ITO, BHUBANESWAR vs. ORISSA COMPUTER APPLICATION CENTRE, BHUBANESWAR
ITA 282/CTK/2015[2000-01]Status: DisposedITAT Cuttack03 Oct 2017AY 2000-01
Bench: S/Shri N.S Saini & Pavan Kumar Gadale
For Appellant: Shri Sandeep Kumar Jena, ARFor Respondent: Shri Kunal Singh, CIT DR/D.K.Pradhan, DR
Section 12ASection 142(1)Section 144Section 148Section 251
depreciation of Rs.
49,31,893=91 aggregating to Rs.69,78,387/-is considered as income of the assessee society to be taxed at maximum marginal rate.”
8. On appeal, the CIT(A) deleted the addition by observing as under:
“ …………..
i) Against these conceptual warps and wefts that make up the contextual fabric, the Appellant during
