RAVI RISHI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(4), HYDERABAD
In the result, three appeals i
ITA 972/HYD/2024[2019-20]Status: DisposedITAT Hyderabad18 Feb 2026AY 2019-20
For Appellant: CA P Murali Mohan RaoFor Respondent: Dr. Narendra Kumar Naik, CIT-DR
Section 143(1)Section 154Section 250Section 271D
Trust should be assessed as an AOP and only\nsurplus/profits needs to be taxed. In the present case, it was the\ncontention of the assessee before us that, the Assessing Officer has taxed\ngross receipts for both the A.Ys without allowing deduction towards\nvarious expenditure/application of income towards charitable purposes.\nIf at all, the claim of the assessee is correct