LOK BHARTI MANDAL,SURAT vs. THE INCOME TAX OFFICER (EXEMPTION) WARD, SURAT
In the result, appeal filed by the assessee is partly allowed in above terms
ITA 212/SRT/2023[2008-09]Status: DisposedITAT Surat16 Jun 2023AY 2008-09
Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.212/Srt/2023 "नधा"रण वष"/Assessment Year: (2008-09) (Physical Hearing) Lok Bharati Mandal, Vs. The Ito, Bharatia Vidhya Sankul, Opp. Terapanthi (Exemption) Ward, Bhavan, City Light Ropad, Surat. Surat – 395007. (Assessee) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaatl2524Q Assessee By Shri Hiren Vepari, Ca Respondent By Shri Vinod Kumar, Sr. Dr 04/05/2023 Date Of Hearing Date Of Pronouncement 16/06/2023
Section 11(1)(d)Section 143(3)
section 11(1)(d) of the Act of Rs.51,38,851/- received as earmarked funds, being corpus donation.
ITA 212/SRT/2023/AY.2008-09
Lok Bharti Mandal
5. The facts necessary for disposal of the appeal are stated in brief.
During the course of re-assessment proceedings, it was observed by the assessing officer that assessee had reported total additions of Rs.51