Prabhat Adarsh Jan Kalyan Samiti v. Income-tax Officer
Case No: ITA No. 5119/Del/2024
Court: Income Tax Appellate Tribunal, Delhi Bench ‘H’ New Delhi
Date: 2/20/2025
Parties Involved
appellantPrabhat Adarsh Jan Kalyan Samiti
respondentIncome-tax Officer, Ward Exemption 2(4), Delhi
Facts Summary
The assessee, Prabhat Adarsh Jan Kalyan Samiti, filed its return of income declaring ‘Nil’ income and claiming exemption under sections 11 & 12 of the Income Tax Act, 1961. The case was selected for scrutiny assessment, and notices under sections 143(2) and 142(1) were issued by the Assessing Officer (AO). However, the assessee did not comply, leading the AO to frame an ex parte best judgment assessment under section 144, disallowing 50% of the expenses amounting to Rs. 92,28,130/- and assessing…
Decision in favour of
Assessee
Legal Issues
- 1. Whether the delay in filing the appeal should be condoned.
- 2. Whether the ex parte best judgment assessment by the AO was valid.
1 more legal issue analysed in this judgement.
Precedents Relied Upon
2 precedents cited in this judgement.