2018 (4) TMI 885

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....egistered under Section 12AA(3) of the Act, 1961 as a Charitable Trust thereby entitling it to exemption under Section 11 and 12 of the said Act. On 31.07.2013 a search and seizure operation was carried out at the registered office of the petitioner- M/S Hind Charitable Trust, situated in Indira Nagar, Lucknow and Hind Institute of Medical Sciences situated at Safedabad, Barabanki. Based on this operation assessment proceedings under Section 153-A/143(3) for the assessment years 2008-09 and 2014-15 were carried out. Based on the assessment proceedings culminating in an assessment order dated 31.07.2016 demand notices were issued to the petitioner. The assessment orders have been challenged by the petitioner by filing an Appeal before the Co....

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....; The Rampur Distillery Co. Ltd. Vs. The Company Law Board and Anr. and (2018) 90 Taxmann.com 282 (All); Assistant Commissioner of Income-tax-I Vs. Agra Development Authority. Shri Alok Mathur, learned counsel appearing for the Income Tax Department, relying upon a Division Bench judgment of the Bombay High Court reported in 2012 SCC Bom 126; Sinhagad Technical Education Society Vs. Commissioner of Income Tax (Central), Pune and Anr., submitted that the plea of retrospectivity was misconceived in view of the said decision. He further contended that the show cause notice for cancellation of registration granted on 28.07.2006 w.e.f. 01.04.2007 was justified, as, in the assessment proceedings for the assessment years 2008-09 to 2014-15 it w....