MR. MANOJ KUMAR NAYAK,BHUBANESWAR vs. DDIT, INTERNATIONAL TAXATION, BHUBANESWAR, BHUBANESWAR

In the result, the appeal of the assessee is allowed for statistical purposes

154(2)(b), which reads that "Subject to other provisions of this section, the authority concerned —(b) shall make such amendment for rectifying any such mistake which has been brought to its notice by the assessee...." The above definition clearly lays down that the AO is well competent to rectify any mistake, which is brought to its notice

GRAM VIKAS TRUST,BERHAMPUR vs. ITO, EXEMPTION WARD, BERAMPUR

In the result, both the appeals filed by the assessee for AYs 2014-

Bench: Shri Duvvuru Rl Reddy(Kz) & Shri Rakesh Mishra

7 and uploaded Form No. 10 on 30.09.2016. The CPC, vide intimation u/s 143(1) of the Act disallowed the exemption claimed u/s 11(2) of the Act by making an addition of ₹ 10,45,000/- and raising tax liability of ₹ 1,82,680/- and tax demand of ₹ 1,70,633/- after adjustment of TDS refund claim for that year

GRAM VIKAS TRUST,BERHAMPUR vs. ITO,EXEMPTION WARD, BERAMPUR

In the result, both the appeals filed by the assessee for AYs 2014-

Bench: Shri Duvvuru Rl Reddy(Kz) & Shri Rakesh Mishra

7 and uploaded Form No. 10 on 30.09.2016. The CPC, vide intimation u/s 143(1) of the Act disallowed the exemption claimed u/s 11(2) of the Act by making an addition of ₹ 10,45,000/- and raising tax liability of ₹ 1,82,680/- and tax demand of ₹ 1,70,633/- after adjustment of TDS refund claim for that year

REGIONAL COLLEGE OF ENGINEERING & MANAGEMENT,BHUBANESWAR vs. ITO, WARD-2(2), BHUBANESWAR

In the result, appeal of the assessee is allowed

Bench: Shri C.M. Garg, Jm & Shri L.P. Sahu, Am आयकर अऩीऱ सं./Ita No.94/Ctk/2016 (नििाारण वषा / Assessment Year :2008-2009 Regional College Of Engineering & Vs. Ito Ward-2(2), Bhubaneswar Management, Plot No.18, Sector-A, Zone-B, Mancheswar Industrial Estate, Bhubaneswar-751010 Pan No. : Aaaar 1386 H (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. ननधााररती की ओर से /Assessee By : Shri Sunil Mishra, Advocate राजस्व की ओर से /Revenue By : Shri Subhendu Datta, Dr सुनवाई की तारीख / Date Of Hearing : 20/08/2020 घोषणा की तारीख/Date Of Pronouncement : 21/08/2020 आदेश / O R D E R Per L.P.Sahu, Am: This Is An Appeal Filed By The Assessee Against The Order Of The Cit(A)-3, Bhubaneswar, Dated 28.12.2015 For The Assessment Year 2008-2009, On The Following Grounds Of Appeal :- 1. That, The Learned Cit (A) Has Committed Serious Error In Not Allowing The Appeal Of The Appellant Against The Order Of The Learned Ao Passed U/S 154 Of The Income Tax Act Dated 15.10.2014 . 2. That, The Learned Cit (A) Has Committed Serious Error In Not Accepting That The Denial Of "Emption To A Charitable Trust Granted Registration U/S 12Aa Of The Income Tax Act Is A Mistake Apparent From Record As Envisaged U/S 154 Of The Income Tax Act, 1961. 3. That, The Learned Cit (A) Has Committed Serious Error In Holding That The Mistake Of Disallowance For Violation Of Provision Of Section 40(A)(Ia) Of The Income Tax Act Is Not A Mistake Apparent From Record In The Case Of A Charitable Trust Registered U/S 12Aa Of The Income Tax Act.

154 of the Income Tax Act, 1961. 3. That, the learned CIT (A) has committed serious error in holding that the mistake of disallowance for violation of provision of Section 40(a)(ia) of the Income Tax Act is not a mistake apparent from record in the case of a charitable Trust registered u/s 12AA of the Income

ODISHA BRIDGE & CONSTRUCTION CORPORATION LTD.,BHUBANESWAR vs. ACIT, CIRCLE-2(2), BHUBANESWAR

In the result, appeal of the assessee is partly allowed

TDS Certificates were given to him. 6. That the learned CIT(Appeal) invoked the provision of Section 263 although different alternatives were with him such as Section 147 and also Section 154. 2. At the time of hearing the ld. AR of the assessee filed an adjournment petition seeking adjournment, however, considering facts of the case, we reject the adjournment

