2008 (8) TMI 497

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... inafter referred to as "the Act", arises out of the order of the Income-tax Appellate Tribunal, Agra Bench, Agra, hereinafter referred to as "the Tribunal" dated January 24, 2006, relating to the assessment year 1996-97. 2. Briefly stated the facts giving rise to the present appeal are as follows: 3. The respondent-assessee is a trust registered under section 12A of the Act. During the period Ap .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he Tribunal. 4. We have heard Sri Shambhu Chopra, learned standing counsel for the Revenue. 5. Learned standing counsel submitted that the donors were not produced before the assessing authority for cross-examination and the summons issued under section 131 of the Act remained unanswered. In the circum stances he submitted that the investment made in the land has rightly been added in the hands .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... der section 12A of the Act. The said donation given by one trust to another trust is treated as an expenditure for religious and charitable purposes under the Act and, there fore, could not have been added under the head "Income from other sources". 8. Now, remains the last item pertaining to Rs. 5,50,000 which the assessee had distributed among poor persons in cash. It may be mentioned here that .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X