ITO, BHADRAK WARD, BHADRAK vs. DEEPANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. DEEPANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. ANUPAMA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. SITANSU SEKHAR MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. HIMANSU MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. SMT. KUNTALA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD , BHADRAK vs. PARBATI MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. KISHORE KUMAR MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. MAMATA MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

ITO, BHADRAK WARD, BHADRAK vs. AMRUTA PREETAM MOHAPATRA, BHADRAK

In the result, Appeals of the revenue in in ITANos

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am

112 taxmann.com 330 (SC) 2. Sanjay Bimalchand Jain vs. Pr. CIT (2018) 89 taxmann.com 196(Bombay) 3. Pooja Ajmani vs. ITO (2019) 106 Taxmann.com 65(Delhi- Tri.) 4. Satish Kishore vs. ITO (2019) 110 taxmann.com 307 (Delhi-Tribunal.) 5. Anip Rastogi vs. ITO in ITANo.3809/Del/2018 (I.T.A.T., Delhi ) 6. CIT vs. Jasvinder Kaur (2013) 37 taxmann.com 286 (Gauhati High Court

RASHI AGRAWAL,CUTTACKI vs. INCOME TAX OFFICER, CUTTACK

In the result, appeal of the assessee allowed

Capital Gain earned from sale of equity shares of M/s Kailash Auto Finance Ltd. and M/s Lifeline Drugs & Pharma Ltd. Therefore, we hold that the assessee has rightly claimed the exemption u/s 10(38) of the Act before the conclusion of assessment proceedings. We, therefore, find no reason to interfere in the finding of ld. CIT(A) and the same

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

112 of the paper book. Thus, there was no short application of funds by the assessee in AY 2005-06. Without prejudice, even otherwise, the excess application of funds in AY 2003-04 and AY 2004- 05 is eligible to be setoff with the shortfall of AY 2005-06 by virtue of the judgment of the Hon'ble Supreme Court

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE-1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

112 of the paper book. Thus, there was no short application of funds by the assessee in AY 2005-06. Without prejudice, even otherwise, the excess application of funds in AY 2003-04 and AY 2004- 05 is eligible to be setoff with the shortfall of AY 2005-06 by virtue of the judgment of the Hon'ble Supreme Court

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE-1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

112 of the paper book. Thus, there was no short application of funds by the assessee in AY 2005-06. Without prejudice, even otherwise, the excess application of funds in AY 2003-04 and AY 2004- 05 is eligible to be setoff with the shortfall of AY 2005-06 by virtue of the judgment of the Hon'ble Supreme Court

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

gains from business. The CIT(A) on perusal of Annual reports & account of the assessee for the financial year 2009-2010, observed that the assessee has shown profit on sale of assets of Rs.1589.25 lakhs under the head “other income” as per Schedule-4 to P&L account and claimed as loss on sale/discarded assets of Rs.33.11 lakhs. Therefore

SHREE BALAJI ENGICONS PVT. LTD,JHARSUGUDA vs. PRINCIPAL CIT, SAMBALPUR

In the result, appeal of the assessee in ITA No

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am आयकर अपीऱ सं./Ita Nos.193/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) M/S Rawats-Balaji(Jv), Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aabar 9061 J Tan No. : Bbnr01647 C & आयकर अपीऱ सं./Ita Nos.194/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) M/S Sbepl-Gril(Jv), Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aafas 2639 R Tan No. : Bbns04348 B & आयकर अपीऱ सं./Ita Nos.195/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) Shree Balaji Engicons Pvt Ltd Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aagcs 4292 P Tan No. : Bbns00091 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. ननधाारिती की ओर से /Assessee By : Shri Satyanarayan Agarwal, Ar िाजस्व की ओर से /Revenue By : Shri M.K.Gautam, Citdr सुनवाई की तािीख / Date Of Hearing : 26/10/2021 घोषणा की तािीख/Date Of Pronouncement : 23/12/2021 आदेश / O R D E R Per Bench: These Three Appeals Have Been Filed By Three Different Assessees Against The Order Passed By The Pr.Cit, Sambalpur, U/S.263 Of The Act, All Dated 30.03.2019 For The Assessment Year 2014-2015. 2

section 80-IA(4) of the Act in respect of the development of eligible infrastructural facilities. 41 ITA Nos.193-195/CTK/2019 19. Ld. AR also pointed out that the assessee was assigned full responsibility to do all acts for execution and completion of work right from the beginning till handing over of the project to the contractee. The contract