M/S. G.N.MOHANTY AND CO.,BHUBANESWAR vs. ITO, WARD-1(2), BHUBANESWAR

In the result, appeal of the assessee is allowed

Bench: Shri Chandra Mohan Gargassessment Year: 2007-08 M/S. G.N.Mohanty & Co., Plot Vs. Ito, Ward 1(2), Bhubaneswar. No.2060/2061,2062 S, Samatarpur Chhak, Bhubaneswar. Pan/Gir No.Aaefg 3478 J (Appellant) .. ( Respondent)

TDS credit of Rs.1,74,926/-. So the assessee firm has suppressed balance receipt/income amounting to Rs.11,70,702.99 (Rs.31,58,934. – Rs.19,88,231.01).” P a g e 2 | 5 ITA No. 397/CT K/ 2017 Asse ssment Year: 20 07- 08 7. It was further submitted by ld A.R. of the assessee that no new material had come

SHYAM SUNDAR JENA,CUTTACK vs. ITO,WARD-1(1), CUTTACK

In the result, appeal of the assessee stands dismissed

Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalassessment Year : 2016-17 Shyam Sundar Jena, Dulla Shyam Sundar Jena, Dulla Vs. The The Ito, Ito, Ward-1(1), Ward Devi Road Kalyani Nagar, Devi Road Kalyani Nagar, Cuttack Cuttack Pan/Gir No. No.Ajepj 5491 R (Appellant (Appellant) .. ( Respondent Respondent)

TDS’. It was the submission that the amount consisted of Rs.2,33,328/-, which was the tax paid in USA. It was the submission that in the intimation issued, the benefit of TDS/tax deducted and paid in a foreign country has not been given benefit of. It was the submission that in an application under section 154

ACIT, SAMBALPUR vs. M/S MAHANADI COALFIELDS LTD, SAMBALPUR

In the result, appeals filed by the revenue for the assessment years

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

TDS and maturity of FDR on the basis of statement/bank advice given by bank . This will clearly explain the method of accounting followed by the 28 Mah anadi Coalf ield Ltyd., assessee in respect of FDRs and interest thereon. It is pertinent to mention here that in the immediately preceding and succeeding financial years also

KALPANA MISHRA,BHUBANESWAR vs. ITO, WARD 5(4), BHUBANESWAR, BHUBANESWAR

In the result, appeal of the assessee is partly allowed for statistical purposes

Bench: Shri George Mathan & Shri Manish Agarwalआयकर अपील संसंसंसं/Ita No.491/Ctk/2024 (िनधा"रण िनधा"रण िनधा"रण वष" िनधा"रण वष" वष" / Assessment Year : 2016-2017) वष" Kalpana Mishra, Vs Ito Ward-5(4), Bhubaneswar Plot No.B-87/A, Chandaka Industrial Estate, Patia, Bhubaneswar-751024 Pan No. :Alfpm 2864 E (अपीलाथ" अपीलाथ" अपीलाथ" /Appellant) अपीलाथ" (""यथ" ""यथ" ""यथ" / Respondent) ""यथ" .. िनधा"रती िनधा"रती क" िनधा"रती िनधा"रती क" क" ओर क" ओर ओर सेसेसेसे /Assessee By ओर : Shri B.R.Pattnaik, Ca राज"व राज"व क" राज"व राज"व क" क" ओर क" ओर ओर सेसेसेसे /Revenue By ओर : Shri S.C.Mohanty, Sr. Dr सुनवाई क" तारीख / Date Of Hearing : 28/01/2025 घोषणा क" तारीख/Date Of Pronouncement : 28/01/2025 आदेश आदेश / O R D E R आदेश आदेश Per Bench : This Is An Appeal Filed By The Assessee Against The Order Dated 07.03.2024, Passed By The Cit(A), National Faceless Appeal Centre (Nfac), Delhi In Din & Order No.Itba/Nfac/S/250/2023- 24/1062168195(1) For The Assessment Year 2016-2017, On The Following Grounds :- 1. Hon'Ble Cit(Appeals), Nfac Has Erred In Law & On Facts In Confirming The Action Of The Learned Ao Even Though The Learned Ao Has Exceeded His Jurisdiction In A Limited Scrutiny Case Selected Under Cass Only To Examine Whether The Investment & Income Relating To Securities Transactions Are Duly Disclosed Or Not & Added A Sum Of Rs.44,00,000.00 U/S 68 Of The Income Tax Act, 1961, Without Obtaining Prior Administrative Approval Of The Concerned Pr. Cit/Cit As Prescribed In Circular F. No. 225/402/2018/Ita.Ii, Dated 28- 11-2018 & Instruction No.5/2016 [F.No.225/269/2015-

7 a. In 'limited scrutiny cases, the reasons/issues shall be forthwith communicated to the assessee concerned. b. The Questionnaire under section 142(1) of the Act in 'limited scrutiny cases shall remain confined only to the specific reasons/issues for which case has been picked up for scrutiny. Further, the scope of enquiry shall be restricted to the 'limited scrutiny' issues