INCOME TAX OFFICER (E), LUCKNOW vs. M/S. VIKAT EDUCATIONAL TRUST, LUCKNOW
In the result, the appeal of the revenue is dismissed and cross objection of the assessee is dismissed
ITA 394/LKW/2020[2017-18]Status: HeardITAT Lucknow16 May 2025AY 2017-18
Bench: Shri Kul Bharat & Shri Anadee Nath Misshraassessment Year: 2017-18 Income Tax Officer M/S. Vikat Educational V. (Exemption) Trust T.C. 46V, 5Th Floor, U.P.S.I.D.C 32-A, Chandralok, Ltd, Vibhuti Khand, Gomti Aliganj, Lucknow-226020. Nagar, Lucknow-226010. Pan: Aaecc5529M (Appellant) (Respondent) C. O. No. 2/Lkw/2022 (In Arising Out Of Ita. No. 394/Lkw/2020) Assessment Year: 2017-18 M/S. Vikat Educational Trust Ito (Exemption) V. 32-A, Chandralok, Aliganj, 4Th Floor, Pratyaksha Kar Lucknow-226020. Bhawan, Ram Tirath Marg, Lucknow-226001. Pan: Aabtv6124D (Appellant) (Respondent) Appellant By: Shri Shyam Lal, C.A. Respondent By: Shri Sunil Kumar Rajwanshi, Addl. Cit(Dr) Date Of Hearing: 05 05 2025 Date Of Pronouncement: 16 05 2025 O R D E R
For Appellant: Shri Shyam Lal, C.AFor Respondent: Shri Sunil Kumar Rajwanshi, Addl
Section 115BSection 68
2) of the Income Tax Act,
1961 (“the Act”, for short) was issued to the assessee. In response to the statutory notices, online responses were filed by the assessee. It is also noted by AO that on 26.12.2019 only the Ld.
Authorized Representative of the assessee submitted hard copies of the requisite details. The Assessing Officer further noticed that
