M/S. AVINASH CHALANA & CO.,BHOPAL vs. PCIT-1, BHOPAL, BHOPAL

Bench: Shri Vijay Pal Rao & Shri B.M. Biyanim/S. Avinash Chalana & Pr. Cit Company Bhopal G-2/119-A, Milestone 100 Complex, Trilanga Roa, Vs. Gulmohar Colony Bhopal (Appellant / Assessee) (Respondent/ Revenue) Pan: Aalfa7929P Assessee By Shri Sumit Nema Sr. Adv. & Gagan Tiwari, Adv. Revenue By Shri Ram Kumar Yadav, Cit-Dr Date Of Hearing 16.05.2024 Date Of Pronouncement 25.07.2024

1) and Page 3 of 61 ITANo.204/Ind/2023 M/s. Avinash Chalana and Company asked the assessee to provide the details such as the additional capital introduced during the year and source for the same with documentary evidence. The assessee duly replied the show cause notice dated 09.11.2020 vide reply dated 09.01.2021 along with relevant supporting evidence placed at page no.22

INDORE DEVELOPMENT AUTHORITY,INDORE vs. DCIT (EXEMPTION CIRCLE), BHOPAL

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

INDORE DEVELOPMENT AUTHORITY ,INDORE vs. DCIT (EXEMPTION CIRCLE), BHOPAL

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

DEPUTY COMMISSIONER OF INCOME TAX, EXEMPTION, BHOPAL, BHOPAL vs. INDORE DEVELOPMENT AUTHORITY, INDORE, INDORE

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

DEPUTY COMMISSIONER OF INCOME TAX(EXEMPTION), BHOPAL, BHOPAL vs. INDORE DEVELOPMENT AUTHORITY, INDORE

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

DEPUTY COMMISSIONER OF INCOME TAX(EXEMPTION), BHOPAL, BHOPAL vs. INDORE DEVELOPMENT AUTHORITY, INDORE

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

INDORE DEVELOPMENT AUTHORITY ,INDORE vs. DCIT (EXEMPTION CIRCLE), BHOPAL

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

INDORE DEVELOPMENT AUTHORITY ,INDORE vs. DCIT ( EXEMPTION CIRCLE) , BHOPAL

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

DEPUTY COMMISSIONER OF INCOME TAX(EXEMPTION), BHOPAL, BHOPAL vs. INDORE DEVELOPMENT AUTHORITY, INDORE

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure

DEPUTY COMMISSIONER OF INCOME TAX(EXEMPTION), BHOPAL, BHOPAL, MADHYA PRADESH vs. INDORE DEVELOPMENT AUTHORITY, INDORE

Appeals are allowed and revenue’s appeals

Bench: Shri Vijay Pal Rao & Shri B.M. Biyani

1. Jhanki-Pradarshani & Seminar Rs.13,27,208/- 2. Devi Ahilya Utsav Rs.10,00,000/- 3. Malwa Utsav Rs.8,00,000/- Total Rs.31,27,208/- The only issue which needs to be decided is that whether the alleged amount is liable to be disallowed as donation and charity or whether such amount incurred by the assessee is allowable as business expenditure