SHRI SATYENDRA PRASAD,MAYURBHANJ vs. ACIT, ROURKELA CIRCLE, ROURKELA
In the result, appeal of the assessee stands partly allowed for statistical purposes
ITA 541/CTK/2024[2016-17]Status: DisposedITAT Cuttack31 Dec 2024AY 2016-17
Bench: Before Shri George Mathanmember & Manish Agarwal Manish Agarwalassessment Year :2016-17 Shri Shri Satyendra Satyendra Prasad, Prasad, Vs. Asst. Asst. Commissioner Commissioner Of Of Kachery Road, Baripada. Kachery Road, Baripada. Income Income Tax, Tax, Circle, Circle, Rourkela. Pan/Gir No. No.Aelpp6065 K (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri Somnath Sahoo, Adv , Adv Revenue By : Shri S.C.Mohanty, Sr Dr S.C.Mohanty, Sr Dr Date Of Hearing : 31/12/20 2024 Date Of Pronouncement : 31/12/20 024
For Appellant: Shri Somnath Sahoo, AdvFor Respondent: Shri S.C.Mohanty, Sr DR
Section 144BSection 147Section 148
capital gain made by the learned AO and confirmed by the CIT(Appeals), NFAC is erroneous, illegal, arbitrary, bad in law and against the facts and circumstances of the case liable to be annulled.”
4. It was submitted by ld AR that the ld CIT(A), NFAC has dismissed the appeal of the assessee exparte without affording reasonable opportunity
