In the result, both the appeals are dismissed
Bench: Shri Anadee Nath Misshra & Shri Subhash Malguria
153D of The Income Tax Act. The relevant paragraph of said order is reproduced here- “During the course of assessment proceedings it was noticed that the assessee has received corpus donation of Page 9 of 87 I.T.A. No.619 & 620/Lkw/2024 Assessment year:2015-16 & 16-17 Rs. 24,60,54,000/-. In order to verify the genuineness of this corpus donation