In the result, all the captioned appeals filed by the revenue are partly allowed
Bench: Shri George Mathan & Shri Rajesh Kumarita Nos.732, 733 & 734/Ctk/2025 Assessment Years 2006-07, 2005-06 & 2004-05 Acit, Circle-1(1), Rajdhani Systems & Estates Bhubaneswar Pvt. Ltd. Vs Bhubaneswar, Odisha- 751007. (Pan: Aabcr8271L) (Appellant) (Respondent)
section 254(1) of the Act shows that the Tribunal, may after giving both the parties to the appeal an opportunity of being heard, pass such order thereon as they deem fit. Obviously, this cannot be interpreted to say that the Tribunal has got the powers granted by the Constitution under Article 32 or Article 141 of the Constitution