SARASWATI SISHU MANDIR,DHENKANAL vs. ASSESSMENT UNIT, INCOME TAX DEPARTMENTDEPARTMENT, BHUBANESWAR

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

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

disallowed the entire deduction of Rs. 2,21,54,696/- when the assessee is a society running a school and maintains

KANAK BHANJ DEO,BHUBANESWAR vs. ITO, WARD-5(3), BHUBANESWAR

In the result, appeal of the assessee is dismissed

Bench: Shri George Mathan & Shri Manish Agarwalआयकर अऩीऱ सं/Ita No.21/Ctk/2024 (ननधाारण वषा / Assessment Year : 2017-2018) Kanak Bhanj Deo, Vs Ito, Ward-5(3), Bhubaneswar Plot No.2093/3341, Lane-5, Jaydev Vihar, Bhubaneswar, Odisha-751013 Pan No. :Angpb 4721 Q (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. ननधााररती की ओर से /Assessee By : Shri N.R.Biswal, Ca राजस्व की ओर से /Revenue By : Shri S.C.Mohanty, Sr. Dr सुनवाई की तारीख / Date Of Hearing : 10/07/2024 घोषणा की तारीख/Date Of Pronouncement : 10/07/2024 आदेश / O R D E R Per Bench : This Is An Appeal Filed By The Assessee Against The Order Of The Ld. Cit(A), National Faceless Appeal Centre (Nfac), Delhi, Dated 16.11.2023, In Din & Order No.Itba/Nfac/S/250/2023- 24/1058002817(1) For The Assessment Year 2017-2018. 2. Brief Facts Of The Case Are That The Assessee Has Entered Into Joint Development Agreement (Jda) With The Builder On 13.01.2012 & Further Executed A Distribution Agreement On 05.11.2014 According To Which The Land Of The Assessee Was Given To The Developer For Construction Of Multistoried Building & As Per Distribution Agreement, In Consideration The Assessee Is Entitled For 26% Area In The Constructed Building. During The Impugned Year The Assessee Has Got Four Flats Having Total Area Of 4220.23 Sq.Ft. (Including 92.85 Sq.Ft. Additional Area) As The Sale Consideration Being 26% Of The Newly Constructed Building. Out Of The Said

deduction u/s.54F of the Act for all the four flats received by her and the AO has wrongly disallowed deduction

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

disallowing deduction claimed under section 11(2), in the light of the fact that a disallowance pertaining to delay in filing

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

disallowing deduction claimed under section 11(2), in the light of the fact that a disallowance pertaining to delay in filing

M/S. SHREE BAALAJI ENGICONS LIMITED,JHARSUGUDA vs. DEPUTY COMMISSIONER OF INCOME TAX ( CENTRAL CIRCLE-1(1), SAMBALPUR

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

M/S. SHREE BALAJI ENGICONS PVT. LTD.,BELPAHAR, JHARSUGUDA vs. DCIT, CENTRAL CIRCLE-1(1), SAMBALPUR, SAMBALPUR

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

ASST. CIT, CENTRAL CIRCLE, SAMBALPUR, AAYAKAR BHAWAN, SAMBALPUR vs. SHREE BALAJI ENGICON LIMITED, BELPAHAR RS

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

ACIT, CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR vs. M/S. SHREE BALAJI ENGICONS PVT. LTD., JHARSUGUDA

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

ACIT, CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR vs. M/S. SHREE BALAJI ENGICONS PVT. LTD., JHARSUGUDA

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

M/S. SHREE BALAJI ENGICONS PVT. LTD.,BELPAHAR, JHARSUGUDA vs. ACIT, CENTRAL CIRCLE-1(1), SAMBALPUR, SAMBALPUR

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

ACIT, CENTRAL CIRCLE, SAMBALPUR, SAMBALPUR vs. M/S. SHREE BALAJI ENGICONS PVT. LTD., JHARSUGUDA

In the result, appeals of the assesee in IT(SS)A No

Bench: Shri George Mathan & Shri Manish Agarwalit(Ss)A No.77/Ctk/2023

deduction u/s 80-IA of the Act in respect of profit earned from work undertaken by the appellant as a member of the consortium in respect of the projects undertaken by the joint ventures/consortiums 3. That on the facts and in the circumstances of the case and in law, the Ld CIT(A) erred in maintaining the disallowance

