ACIT, EXEMPTION CIRCLE, RANCHI vs. M/S. R.V.S. EDUCATIONAL TRUST, JAMSHEDPUR
In the result, appeal of the revenue is dismissed
ITA 24/RAN/2020[16-17]Status: DisposedITAT Ranchi21 May 2025
Bench: Shri George Mathan, Jm & Shri Ratnesh Nandan Sahay, Am (Through : Hybrid Mode) आयकरअपीलसं./Ita No.24/Ran/2020 (Ǔ""ȡ[""""[/ A.Y. :2016-2017) Acit, Exemption Circle, Ranchi Vs. M/S Rvs Educational Trust, C/O Binda Apartments (India) Private Limited, Siroman Nagar, Dimna Road, Mango, Jamshedpur-831012 ̾Ĉĭēıĕĸù Ĭĝń/Pan No. : Aaatr4456M (\ "Ȣ"ȡ"ȸ/Appellant) (Ĥ×""ȸ/ Respondent) ..
For Appellant: Shri Shikesh Jha, ARFor Respondent: Shri Shiv Swaroop Singh, CIT-DR
Section 11(1)(d)Section 12ASection 143(3)
143(3) on 21-12-
2018 and the followingaddition were made:-
(i)
Rs.1,70,87,735/ Discussed and named as carry forward and set-off the excess application of income.
(ii)
Rs.1,72,47,113/-Discussed and named as Repayment of Loan. Rs.1,72
(iii)
Rs.4,39,31,322/-Discussed and named as Capital expenditure.
(iv)
Rs.69,66,832/ Discussed