Charitable Trust's Construction Expenses Allowed After AO's Disallowance Overturned by CIT(A) for Lack of Justification Opportunity.

Charitable Trust's Construction Expenses Allowed After AO's Disallowance Overturned by CIT(A) for Lack of Justification Opportunity. https://www.taxtmi.com/highlights?id=53713 Expenses on account of construction - Charitable Trust - the assessee started the construction activity in earlier years i.e. A.Ys. 2010-11, 2011-12, 2012-13 & 2014-15 all the years the AO has allowed the expenditure incurred by the assessee. The only year under consideration, AO without giving proper opportunity has disallowed the expenditure incurred by the assessee is not correct. - CIT(A) rightly allowed the deduction. en-us Tue, 16 Jun 2020 11:34:46 +0530 Tue, 16 Jun 2020 11:34:46 +0530 TaxTMI RSS Generator Charitable Trust's Construction Expenses Allowed After AO's Disallowance Overturned by CIT(A) for Lack of Justification Opportunity. https://www.taxtmi.com/highlights?id=53713 Expenses on account of construction - Charitable Trust - the assessee started the construction activity in earlier years i.e. A.Ys. 2010-11, 2011-12, 2012-13 & 2014-15 all the years the AO has allowed the expenditure incurred by the assessee. The only year under consideration, AO without giving proper opportunity has disallowed the expenditure incurred by the assessee is not correct. - CIT(A) rightly allowed the deduction. Highlights Income Tax Tue, 16 Jun 2020 11:34:46 +0530 https://www.taxtmi.com/highlights?id=53713