2022 (11) TMI 1370

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....ssee against the order dated 27.03.2019 passed by the CIT(A)-5, Vadodara for the Assessment Year 2014-15. 2. The assessee has raised the following grounds of appeal :- "1. In the facts and in the circumstances of the case and in law the learned Assessing Officer has erred in making addition of Rs.6,86,910/- on account of best judgement assessment/s 144 of Income Tax Act, 1961 and treating Trust....

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....he Income Tax Act, 1961 on 07.12.2016 thereby addition of Rs.7,19,210/- in respect of gross receipt as per income and expenditure account. The assessment order was passed ex-parte/best judgement assessment under Section 144 of the Act. 4. Being aggrieved by the assessment order, the assessee filed appeal before the CIT(A). The CIT(A) dismissed the appeal of the assessee on the ground that necessa....

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....assessee as the Trust is registered under Section 12AA of the Act w.e.f. 26.03.2010. The Tribunal, in the case of Audyogik Shikshan Mandal (supra) clearly observed that if Form No.10B is available on record, the same should be taken into account and exemption cannot be denied to the assessee under Section 11 of the Act. In the present case also the assessee has fulfilled all the relevant condition....