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

148 of the Act. The assessment proceedings were concluded by accepting the return income filed by the assessee. An assessment order under section 143(3) r/w section 147 was passed on 29/03/2022, accepting the returned income. Subsequently, a notice dated 29/12/2023, under section 263 of the Act was placed by learned Commissioner of Income-tax. Consequently, an order dated 29/03/2024

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

CHARITABLE TRUST)\nand source of the cash is donations.\n2.\nGround 5. On the facts and circumstance and the law, the learned\nCIT(A) erred in confirming the order of the AO which has levied\ninterest under the Act and initiated penalty proceedings.\"\nITA No. 685/Nag/2025 for A.Y. 2017-18 the assessee has\nraised the following grounds of appeal

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", "144", "148

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

section 148 for the year under consideration for the reasons discussed above. Thus, Thus, it can be observed that on same set of facts, the AO has passed assessment order for AY 2019-20 wherein claim of exemption u/s 10(23)(iiiab) has been allowed. In this regard, it is important to note that as per assessment order itself

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