DY. COMMISSIONER OF INCOME TAX- CENTRAL-CIRCLE-2(1), NAGPUR, NAGPUR vs. JAYMAHAKALI SHIKSHAN SANSTHA, WARDHA

In the result, Revenue’s appeal for A

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

12 Jaymahakali Shikshan Sanstha A.Y. 2017–18, 2018–19 & 2019–20 the said land. The assessee said transaction of ` 3 crore, which was made by account payee cheques is reflected in Schedule–H of the Balance Sheet. The Assessing Officer, on a perusal of Page–3 to 9 of the impounded documents marked as Annexure–B/4, noted that there