SURUCHI JENA,JHARPADA vs. ACIT, CIRCLE 3(1), PRATYAKHA BHAWAN

In the result, appeal of the assessee is allowed

Bench: Shri George Mathan & Shri Manish Agarwalआयकर अऩीऱ सं/Ita No.207/Ctk/2024 (ननधाारण वषा / Assessment Year : 2015-2016) Suruchi Jena, Vs Acit, Circle-3(1), Partyakha Plot No.226-B, Shanti Nagar, Bhawan, Bhubaneswar Jail Road, Laxmi Sagar, Bhubaneswar, Odisha-751006 Pan No. :Aazpj 2025 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. ननधााररती की ओर से /Assessee By : Shri S.K.Sarangi, Ca राजस्व की ओर से /Revenue By : Shri S.C.Mohanty, Sr. Dr सुनवाई की तारीख / Date Of Hearing : 08/07/2024 घोषणा की तारीख/Date Of Pronouncement : 08/07/2024 आदेश / O R D E R Per Bench : This Is An Appeal Filed By The Assessee Against The Order Of The Ld. Cit(A), National Faceless Appeal Centre (Nfac), Delhi, Dated 06.03.2014, In Din & Order No.Itba/Nfac/S/250/2023- 24/1062072084(1) For The Assessment Year 2015-2016. 2. The Solitary Ground Taken By The Assessee Is With Regard To Disallowance Of Deduction Claimed U/S.54F Of The Act At Rs.1,95,76,997/- Towards Investment Made In The Acquisition Of New House Property Out Of The Sale Consideration Received From The Sale Of Capital Assets. 3. Brief Facts Of The Case Are That During The Year Under Consideration The Assessee Has Sold Four Pieces Of Land For A Total Consideration Of Rs.1,97,00,000/- & Claimed Exemption U/S.54F Of The Act For The Investment Made In The Acquisition Of House Property Out Of Such Sale

disallowance of deduction claimed u/s.54F of the Act at Rs.1,95,76,997/- towards investment made in the acquisition of new house

SRIPRAKASH PANY,BHUBANESWAR vs. INCOME TAX OFFICER,WARD-3(1), BHUBANESWAR

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

Bench: S/Shri Duvvuru Rl Reddy(Kz) & Rajesh Kumarassessment Year :2010-11

disallowing the entire deduction of Rs.4,36,931/- u/s 10(13A) whereas as per the provisions of the Act Rs.1

SMT. POONAM PUJARI,ROURKELA vs. PR. CIT, SAMBALPUR

In the result, appeal of the assessee stands allowed

Bench: Shri George Mathanbefore Member & Manish Agarwal Manish Agarwalassessment Year : 2014-15

disallowed u/s.40(a)(ia) of the Act for non-deduction of tax at source u/s.194C of the Act. Against the said

PRAVAKAR SAMANTA,NAHARAPUR vs. ITO, WARD JAJPUR, JAJPUR WARD, JAJPUT

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

Bench: Shri George Mathanआयकर अऩीऱ सं/Ita No.355/Ctk/2023 (ननधाारण वषा / Assessment Year :2017-2018) Pravakar Samanta, Vs Ito, Ward Jajpur At-Naharapur, Jajpur Town-755001 Pan No. :Anaps 7558 J (अऩीऱाथी /Appellant) .. (प्रत्यथी / Respondent) ननधााररती की ओर से /Assessee By : Shri Mohit Sheth, Advocate राजस्व की ओर से /Revenue By : Shri S.C.Mohanty, Sr. Dr सुनवाई की तारीख / Date Of Hearing : 13/03/2024 घोषणा की तारीख/Date Of Pronouncement : 13/03/2024 आदेश / O R D E R This Is An Appeal Filed By The Assessee Against The Order Of The Ld Cit(A), National Faceless Appeal Centre (Nfac), Delhi, Dated 30.11.2023, Passed In Din & Order No.Itba/Nfac/S/250/2023- 24/1058346163(1) For The Assessment Year 2017-2018. 2. Shri Mohit Sheth, Advocate Appeared On Behalf Of The Assessee. Shri S.C.Mohanty, Sr. Dr Appeared On Behalf Of The Revenue. 3. It Was Submitted By The Ld. Ar That There Are Three Additions In Dispute. First, Being An Amount Of Rs.7,85,000/- Representing Sbn Notes Deposited During The Demonetisation Period In The Current Account & Od Account Of The Assessee. Secondly, The Addition Of Rs.8,45,068/- Representing The Time Deposit Of The Assessee Treating The Same As Unexplained Investment Of The Assessee. Thirdly, The Addition Of Rs.1,52,897/- Representing The Deduction Claimed U/S.80C Under Chapter Via On The Payment Made Towards Lic Premium.

disallowing the deduction claimed under Chapter VIA, it was submitted by the ld. AR that the said deduction also includes

WOMEN ORGANISATION FOR SOCIO CULTURAL AWARNESS,KEONJHAR vs. ITO,EXEMPTIONS, CUTTACK

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

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

disallowed deduction of the whole of the amount of Rs. 9,58,96,328 applied in various projects and computed

LORAMITRA RATH,KAIRAPARI KOTSAHI, TANGI vs. DCIT (CIRCLE-1(1), CUTTACK

The appeal is allowed

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwalassessment Year : 2015-16 Loramitra Loramitra Rath, Rath, Kairapari Kairapari Vs. Dcit, Circle Dcit, Circle-1(1), Kotsahi, Tangi, Cuttack Kotsahi, Tangi, Cuttack Cuttack Pan/Gir No. No.Aebpr 6065 H (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri Purnendhu Bhusan Mohanty, Ca Purnendhu Bhusan Mohanty, Ca Revenue By : Shri S.C.Mohanty, Sr S.C.Mohanty, Sr Dr

deduction from his total income, the amount paid under a consent decree as maintenance to his wife and children. The assessing officer however disallowed

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, SAMBALPUR vs. SMT. INDRANI PATNAIK, ROURKELA

In the result, all the four appeals of the Revenue are dismissed

disallowance u/s.37 as\nthey too would be tainted with illegality. Now, on examining the\nassessment record of the assessee for the proceedings u/s. 143(3)\nfor AY.- 2009-10, it is seen that there was no suppression of any\nmaterial facts regarding any deduction