LATITUDE INFRAVENTURES,NAGPUR vs. PCIT,NAGPUR-1, NAGPUR

In the result, appeal filed by the assessee for assessment year 2017–18

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

147 of the Act. This is for the reason that, by issuing notice under section 263, the issues which were not subject matter of re-assessment proceedings, were sought to be revised and hence, the limitation period would run from intimation order passed under section 143(1) of the Act. The learned Counsel, in support of these arguments, placed reliance

DY. COMMISSIONER OF INCOME TAX, CIRCLE-3, NAGPUR, NAGPUR vs. VINODKUMAR RAJENDRALAL KOCHHAR, KAMPTEE

In the result, the appeal filed by the department is dismissed

Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member

Charitable Trust vs. ACIT (E) (2017) 59 ITR 204 Mum) (Trib) (b) Construction Co. vs. ACIT (2017) 188 TTJ 497 (Mum.) (Trib.) (c) M/s. Advance Construction Co. Pvt. Ltd. [INCOME TAX APPEAL NO.77 OF 2014; dt 28/6/2016 (Bom)(HC)] (d) Marico Ltd (Supreme Court) [Approved Bombay High Court decision Writ petition 1917 of 2019 dt 21/08/2019]. In view

SHRI GANPATI DEOSTHAN TRUST,NAGPUR vs. ITO WARD- 1,EXEMP,NAGPUR, NAGPUR

sections": [ "147", "144", "148A", "69A", "193", "11" ], "issues": "Whether the CIT(A) erred in confirming the AO's order, including additions made on account of cash deposits and interest, when the assessee claims to be a charitable trust

SHRI GANPATI DEOSTHAN TRUST,NAGPUR vs. ITO WARD- 1, EXEMP, NAGPUR, NAGPUR

charitable trust and the entire cash deposit was added without considering expenses. The Tribunal considered that every assessee deserves a fair chance to present their case.", "result": "Allowed", "sections": [ "147

DY. COMMISSIONER OF INCOME TAX CIRCLE (EXEMPTIONS), NAGPUR, NAGPUR vs. VASANTRAO NAIK STATE AGRICULTURE EXTENTION MANAGEMENT INSTITUTE, NAGPUR

In the result, appeal by the assessee stands allowed for statistical purposes

Bench: Shri Narender Kumar Choudhry & Shri K.M. Roy, Accountant, Member

147 due to the non-fling of return of income and the notice u/s 148 was issued on 30/03/2022 in response to which the appellant has fled the return of income on 11/10/2022 declaring total income of Rs. Nil, after claiming deduction u/s 10(23C) (iiiab). During the assessing proceedings various notices were issued to the appellant requesting to furnish