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2 results for “disallowance”+ Section 272A(2)(e)clear

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Key Topics

Section 272A(1)(d)3Section 142(1)2Penalty2Addition to Income2

BUCCS LTD. AND NBC AND JV,BULDHANA vs. NATIONAL E-ASSESSMENT CENTRE, DELHI

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 67/NAG/2023[2018-19]Status: DisposedITAT Nagpur26 Jun 2024AY 2018-19

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

For Appellant: Shri Abhay AgrawalkFor Respondent: Shri Rajat Singhai
Section 142(1)Section 143(2)Section 143(3)Section 272A(1)(d)Section 32(1)(ii)

disallowances of AO 10 percent evidences reduced the loss as the of the expenses of Rs.60,30,992/- on claimed in the return of income by ad hoc basis made and the Ld. CIT(A) the Appellant of 10 percent of the erred in confirming the same. total expenses for which the Appellant did not provide proper evidence

SANT SHANKAR MAHARAJ AASHRAM,AMRAVATI vs. DCIT ACIT CIR-EXEMP, NAGPUR

In the result, assessee’s appeal stands allowed for statistical purposes

ITA 503/NAG/2024[2018-19]Status: DisposedITAT Nagpur21 Mar 2025AY 2018-19

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

For Appellant: Shri Mahavir AtalFor Respondent: Shri Sandipkumar Salunke
Section 11Section 12ASection 142(1)Section 2Section 272A(1)(d)Section 69A

2 Sant Shankar Maharaj Aashram ITA no.503/Nag./2024 12AA vide CIT-III, Nagpur's order in F.No CITIII/12AA/20-05-2009-10 dated 26/2/2010. The trust is running 6 educational institutions in which 2000 students are studying. There is also a hostel and temple. The assessee filed Form–10B on 10/10/2016 before filing return of income for the assessment year under consideration. The return