SHRI NAMIYUN PARSWANATH JAIN, SWETAMBER MANIDHARI TRUST,JABALPUR vs. INCOME TAX OFFICER(EXEMPTION), JABALPUR

In the result, impugned order is set aside and appeal by assessee is allowed for statistical purposes”

disallowable and treating the same as gross income for levying the tax Rs. 349690/-.Relied on Serum Institute case (2018) TTJ 0820 (Rune Trib) and Shri Guru Singh Sabha (2018) 068 ITR (Trib) 0394 Delhi ITAT. 5) That the appellant reserves the right to add modify alter the grounds of appeal. Sri Namiyun Paraswanath Jain Swetamber Manidhari Trust. Jabalpur

KRISHI UPAJ MANDI SAMITI,NARSINGPUR vs. ASSTT. COMMISSIONER OF INCOME TAX, CIRCLE 2(1), JABALPUR

In the result, both the appeals are partly allowed for statistical purposes

Bench: Shri Anadee Nath Misshra

disallowance u/s 43B of the Act is confirmed. Accordingly, Ground No. 3 is dismissed. 5.4. Ground No. 4, 5 & 6 are general in nature and do not require separate adjudication as the same were already dealt in detail in above paragraphs. Accordingly, Ground No. 4, 5 & 6 are dismissed.” (B.1) In the course of appellate proceedings in ITAT, the assessee

KRISHI UPAJ MANDI SAMITI ,NARSINGPUR vs. ASST. COMMISSIONER OF INCOMETAX, CIRCLE 2(1), JABALPUR

In the result, both the appeals are partly allowed for statistical purposes

Bench: Shri Anadee Nath Misshra

disallowance u/s 43B of the Act is confirmed. Accordingly, Ground No. 3 is dismissed. 5.4. Ground No. 4, 5 & 6 are general in nature and do not require separate adjudication as the same were already dealt in detail in above paragraphs. Accordingly, Ground No. 4, 5 & 6 are dismissed.” (B.1) In the course of appellate proceedings in ITAT, the assessee