INCOME TAX OFFICER, INCOME TAX ( EXEMPTION), SAMBALPUR vs. JEEVAN KALYANA SADHANA KENDRA, JUNWANI, NUAPADA

None appeared on behalf of the assessee. However, ld AR for the assessee has sought adjournment as also the ld Sr DR of the revenue on the ground that 26.3.2024 is a holiday on account of ‘Holi’. ‘Holi’ was on 25.3.2024, which was on Monday and was a holiday. 26.3.2024 is not a holiday and the notice of hearing has been issued much in advance. Consequently, grounds raised in the adjournment petitions are found to be unsupported and, therefore, I reject the petitions and appeal of the revenue and cross objection of the assessee are disposed of on merits.

A perusal of the order of the ld CIT(A), most specifically at para 4.2, shows that the ld CIT(A) has followed the judicial discipline in following the order of the Jurisdictional ITAT, Cuttack Bench in assessee’s own case in dated 2.3.2023 for the assessment year 2015-16, wherein, the issue in the appeal regarding the claim of exemption u/s.11 has been held in favour of the assessee. This being so, as it is noticed that the ld CIT(A) has followed the judicial discipline and has followed the order of the Tribunal in assessee’s own case for the assessment year 2015-16 (supra), I find no error in the order of the ld CIT(A), which calls for any interference. Consequently, the appeal of the revenue stands dismissed. As the appeal of the revenue stands dismissed, the cross objection of the assessee also stands dismissed as the same is in support of the order of the ld CIT(A).

In the result, appeal of the revenue and cross objection of the assessee is dismissed.