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Harakh Chand Glass Pvt. Ltd., Allahabad vs DCIT, Circle-2, Allahabad (ITAT Allahabad): Stay of Tax Demand — Prima Facie Case, Financial Hardship & Balance of Convenience
Facts of the CaseHarakh Chand Glass Pvt. Ltd., Allahabad, filed an
appeal before the Income Tax Appellate Tribunal challenging additions made by
the Assessing Officer which resulted in a substantial tax demand. Pending...
ACIT, Allahabad vs M/s Allahabad High School Society (ITAT Allahabad): Exemption to Educational Institution — Applicability of Sections 11, 12 & Charitable Purpose under Section 2(15)
Facts of the CaseM/s Allahabad High School Society, Allahabad, an
educational institution engaged in running schools, claimed exemption of its
income on the ground that it was a charitable organization devoted to
educ...
Sudama Devi (L/H of Late Lal Chand Yadav), Sonebhadra vs CIT(A), Allahabad (ITAT Allahabad): Dismissal of Appeal & Addition for Unexplained Income — Principles of Natural Justice and Appellate Powers
Facts of the CaseThe assessee, Smt. Sudama Devi, legal heir of Late
Lal Chand Yadav of Sonebhadra, filed an appeal before the Commissioner of
Income Tax (Appeals), Allahabad against assessment proceedings wherein
addi...
Shiv Shanti Trust, Allahabad vs CIT (Exemption), Lucknow (ITAT Allahabad): Refusal/Grant of Registration under Sections 12A/12AA — Charitable Objects & Genuineness of Activities
Facts of the CaseShiv Shanti Trust, Allahabad, applied for
registration as a charitable trust to avail tax exemption benefits under the
Income-tax Act, 1961. The Commissioner of Income Tax (Exemption), Lucknow
examine...
Shakuntala Kushwaha, Allahabad vs ITO Ward 2(3), Allahabad (ITAT Allahabad): Addition for Unexplained Cash/Investment under Sections 69/69A — Evidentiary Burden on Assessee
Facts of the CaseThe assessee, Smt. Shakuntala Kushwaha of
Allahabad, was subjected to assessment proceedings by the Income Tax Officer,
Ward 2(3), Allahabad. During the course of assessment, certain assets,
investmen...
Jagdish Matanhelia Memorial Trust, Pratapgarh vs CIT (Exemption), Lucknow (ITAT Allahabad): Registration of Charitable Trust under Section 12AA — Scope of Inquiry into Objects & Genuineness of Activities
Jagdish Matanhelia Memorial Trust, Pratapgarh,
applied for registration as a charitable trust to avail tax exemption benefits
under the Income-tax Act, 1961. The Commissioner of Income Tax (Exemption),
Lucknow examine...
Rashmi Mehrotra, Allahabad vs DCIT, Allahabad (ITAT Allahabad): Addition for Unexplained Income/Investment — Applicability of Sections 69/69A & Burden of Proof
Facts of the CaseThe assessee, Smt. Rashmi Mehrotra of Allahabad,
was subjected to assessment proceedings by the Deputy Commissioner of Income
Tax. During the assessment, certain investments or monetary amounts were
i...
Shree Manni Lal Shikshan Samiti, Allahabad vs ACIT, Allahabad (ITAT Allahabad): Rectification/Miscellaneous Application under Section 254(2) — Scope of “Mistake Apparent on Record” in Educational Society Case
Facts of the CaseShree Manni Lal Shikshan Samiti, Allahabad, an
educational society, had earlier been subjected to appellate proceedings before
the Income Tax Appellate Tribunal. Following the Tribunal’s decision, th...
Shri Uma Charan Gupta, Satna vs ACIT, Central Circle, Allahabad (ITAT Allahabad): Additions in Search Assessment under Sections 153A/132 — Requirement of Incriminating Material
Facts of the CaseA search and seizure operation under Section 132 of
the Income-tax Act, 1961 was conducted in the case of Shri Uma Charan Gupta of
Satna. Pursuant to the search, proceedings under Section 153A were ini...
ACIT/ITO vs. Smt. Banarsi Devi — Addition under Section 68 Deleted: Assessee Discharged Burden of Proof on Cash Credits | ITAT Allahabad
Facts of the CaseThe Revenue filed appeals before the Income Tax Appellate
Tribunal, Allahabad Bench, against the order of the Commissioner of Income Tax
(Appeals) in the case of Smt. Banarsi Devi. The dispute related ...