M/S SHREE JAIRAM EDUCATION SOCIETY,BHOPAL vs. ACIT CENTRAL-II, BHOPAL

In the result, appeal of the assessee in ITANo

Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing

charitable activity. Income over expenditure shown in the profit and loss account at Rs. 1,96,50,937/- was treated as business income and further based on the seized documents additions for bogus expenses on salary at Rs.20,48,173/- were disallowed u/s 37 and also addition of Rs.69,70,505/- was made for unexplained money on account of business

THE DCIT, (EXEMPTION) CIRCLE, BHOPAL vs. M/S. MAYANK WELFARE SOCIETY, BHOPAL

In the result, Revenue’s appeal for the AY 2013-14

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2013-14

money – Addition of Donations as cash credit and denying benefit not justified – Income-tax Act, 1961, ss. 11, 12A, 68.” CIT (E) v. Patanjali Yogpeeth (NYAS) (2018) 252 Taxman 317/300 CTR 266 (Delhi)(HC). Property held for charitable purposes- Propagation of yoga falls under category of ‘Imparting of education’-Corpus donation to be excluded from total income-Higher membership

ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION) CIRCLE BHOPAL, BHOPAL vs. MAYANK WELFARE SOCIETY, INDORE

In the result, Revenue’s appeal for the AY 2013-14

Bench: Shri Manish Borad & Ms. Madhumita Royvirtual Hearing Assessment Year: 2013-14

money – Addition of Donations as cash credit and denying benefit not justified – Income-tax Act, 1961, ss. 11, 12A, 68.” CIT (E) v. Patanjali Yogpeeth (NYAS) (2018) 252 Taxman 317/300 CTR 266 (Delhi)(HC). Property held for charitable purposes- Propagation of yoga falls under category of ‘Imparting of education’-Corpus donation to be excluded from total income-Higher membership

SHREE TEKCHANDJI MAHARAJ TRUST,UJJAIN vs. ASSESSING OFFICER, UJJAIN

Charitable\nPAN of Donee\nNo. Bank A/c No.& activities in which\nBranch from which paid Donee is engaged\n13)\nParty wise detail of foreign donation received, if any. Also furnish a copy of FCRA\nregistration, form FC-3 & audit report in case donations are received during the year.\n14)\nDetails of any amount paid during the previous year

M/S TRUBA EDUCATION SOCIETY ,BHOPAL vs. PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) BHOPAL, BHOPAL

unexplained amounts\n(fee) collected from students during the FY 2021-22 is Rs.\n4,71,53,156/-. This amount was utilised for making payments to\nvarious RAs (Remuneration Account Holders) Rs.4.16 crore;\nPayment to Vice-Chancellor Dr. Ankur Kulkarni Rs.5,46,662/-;\nPayment to labour Rs.28,26,506/-; Cash Payment of Rs.\n50,00,000/-. Thus, the receipts

SHRI PARSHVANATH DIGAMBAR JAIN DHARMIK AND SAMAJIK SANSTHA,RAM GALI, NEEMUCH CANT vs. INCOME TAX OFFICER, AAYKAR BHAWAN INDORE

Appeal is allowed for statistical purpose

unexplained money under section 69A\nof the Act.\n4. The Ld. NFAC confirmed the addition by dismissing the appeal of the Appellant. Being aggrieved\nby the said action and the impugned addition of Rs.76,38,102/-, the present Appellant is before\nthis Hon'ble Tribunal.\nSubmission before Ld. AO during Assessment Proceedings Not Considered by AO:\nShri Parshvanath Digambar Jain

SHRI MAHESHWARI JANKAIYAN TRUST ,INDORE vs. THE CIT EXEMPTION, BHOPAL

In the result, the appeal filed by the Assessee is allowed

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri B.M. Biyani (Accountant Member)

unexplained. These details were not verified by the Assessing Officer while passing the assessment order. Therefore the said assessment order is an erroneous order and prejudicial to the interest of Revenue. Hence a show cause notice was served upon the assessee why the assessment order be revised u/s. 263 of the Act to bring to tax the differential income

M/S AD-MANUM FINANCE LTD.,INDORE vs. THEDCIT 1(1) , INDORE, INDORE

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

Charitable Trust and Available Finance Ltd. sources of which was not explained. Based on above allegations, statutory notices u/s 148, 143(2) and 142(1) of the IT Act, 1961 were issued to the assessee company. In response to the notices as issued above, the assessee company made compliances from time to time. Considering the replies of the assessee

THE DCIT1(1), INDORE vs. M/S. AVILABLE FINANCE LTD., INDORE

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

Charitable Trust and Available Finance Ltd. sources of which was not explained. Based on above allegations, statutory notices u/s 148, 143(2) and 142(1) of the IT Act, 1961 were issued to the assessee company. In response to the notices as issued above, the assessee company made compliances from time to time. Considering the replies of the assessee

DY. CIT -1(1), INDORE vs. M/S. AGRAWAL TRANSPORT CORPORATION (P) LTD., INDORE

Bench: Hon’Ble Kul Bharat & Hon’Ble Manish Boradassessment Year 2010-11

Charitable Trust and Available Finance Ltd. sources of which was not explained. Based on above allegations, statutory notices u/s 148, 143(2) and 142(1) of the IT Act, 1961 were issued to the assessee company. In response to the notices as issued above, the assessee company made compliances from time to time. Considering the replies of the assessee