Astrological Consultancy ... vs Dcit, Panchkula on 2 January, 2017
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IN THE INCOME TAX APPELLATE TRIBUNAL
DIVISION BENCH, CHANDIGARH
BEFORE SHRI BHAVNESH SAINI, JUDICIAL MEMBER ... 2011
Assessment year: 2008-09
M/s J.M.D, Astrological Consultancy Vs. The CIT, Panchkula
Services Pvt. Ltd, Panchkula Range, Panchkula
PAN No. AABCJ4419N
erred in upholding the disallowance of depreciation on
astrological fees (Architectural Fees) amounting to Rs. 1,04,67,3177-
despite the fact that:
• The payments ... hence, dismissed.
5. Ground No 3 challenges the disallowance of depreciation on astrology
fees of Rs 1,04,67,317/-. During the year, the assessee
Informant is stated to be an App-based platform, offering on-demand astrology services
through 'InstaAstro', which enables users to schedule sessions with ... astrologers over chat/call
and provide diversified services such as tarot reading, vastu, vedic astrology, match-making,
horoscope reading, etc. The Informant has hired various
Rakesh Goel S/O Om Prakash Goel vs All India Navyog Astrologers ... on 4 May, 2018
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jkT; miHkksDrk fookn izfrrks ... Kumar Kothi, Kachahari Road, Ajmer, (Raj)
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1 All India Bavyug Astrologers Federation,
(Registered), Through The Foundry
Chairman, Professor Dr. Dilip Kumar
Raman [1966] 59 ITR 20. In that case the assessee was an astrologer by profession and was also publishing an astrological magazine. He was elected ... other countries through which he travelled, he delivered lectures on astrology and also utilised the opportunity to know the advances made by astrology in those
Capitals with salient features. Complainant no.1 is an astrologer by profession and he is earning his source of livelihood by doing the work ... astrology and has no office space to run his business. Complainant no.2 is doing the work of web designing and he has also
identify, select and purchase of the gems which
were mainly used for Astrological purposes. According to ld. AR even though the assessee
had provided ... Jewellers & Co. (1945) (P) Ltd., AY-2009-10
used for astrological purposes and the value of the same is based on carat, colour, cuts
Upadhye, all family members. Mr. S.D. Updahye is an Astrologer and a
literary figure in Marathi and his wife Mrs. Sandhya Upadhye ... plays and cultural programmes in
Marathi. In view of the expertise in astrology and its scientific study of
Zodiac Signs, Shri Upadhye being a professional
addition of Rs.10,00,000/- made
on account of Income from Astrology & Vastu Shastra ignoring
the fact that the assessee did not maintain ... addition of Rs.10
lakhs made on account of income from Astrology & Vastu Shastra, the
Assessing Officer observed as under:-
"Assessee was asked
found that the assessee
has multiple sources of income including from Astrology
(including teaching & astrologer); (i) Selling Research Reports,
Books & Consultation on Technical ... Analysis, Fundamental
Analysis & Astrological Analysis for Stock Market Forecasting (ii)
ITA No.679/LKW/2024
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