SURYA CHARITABLE TRUST,,VARANASI vs. CIT (E), LUCKNOW

Charitable Trust, Varanasi v. CIT(Exemption), Lucknow appeal with tribunal. We have heard ld. CIT-DR who has strenuously argued to dismiss this appeal. We have also carefully perused the material on record. This appeal is filed belatedly by assessee by 220 days beyond the time prescribed u/s 253(3) of the 1961 Act. The assessee has filed an application

MOUSAMI CHOUDHURY,VARANASI vs. DY. CIT, RANGE - 02,, VARANASI

In the result , the appeal filed the assessee in ITA No

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

delay and latches will not be sufficient to discharge her onus, as the amount stood credited in her bank account , and she has to explain satisfactorily sources of credit in the said account. Thus, in our considered view, the assessee has failed to discharge her onus and the additions were rightly made by the AO and confirmed

MOUSAMI CHOUDHURY,VARANASI vs. DY. CIT, RANGE - 2, VARANASI

In the result , the appeal filed the assessee in ITA No

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

delay and latches will not be sufficient to discharge her onus, as the amount stood credited in her bank account , and she has to explain satisfactorily sources of credit in the said account. Thus, in our considered view, the assessee has failed to discharge her onus and the additions were rightly made by the AO and confirmed