MAGENDRA SINGH RATHORE,ALWAR vs. ACIT CENTRAL CIRCLE-2, JAIPUR

32 and subject to the provisions of section 38; (iia) in the case of income in the nature of family pension, a\ndeduction of a sum equal to thirty-three and one-third per cent of such\nincome or fifteen thousand rupees, whichever is less. Explanation.—For the purposes of this clause, \"family pension\"\nmeans a regular monthly amount payable

INCOME TAX OFFICER, JAIPUR vs. RVCF TRUST-II, JAIPUR, JAIPUR

In the result, the appeal of the Revenue is dismissed

Bench: The Income Tax Appellate Tribunal, Jaipur Within 30 Days I.E. On Or Before 13.06.2022. In View Of The Above The Physical Appeal Was Filed On 19.05.2022 Well Before 12.06.2022 As Directed In The Said Mail.

condoned. 4. The Revenue raised the following grounds of appeal:- “1. Whether on the facts and circumstances of the case and in law, the CIT(A) was justified in treating the assessee as representative assessee while it should be treated as AOP, because it has derived income which is other than the income derived from investments as specified in section