INCOME TAX OFFICER-2(3), LUCKNOW vs. U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result ITA Nos.532 & 533/Lkw/2014 and ITA Nos

10B and accordingly ground no.1.1\nand 1.2 of the original grounds of appeal are dismissed. We also take note of the\nsubmission of the ld. Special counsel that in view of the fact that the proviso to\nsection 2(15) and section 13(8) came into effect from 1.04.2009, he was not\npressing additional ground

INCOME TAX OFFICER-2(3), LUCKNOW vs. U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result ITA Nos.532 & 533/Lkw/2014 and ITA Nos

10B and accordingly ground no.1.1\nand 1.2 of the original grounds of appeal are dismissed. We also take note of the\nsubmission of the ld. Special counsel that in view of the fact that the proviso to\nsection 2(15) and section 13(8) came into effect from 1.04.2009, he was not\npressing additional ground

UTTAR PRADESH WATER SUPPLY AND SANITATION MISSION,LUCKNOW vs. ACIT(EXEMPTION) CIRCLE, LUCKNOW

In the result, both appeals are partly allowed

10B under section 12A(b) of the\nAct e-filed on 31.03.2018; along with: -\n(i)\nCopy of audited financial statements for the year ended\n31.03.2017.\n2\nCopy of acknowledgement of original Income Tax Return filed on\n31.03.2018\n3\nCopy of revised Income Tax Return filed u/s 139(5) on 02.04.2018.\nPROCEEDINGS BEFORE ASSESSING OFFICER\n4\nCopy of notice

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTIONS) LUCKNOW, LUCKNOW vs. UTTAR PRADESH WATER SUPPLY AND SANITATION MISSION, LUCKNOW

In the result, both appeals are partly allowed

Bench: SHRI KUL BHARAT, VICE PRESIDENT\nAND\nSHRI ANADEE NATH MISSHRA (Accountant Member)

10B under section 12A(b) of the\nAct e-filed on 31.03.2018; along with: -\n(i) Copy of audited financial statements for the year ended\n31.03.2017.\n\nCopy of acknowledgement of original Income Tax Return filed on\n31.03.2018\n\nCopy of revised Income Tax Return filed u/s 139(5) on 02.04.2018.\n\nPROCEEDINGS BEFORE ASSESSING OFFICER\nCopy of notice

U.P HOUSING & DEVELOPMENT BOARD,LUCKNOW vs. INCOME TAX OFFICER-2(3), LUCKNOW

section 11, did not consider the findings of the AO with\nrespect to section 11(2), section 13(1)(d) and section 13(3). He has pointed out that\nonce the ld. CIT(A) had held that the income of the assessee should be computed in\nthe manner specified in section 11, taking into account

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result ITA Nos.532 & 533/Lkw/2014 and ITA Nos

10B and accordingly ground no.1.1\nand 1.2 of the original grounds of appeal are dismissed. We also take note of the\nsubmission of the ld. Special counsel that in view of the fact that the proviso to\nsection 2(15) and section 13(8) came into effect from 1.04.2009, he was not\npressing additional ground

U.P HOUSING & DEVELOPMENT BOARD,LUCKNOW vs. INCOME TAX OFFICER-2(3), LUCKNOW

In the result ITA Nos.532 & 533/Lkw/2014 and ITA Nos

10B and accordingly ground no.1.1 and 1.2 of the original grounds of appeal are dismissed. We also take note of the submission of the ld. Special counsel that in view of the fact that the proviso to section 2(15) and section 13(8) came into effect from 1.04.2009, he was not pressing additional ground

DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result ITA Nos.532 & 533/Lkw/2014 and ITA Nos

10B and accordingly ground no.1.1\nand 1.2 of the original grounds of appeal are dismissed. We also take note of the\nsubmission of the ld. Special counsel that in view of the fact that the proviso to\nsection 2(15) and section 13(8) came into effect from 1.04.2009, he was not\npressing additional ground

M/S. BARROWS BLUE BELLS SCHOOL,BAHARAICH vs. THE I.T.O. (E), LUCKNOW

Accordingly, the same are being dismissed as having become academic in nature

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

68,254/- 18,39,650/- Addition on account of depreciation 5,61,657/- Total income (rounded off) 24,01,310/- 2.2 Aggrieved, the assessee preferred an appeal before the Ld. First Appellate Authority challenging the initiation of re- ITA No.360, 361 & 362/LKW/2020 Page 3 of 24 assessment proceedings as well as challenging the additions/disallowances on merits. However, the appeal before

