2022 (1) TMI 882

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.... Sr. DR ORDER Per Pradip Kumar Kedia, AM The captioned appeal has been filed at the instance of the assessee seeking to challenge the order passed u/s. 144 of the IT Act, 1961 dated 09.06.2017 passed against the order of the Commissioner of Income Tax(A)-40, Delhi ('CIT(A)' in short). 2. As per its grounds of appeal, the assessee had challenged the addition Rs. 4,15,80,000/- to....

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....e proof of evidence of amount accumulated under section 11(2) as per the objects prescribed u/s. 11(5) of the Act before the AO. The AO has, therefore, denied the benefit of accumulated available for exemption u/s. 11 of the Act. The CIT(A) has also refused to admit the additional evidence to demonstrate the compliance of section 11(5) for the purpose of availment of benefits under section 11(2) o....