RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

Section 54E of the Act was neither applicable nor sought to be applied by the assessee. The question of denying any such claim under the said provision for breach of condition therein therefore simply did not arise. It is well-settled that notice for reopening has to be sustained and supported only on the basis of reasons recorded

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are partly allowed as per terms indicated hereinabove

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita Nos.1121 To 1126/Pun/2024 Assessment Years : 2012-13 To 2017-18

Section 54E of the Act was neither applicable nor sought to be applied by the assessee. The question of denying any such claim under the said provision for breach of condition therein therefore simply did not arise. It is well-settled that notice for reopening has to be sustained and supported only on the basis of reasons recorded

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION , KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

54E of the Act.\n7. What thus emerges from the above discussion is that the reasons\non which the notice for reopening is issued lacks validity. Section\n54E of the Act was neither applicable nor sought to be applied by\nthe assessee. The question of denying any such claim under the\nsaid provision for breach of condition therein therefore simply

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

54E of the Act.\n7. What thus emerges from the above discussion is that the reasons\non which the notice for reopening is issued lacks validity. Section\n54E of the Act was neither applicable nor sought to be applied by\nthe assessee. The question of denying any such claim under the\nsaid provision for breach of condition therein therefore simply

RAJARSHI SHAHU SHIKSHAN SANSTHA INAM DHAMANI,SANGLI vs. ITO EXEMPTION, KOLHAPUR

In the result, all the appeals filed by the assessee are\npartly allowed as per terms indicated hereinabove

54E of the Act.\n7. What thus emerges from the above discussion is that the reasons\non which the notice for reopening is issued lacks validity. Section\n54E of the Act was neither applicable nor sought to be applied by\nthe assessee. The question of denying any such claim under the\nsaid provision for breach of condition therein therefore simply