (Respondent) Appellant By Dr. Rakesh Gupta, Advocate Sh. Somil Agarwal, Advocate Sh. Deepesh Garg, Advocate Respondent By Sh. Daya Inder Singh Sidhu, Cit Dr Date Of Hearing: 07/02/2024 Date Of Pronouncement: 22/02/2024 Order Per Saktijit Dey,Vp: This Is An Appeal By The Assessee Arising Out Of Order Dated 23.10.2018 Of Learned Commissioner Of Income Tax (Appeals) – 4 (For Short “Cit(A)”), Kanpur For The Assessment Year 2012-13. 2. Though, The Assessee Has Raised Multiple Grounds Both On Jurisdictional Issue As Well As On Merits, However, At The Very Outset We Proceed To Decide The Jurisdictional Issue Raised In Ground No.1, As It Goes To The Root Of The Matter.

unexplained jewellery as discussed in para 7 (4) Addition on account of house 5,07,036 hold expenses (para 8) (5) Total income Or Say Rs.63,06,628/- 5. Assessee challenged the assessment order both on jurisdictional issue as well as on merits. However, learned First Appellate Authority did not find merit in the submissions of the assessee hence, upheld

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

charitable objectives and due to the same, the trust had suffered losses to the tune of around more than Rs. 20 Crores. Therefore the circumstances indicate that, the trust needed actual money to run the hospital smoothly in view of the mounting losses and not mere accommodation entries. There is force in the argument of the AR that the circumstantial

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

charitable objectives and due to the same, the trust had suffered losses to the tune of around more than Rs. 20 Crores. Therefore the circumstances indicate that, the trust needed actual money to run the hospital smoothly in view of the mounting losses and not mere accommodation entries. There is force in the argument of the AR that the circumstantial

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

charitable objectives and due to the same, the trust had suffered losses to the tune of around more than Rs. 20 Crores. Therefore the circumstances indicate that, the trust needed actual money to run the hospital smoothly in view of the mounting losses and not mere accommodation entries. There is force in the argument of the AR that the circumstantial

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

charitable objectives and due to the same, the trust had suffered losses to the tune of around more than Rs. 20 Crores. Therefore the circumstances indicate that, the trust needed actual money to run the hospital smoothly in view of the mounting losses and not mere accommodation entries. There is force in the argument of the AR that the circumstantial

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

charitable objectives and due to the same, the trust had suffered losses to the tune of around more than Rs. 20 Crores. Therefore the circumstances indicate that, the trust needed actual money to run the hospital smoothly in view of the mounting losses and not mere accommodation entries. There is force in the argument of the AR that the circumstantial

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, MEERUT, INCOME TAX OFFICE, MEERUT vs. UMALOK CHARITABLE TRUST, MEERUT

In the result, impugned order is upheld and appeal of the Revenue is dismissed

Bench: Shri Vikas Awasthy & Shri Avdhesh Kumar Mishraआअसं.1644/िद"ी/2024(िन.व. 2011-12) Deputy Commissioner Of Income Tax, Central Circle, Aayakar Bhawan, Near Bhainsali Ground, ...... अपीलाथ"/Appellant Meerut, Uttar Pradesh 250001 बनाम Vs. Umalok Charitable Trust, C-111, Samart Place, Garh Road, Meerut, ..... "ितवादी/Respondent Uttar Pradesh 250004 Pan: Aaatu-1532-F अपीलाथ" "ारा/Appellant By : Shri Dayainder Singh Sidhu, Cit(Dr) "ितवादी"ारा/Respondent By : Shri Kalrav Mehrotra, Advocate सुनवाई क" ितिथ/ Date Of Hearing : 24/07/2025 घोषणा क" ितिथ/ Date Of Pronouncement : : 24/07/2025 आदेश/Order Per Vikas Awasthy, Jm: This Appeal By The Revenue Is Directed Against The Order Of Commissioner Of Income Tax (Appeals)-3, Noida [In Short ‘The Cit(A)’] Dated 14.02.2024, For Assessment Year 2011-12. 2. The Revenue In Appeal Has Primarily Assailed The Order Of Cit(A) On Two Counts:- (I) Deleting The Addition Of Rs.2,11,00,000/- Made On Account Of Unexplained Advances; & (Ii) Deleting The Disallowance Of Exemption Claimed By The Assessee U/S.10(23C)Of The Act Rs.84,22,244/-.

Charitable Trust. The CIT(A) after examining the facts of the case and report furnished by the AO held that the addition made by the AO in the hands of the assessee as unexplained advances is unjustified and deleted the same. The CIT(A) gave positive finding of fact that as the deal did not materialize, the money

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

money is received by the assessee\ncompany from alleged bogus shareholders, whose names\nare given to the Assessing Officer, then the department\nis free to proceed to re-open their individual assessments in\naccordance with law. But the said amount cannot be taken\nas unexplained income in the hands of the assessee.\"\n[Emphasis supplied]\nBOMBAY HIGH COURT

DEPUTY COMMISSIONER OF INCOME TAX, DELHI vs. M/S VESTIGE MARKETING PRIVATE LIMITED, DELHI

money is received by the assessee\ncompany from alleged bogus shareholders, whose names\nare given to the Assessing Officer, then the department is\nfree to proceed to re-open their individual assessments in\naccordance with law. But the said amount cannot be taken\nas unexplained income in the hands of the assessee.\"\n[Emphasis supplied]\nBOMBAY HIGH COURT