Search: charitable trust

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Section 2502 Section 40A(3)2 Section 142(1)2 Charitable Trust2 Addition to Income2 Survey u/s 133A2 Undisclosed Income2

DCIT, CENTRAL CIRCLE-1, GUWAHATI vs. LAKHI CHUTIA, LAKHIMPUR

In the result, both the appeals of the Revenue are allowed for statistical purposes

ITA 73/GTY/2023[2017-18]Status: DisposedITAT Guwahati16 Jan 2025AY 2017-18

Bench: SHRI MANOMOHAN DAS, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)

Section 142(1)Section 250Section 40A(3)

undisclosed income and should not have relied merely on the statement under oath of the assessee, which was retracted 2 I.T.A. Nos. 73 & 74/GTY/2023 Lakhi Chutia in any case. With this finding, the Ld. CIT(A) deleted the additions in both of the years. It is seen that in the impugned orders reliance has been placed on several case laws

DCIT, CENTRAL CIRCLE-1, GUWAHATI vs. LAKHI CHUTIA, LAKHIMPUR

In the result, both the appeals of the Revenue are allowed for statistical purposes