Venkateshwar Ispat Limited, Raipur vs. Income Tax Officer, Ward 2(1), Raipur
In the result, the appeal of assessee is allowed
ITA 10/RPR/2018[2014-15]Status: DisposedITAT Raipur17 Oct 2022AY 2014-15
Bench: Shri Ravish Sood, Jm & Shri Arun Khodpia, Am आयकर अऩीऱ सं./Ita No.10/Rpr/2018 (ननधाारण वषा / Assessment Year :2014-2015) Venkateshwar Ispat Limited, Vs Ito-2(1), Raipur 655-B, Urla Industrial Complex, Raipur Pan No. : Aaacv 7829 H (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..
For Appellant: Shri R.B.Doshi, CAFor Respondent: Shri G.N.Singh, Sr. DR
…aces reliance on the following judicial pronouncements:- (i) Dy. CIT V. Surface Finishing Equipment (2003) 81 TTJ (Jod- Trib) 448. (ii) Vide Sundarmal Satpal v. ITO (2005) 94 TTJ 423 (Asr-Trib). (iii) New Ambadi Estates (P.) Ltd. v. State of Tamil Nadu [1993] 200 ITR 64 (Mad.) (iv) Nirmal Textile (P) Ltd. IAC (2005) 185 Taxatioin 84 (Del-Trib). (v) M/s Maharaja Shree Umaid Mills Ltd. (1991) 192 ITR 565 (Raj) (vi) St. Tereas's Mills V. State of Kerala 76 ITR 365. (vii) Chandra Timber traders Vs. CIT (1996) 54 TTJ (Del-Trib) 544. (viii) Prahaladas Hari Kishan Vs. Astt. CIT (1998) 60 TTJ (Ind-Trib) 27. (ix) Jaipur E…