CHIRAYU CHARITABLE FOUNDATION,BHOPAL vs. PCIT (CENTRAL), BHOPAL

In the result appeal of the assessee stands allowed

Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Boradchirayu Charitable Pcit (Central), Foundation,Bhopal Indore Bhopal Highway, Bhaisakhedi, Vs. Bhopal (Appellant) (Revenue ) Pan No.Aaaac3656P Revenue By Shri S.S. Mantri, Cit Appellant By S/Shri Sumit Nema, Sr. Advocate, Gagan Tiwari & Piyush Parashar, Advs Date Of Hearing 05.01.2021 Date Of Pronouncement .02.2021 O R D E R Per Manish Borad, Am.

151-ITR-150/151 8. Hon'ble Patna High Court in the case of Saraogi Credit Corporation v/s. CIT reported in 103-ITR-344 9. Hon'ble ITAT Cochin Bench in the case of G.G. Films v/s. ITO reported in 45-TTJ-644. 29 Chirayu Charitable Foundation 10. Hon'ble ITAT Delhi Bench in the case of Kamal Engineering Works

SHRI MANUEL MEDA,BHOPAL vs. THE ACIT-2(1), BHOPAL

In the result, Cross Objection by the assessee in CO