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2019 (11) TMI 273 - AT - Income TaxExemption u/s 11 - activity of publishing of news paper - charitable activity u/s 2(15) - HELD THAT:- On the issue of exemption u/s. 11 apart from relying on the decision of the AO and Ld. CIT(A), she placed reliance on the following cases. But she could not controvert the contention of the Ld. Counsel for the assessee that the issue of activity of publishing of news paper is squarely covered by the decision of the ITAT, Delhi ‘A’ Bench vide order dated 17.09.2019 passed in assessee’s own case for the assessment [2019 (10) TMI 662 - ITAT DELHI] wherein the said activity has been declared as charitable. As regards issues of double addition are concerned, she has no objection if the said issues be set aside to the AO for verification whether the said amount tantamount to double addition or not. Addition on account of income deemed under the provisions of Section 11 (3) - HELD THAT:- After perusing the computation of income for the Assessment Year 2010-11 placed in Paper Book, we find considerable cogency in the contention of the Ld. Counsel for the Assessee that the Assessee suo-moto has already increased its assessable income for the relevant previous year ended on March 31, 2010 and further the said addition made by the AO tantamount to double addition, which in our opinion, needs to be verified at the level of the AO whether the same tantamount to double addition or not and then decide the same afresh, after giving adequate opportunity of being heard to the assessee. We hold and direct accordingly. In the result, the Assessee’s appeal is partly allowed for statistical purposes. Disallowance on account of Provision for Bad and Doubtful Debts and provision for Arrears of Salary - HELD THAT:- After perusing the computation of income for the AY 2010-11), we note that Assessee suo-moto has already increased its assessable income by reducing its expenditure by an amount of ₹ 4,50,000/- and ₹ 5,00,000/- for the relevant previous year ended on March 31, 2010. Further, the said disallowance made by the AO tantamount to double disallowance, which in our opinion, needs to be verified at the level of the AO whether the same tantamounts to double addition or not and then decide the same afresh, after giving adequate opportunity of being heard to the assessee. Addition on account of interest and other income credited in reserve fund for activities centered at Delhi - HELD THAT:- It is noted that Assessee suo-moto has already increased its assessable income for the relevant previous year ended on March 31, 2010. Further, the said addition made by the AO tantamount to double addition, which in our opinion, needs to be verified at the level of the AO whether the same tantamount to double addition or not and then decide the same afresh, after giving adequate opportunity of being heard to the assessee
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