M/S. BARROWS BLUE BELLS SCHOOL,BAHARAICH vs. THE I.T.O. (E), LUCKNOW

Accordingly, the same are being dismissed as having become academic in nature

Bench: Shri. Sudhanshu Srivastava & Shri Nikhil Choudhary

68,254/- 18,39,650/- Addition on account of depreciation 5,61,657/- Total income (rounded off) 24,01,310/- 2.2 Aggrieved, the assessee preferred an appeal before the Ld. First Appellate Authority challenging the initiation of re- ITA No.360, 361 & 362/LKW/2020 Page 3 of 24 assessment proceedings as well as challenging the additions/disallowances on merits. However, the appeal before

M/S. BARROWS BLUE BELLS SCHOOL,BAHARAICH vs. THE I.T.O. (E), LUCKNOW

68,254/-\n18,39,650/-\nAddition on account of depreciation\n5,61,657/-\nTotal income (rounded off)\n24,01,310/-\n2.2 Aggrieved, the assessee preferred an appeal before the\nLd. First Appellate Authority challenging the initiation of reassessment\nproceedings as well as challenging the\nadditions/disallowances on merits. However, the appeal before\nthe Ld. First Appellate Authority came to be dismissed

M/S AYODHYA FAIZABAD DEVELOPEMENT AUTHORITY,FAIZABAD vs. DY. COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW

section of society for \ncommercial area as certain percentage has to be made available for local shops and \nshops for barber, vegetable vendor etc. which are disposed-off through lottery \nsystem. It is this leftover part from 5% of saleable area that is sold though auction. \nFurthermore, the disposal of residential properties is done by an Authority

M/S AYODHYA FAIZABAD DEVELOPEMENT AUTHORITY,FAIZABAD vs. DY. COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW

section of society for \ncommercial area as certain percentage has to be made available for local shops and \nshops for barber, vegetable vendor etc. which are disposed-off through lottery \nsystem. It is this leftover part from 5% of saleable area that is sold though auction. \nFurthermore, the disposal of residential properties is done by an Authority

ASTT. COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

section 12AA of the Act, which would be very much indifference to the intention of the legislature. In fact, the assessee authority is working on commercial pattern like a big Page 47 of 242 (UP AWAS EVAM VIKAS PARISHAD) businessman. Even otherwise, if some plots are reserved for economically weaker sections of the society, firstly, there

ASTT. COMMISIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

section 12AA of the Act, which would be very much indifference to the intention of the legislature. In fact, the assessee authority is working on commercial pattern like a big Page 47 of 242 (UP AWAS EVAM VIKAS PARISHAD) businessman. Even otherwise, if some plots are reserved for economically weaker sections of the society, firstly, there

ASTT. COMMISIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

section 12AA of the Act, which would be very much indifference to the intention of the legislature. In fact, the assessee authority is working on commercial pattern like a big Page 47 of 242 (UP AWAS EVAM VIKAS PARISHAD) businessman. Even otherwise, if some plots are reserved for economically weaker sections of the society, firstly, there

ASTT. COMMISIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

section 12AA of the Act, which would be very much indifference to the intention of the legislature. In fact, the assessee authority is working on commercial pattern like a big Page 47 of 242 (UP AWAS EVAM VIKAS PARISHAD) businessman. Even otherwise, if some plots are reserved for economically weaker sections of the society, firstly, there

ASTT. COMMISIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

section 12AA of the Act, which would be very much indifference to the intention of the legislature. In fact, the assessee authority is working on commercial pattern like a big Page 47 of 242 (UP AWAS EVAM VIKAS PARISHAD) businessman. Even otherwise, if some plots are reserved for economically weaker sections of the society, firstly, there

ASTT. COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW vs. M/S U.P AWAS EVAM VIKAS PARISHAD, LUCKNOW

In the result, all the grounds taken in the appeals and ground 1 of additional grounds of the Revenue stand dismissed and additional ground

Bench: Shri A. D. Jain & Shri T. S. Kapoor

section 12AA of the Act, which would be very much indifference to the intention of the legislature. In fact, the assessee authority is working on commercial pattern like a big Page 47 of 242 (UP AWAS EVAM VIKAS PARISHAD) businessman. Even otherwise, if some plots are reserved for economically weaker sections of the society, firstly, there