securi ti es coul d not be attri butabl e
to the acti vi t y ca rri ed out by the soci ... ground No.1, the assessee has chal l enged the acti on
of the Ld.CI T( Appeal s) in uphol
matters connected thereto. The uni versi t y started i ts
acti vi t y wi th ni n e engi neeri ... stated purpose
and that i ts acti v i ti es were aki n to that of another uni versi
appellant."
5. The above groun d i s agai nst the acti on of the CI T( A) i n
treati ... above ground the assessee has chal l enged the
acti on of Ld. CI T( A) in al l ocating e xpenses
duri ng the
course of carr yi ng out i ts acti vi ti es. Taki ng up through the
facts of the case ... cati on No.MPP-A( 7) /-1) 2000 dated 31.12.2000 and the
acti vi ti es undertaken by i t rel ated to determi nati
Before us, the Ld. counsel for assessee contended that
the acti vi ti es carri ed out by the I mprovement trust
consti tuted unde ... xempti on as carr yi ng out chari tabl e acti vi ti es as per secti
nsti tuti on should have st art ed all i ts envisaged
acti vi ti es i n t he fi rst year ... sati sfacti on regardi ng the genui neness of t he acti vi ti es of t he
Trust i s to be seen
Acti C-1(1), Chandigarh vs M/S Quixotic Healthcare, Chandigarh on 18 December, 2018
आयकर अपील
य अ धकरण,च डीगढ़ यायपीठ "बी
Sanjay Dahuja, Chandigarh vs Acti, C-2(1), Chandigarh on 10 June, 2020
आयकर अपील य अ धकरण,च डीगढ़ यायपीठ "बी
osed and di scl osure of
the same on subsequent s earch acti on, when the
i ncri mi nati ng materi al was foun ... attracted, i t was not necessar y that the search acti on be
carri ed out on the assessee and the onl y requi rement
these
companies wer e not carrying on any ki nd of business
acti vity, whatsoever.
ITA 33 &146/CHD/2023 ... merely existing on paper and not carr ying out any business
acti vity and not having any income generating apparatus;
that on perusing the material
