Protective Additions Cannot Survive Once Substantive Addition Fails – ITAT Bangalore in Trust Search Cases

DCIT Vs Rajesh Nagaraja Rao Jagdale (ITAT Bangalore) Protective Additions Cannot Survive Once Substantive Addition Fails – ITAT Bangalore in Trust Search Cases In this case the ITAT Bangalore dealt with a batch of 25 appeals involving trustees and office bearers of Dr. Devraj Urs Educational Trust, where additions were made based on alleged unaccounted capitation fee receipts. The Assessing Officer made: Substantive additions in the hands of the Trust Protective additions in the hands of individual trustees/assessees However, the Tribunal noted that the substantive additions in the Tru...