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

In the result, Cross Objection by the assessee in CO

Bench: Shri Kul Bharat & Shri Manish Boradit(Ss)A No.89/Ind/2016 Assessment Year: 2006-07 Acit 1(1) M/S. L.N. Gupta Mathur Vaishya बनाम/ Charitable Trust Bhopal Vs. E-1/55, Arera Colony, Bhopal (Revenue) (Respondent) Pan: Aaatl4820E

charitable activity. He accordingly treated the excess of income/expenditure as income for the year under assessment. 8. Aggrieved with the order of Ld. AO assessee preferred an appeal before the Ld. CIT(A) challenging validity of the proceedings u/s 153C of the Act, on the ground that no satisfaction was recorded by the ld. AO of the searched person namely