M/S- SBEP-GRIL(JOINT VENTURE),JHARSUGUDA vs. PRINCIPAL CIT, SAMBALPUR

In the result, appeal of the assessee in ITA No

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am आयकर अपीऱ सं./Ita Nos.193/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) M/S Rawats-Balaji(Jv), Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aabar 9061 J Tan No. : Bbnr01647 C & आयकर अपीऱ सं./Ita Nos.194/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) M/S Sbepl-Gril(Jv), Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aafas 2639 R Tan No. : Bbns04348 B & आयकर अपीऱ सं./Ita Nos.195/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) Shree Balaji Engicons Pvt Ltd Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aagcs 4292 P Tan No. : Bbns00091 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. ननधाारिती की ओर से /Assessee By : Shri Satyanarayan Agarwal, Ar िाजस्व की ओर से /Revenue By : Shri M.K.Gautam, Citdr सुनवाई की तािीख / Date Of Hearing : 26/10/2021 घोषणा की तािीख/Date Of Pronouncement : 23/12/2021 आदेश / O R D E R Per Bench: These Three Appeals Have Been Filed By Three Different Assessees Against The Order Passed By The Pr.Cit, Sambalpur, U/S.263 Of The Act, All Dated 30.03.2019 For The Assessment Year 2014-2015. 2

section 80-IA(4) of the Act in respect of the development of eligible infrastructural facilities. 41 ITA Nos.193-195/CTK/2019 19. Ld. AR also pointed out that the assessee was assigned full responsibility to do all acts for execution and completion of work right from the beginning till handing over of the project to the contractee. The contract

M/S- RAWAT BALAJI (JOINT VENTURE),JHARSUGUDA vs. PRILNCIPAL, CIT, SAMBALPUR

In the result, appeal of the assessee in ITA No

Bench: Shri C.M. Garg, Jm & Shri Manish Borad, Am आयकर अपीऱ सं./Ita Nos.193/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) M/S Rawats-Balaji(Jv), Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aabar 9061 J Tan No. : Bbnr01647 C & आयकर अपीऱ सं./Ita Nos.194/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) M/S Sbepl-Gril(Jv), Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aafas 2639 R Tan No. : Bbns04348 B & आयकर अपीऱ सं./Ita Nos.195/Ctk/2019 (नििाारण वषा / Assessment Year :2014-2015) Shree Balaji Engicons Pvt Ltd Vs Pr.Cit, Sambalpur At/Po-Belpahar(Rs), Dist : Jharsuguda Pan No. : Aagcs 4292 P Tan No. : Bbns00091 A (अऩीलाथी /Appellant) (प्रत्यथी / Respondent) .. ननधाारिती की ओर से /Assessee By : Shri Satyanarayan Agarwal, Ar िाजस्व की ओर से /Revenue By : Shri M.K.Gautam, Citdr सुनवाई की तािीख / Date Of Hearing : 26/10/2021 घोषणा की तािीख/Date Of Pronouncement : 23/12/2021 आदेश / O R D E R Per Bench: These Three Appeals Have Been Filed By Three Different Assessees Against The Order Passed By The Pr.Cit, Sambalpur, U/S.263 Of The Act, All Dated 30.03.2019 For The Assessment Year 2014-2015. 2

section 80-IA(4) of the Act in respect of the development of eligible infrastructural facilities. 41 ITA Nos.193-195/CTK/2019 19. Ld. AR also pointed out that the assessee was assigned full responsibility to do all acts for execution and completion of work right from the beginning till handing over of the project to the contractee. The contract