SHAIKSHANIK KEISHANK SAMAJ,GHAZIABAD vs. ADDL. CIT, GHAZIABAD
In the result, all the appeal of the assessee is dismissed
ITA 650/DEL/2012[2008-09]Status: DisposedITAT Delhi26 Sept 2019AY 2008-09
For Appellant: Sh. Praveen Singhal, CA &For Respondent: Sh. N. K. Bansal, Sr. DR
Section 11Section 115BSection 12Section 12ASection 143(3)Section 250Section 68
Section 68 are mutually exclusive and can both operate in their own domain as per facts and circumstances of the case.
15. In the case of Shree Shiv Vankeshawar Educational & Social Welfare
Trust Vs ACIT (ITAT Delhi) it was held that corpus donation is never credited to the income and expenditure account of the trust whereas the normal donation
