DCIT, BHUBANESWAR vs. ORISSA ORDER SUPPLIERS PVT. LTD., BHUBANESWAR
In the result, appeal of the revenue is dismissed
ITA 304/CTK/2015[2010-11]Status: DisposedITAT Cuttack12 Oct 2017AY 2010-11
Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm आयकर अपील सं./Ita No.304/Ctk/2015 (धनधाारण वषा / Assessment Year :2010-2011) Dcit, Corporate Circle-1(2), Vs. Orissa Order Suppliers Bhubaneswar Private Limited, C-112, Barmunda Housing Board Colony, Bhubaneswar स्थायी लेखा सं./जीआइआर सं./ Pan/Gir No. : Aabco 1458 J (अपीलाथी /Appellant) .. (प्रत्यथी / Respondent) राजस्व की ओर से /Revenue By : Shri D.K.Pradhan, Dr निर्ााररती की ओर से /Assessee By : Shri P.S.Panda/K.Agarwalla, Ar सुनवाई की तारीख / Date Of Hearing : 18/09/2017 घोषणा की तारीख/Date Of Pronouncement 22/09/2017 आदेश / O R D E R Per Shri Pavan Kumar Gadale, Jm: The Revenue Has Filed An Appeal Against The Order Of Cit(A)-1, Cuttack, In Appeal No.0494/2014-15, Dated 10.03.2015, Passed U/S.143(3) Of The Income Tax Act, 1961 For The Assessment Year 2010- 2011, Wherein The Revenue Has Raised The Following Grounds :- 1. On The Facts & In The Circumstances Of The Case, The Ld. Cit(A) Is Not Justified In Law As Well As On Facts In Deleting Addition Of Rs.19,02,085/- Without Appreciating The Fact That The Assessee Had Been Paying Interest On The Huge Amount Of Loan Taken From Bank & Other Parties. 2. On The Facts & In The Circumstances Of The Case, The Ld. Cit(A) Is Not Justified In Law As On Facts In Deleting Addition Of Rs.9,24,450/- Without Appreciating The Fact That The Assessee Had Made Payments In Cash In Violation Of Section 40A(3), The Details Of Which Have Been Given In The Body Of The Assessment Order. 3. On The Facts & In The Circumstances Of The Case, The Ld. Cit(A) Is Not Justified In Law As On Facts By Deleting Addition Of Rs.2,25,136/- Ignoring The Fact That The Expenses Claimed By The Assessee Were Not For Any Business Purposes. 4. On The Facts & In The Circumstances Of The Case, The Ld. Cit(A) Has Erred In Law In Not Accepting The Examination Of Findings Made By The Ao On The Issues.
For Appellant: Shri P.S.Panda/K.Agarwalla, ARFor Respondent: Shri D.K.Pradhan, DR
Section 143(1)Section 143(2)Section 143(3)Section 40A(3)
section 40A(3), the details of which have been given in the body of the assessment order.
3. On the facts and in the circumstances of the case, the Ld.
CIT(A) is not justified in law as on facts by deleting addition of Rs.2,25,136/- ignoring the fact that the expenses claimed by the assessee were
