SHANT KUMAR BATHWAL,RANCHI vs. ACIT CIR-3, RANCHI

In the result, the appeal of the assessee is allowed

Bench: Hon’Ble Shri J. Sudhakar Reddy] I.T.A. No. 296/Ran/2016 Assessment Year : 2013-14 Shant Kumar Bathwal...............................................................................................Appellant S.K. Bathwal & Company, 301, Shrilok Complex, 4, H.B. Road, Ranchi – 834 001. [Pan: Accpb 1599 B] Acit Cir 3...................……………………………………................................................Respondent Revenue Building, Main Road, Ranchi. Appearances By: Shri S.K. Bathwal, Advocate Appearing On Behalf Of The Assessee. Shri P.K. Mondal Appearing On Behalf Of The Revenue. Date Of Concluding The Hearing : February 22, 2018 Date Of Pronouncing The Order : February 28, 2018 Order Per J. Sudhakar Reddy, Am

Section 40(a)(ia) cannot be 2 I.T.A. No. 296/Ran/2016 A.Y. 2013-14 Shant Kumar Bathwal applied to a claim of deduction u/s 57 of the Act. Thus this ground of the assessee is allowed and the disallowance deleted. 3. In the result, the appeal of the assessee is allowed. Order Pronounced in the Open Court on 28th February

ACIT, CIRCLE-3, RANCHI vs. SHRI SUMIT RAMSISARIA, RANCHI

Bench: Shri J.Sudhakar Reddy & Shri S.S.Godara

disallowed and added to the total income of the assessee. In the instant case, the balances of many of the sundry creditors were outstanding coming from earlier years. Payments were made to some or the creditors during the year. The said payments have been accepted by the AO which means genuinity of the payments to these creditors as well

M/S CHURCH SCHOOL,JAMSHEDPUR vs. ACIT, JAMSHEPUR

In the result, the appeal of assessee being ITA No

section 10(23)( c )(vi) of the IT Act and has held that mere surplus does not mean that institution is existing for M/s. Church School making profit. The predominant object test must be applied. Hon’ble Apex Court while affirming the decision of Punjab and Haryana High court in case of Pine Grove international charitable trust v/s Union