Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Income Tax

ITAT Jodhpur Orders Fresh Verification as AO Ignored Accounting Method in Educational Trust Case

Case Law Details

Case Name
Hari Ram Shikshan Sansathan Vs ITO (ITAT Jodhpur)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2017-18
Advertisement Hari Ram Shikshan Sansathan Vs ITO (ITAT Jodhpur) The Income Tax Appellate Tribunal (ITAT), Jodhpur, addressed an appeal filed by Hari Ram Shikshan Sansathan (running ‘Diamond Academic’ school) against the CIT(A)’s order for Assessment Year 2017-18. The trust had claimed Nil income under Section 10(23C)(iiiad), reporting a turnover of ₹ 91,49,222. The Assessing Officer (AO) made two additions:₹ 40,86,800 for a discrepancy in fees and ₹ 8,32,800 for unexplained cash deposits under Section 69A. By adding the ₹ 40.86 lakh fee receipt to the reported turn...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Advertisement

Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,551

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *