2021 (9) TMI 1486

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....idhi Srivastava, CIT DR. For the Respondent :by Sh. Ravi Pratap Mall, Adv & Sh. C. S. Aggarwal, Sr. Adv. ORDER PER SUCHITRA KAMBLE, JM This appeal is filed by the Revenue against order dated 12/12/2017 passed by CIT(A)-Haldwani for assessment year 2014-15. 2. The grounds of appeal are as under:- 1. "The Ld. CIT(A) has erred in law and facts in deleting the additions of Rs. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... 3. The assessee is a trust registered on 10.04.1989 with the objects to establish and develop schools and colleges for imparting education and also medical aid to the needy. The assessee trust is registered u/s 12A of the Income Tax Act, 1961 with the Commissioner of Income Tax, Meerut vide SI. No. 11/89-90, C.N. 40(3)/ Registration/Rishikesh/81-90/C.I.B. /22448 dated 31.01.1990 w.e.f. 01.04.19....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ereby deleting all the additions. 6. The Ld. AR relied upon the order of the CIT(A) and the order of the Tribunal in assessee's own case being . 7. We have heard both the parties and perused all the relevant materials available on record. It is pertinent to note that for A.Y. 2002-03 also the Tribunal has dismissed the appeal of the Revenue vide order dated 04.10.2006, thereby granting benef....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....014-15 is dismissed. As regards to Ground No. 2, the CIT(A)'s finding for A.Y. 2010-11 which was decided in favour of the assessee by the Tribunal. In fact, during the year under consideration, the assessee in its books of account claimed depreciation of Rs. 22,90,026/- on the movable assets of the Trust, however this depreciation amount was added back in the return of income and was not claimed a....