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

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

133A of the Act. The Court\nheld that neither the survey report nor any other material indicated\nthat any income chargeable to tax has escaped the assessment in the\nrelevant assessment year. It was submitted by the Revenue that even\nif that was so, the writ jurisdiction of the Court should not be\nexercised to interfere with a notice

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

133A of the Act. The Court\nheld that neither the survey report nor any other material indicated\nthat any income chargeable to tax has escaped the assessment in the\nrelevant assessment year. It was submitted by the Revenue that even\nif that was so, the writ jurisdiction of the Court should not be\nexercised to interfere with a notice

SUNIL KUMAR MAHAPATRA,BARGARH vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE, SAMBALPUR., SAMBALPUR

Appeal of the assessee is allowed

Bench: Before Shri George Mathanmember Assessment Year : 2018-19 Sunil Kumar Mahapatra Sunil Kumar Mahapatra Vs. Acit, Acit, Balasore Balasore Circle, Circle, At; Bandutikra Ward No. 09 Bandutikra Ward No. 09 Sambalpur Po/Ps/Dist: Po/Ps/Dist: Baragarh, 768028 Odisha Pan/Gir No. . Aibpm1422F (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri P.K Mishra, Adv , Adv Revenue By Revenue By : Shri Saroj Kumar Dubey,, Ld Cit : Shri Saroj Kumar Dubey,, Ld Cit Dr Date Of Hearing : 17/12/20 2024 Date Of Pronouncement : 17/12/2 2024 O R D E R Per Bench:

survey u/s 133A of the Act was carried out on the business premises of the assessee on 23.03.2018, based on which, the case of the assesee was taken for compulsory scrutiny. The assessment u/s 143(3) was completed on 30.09.2021 at total income of Rs.5,88,28,630/- as the against the income declared at Rs.53,69,120/-. Against

ASHWIN KUMAR AGARWAL,CUTTACK vs. DCIT ASMNT CIRCLE-2(1)CUTTACK, CUTTACK

In the result, appeal of the assessee is allowed

disallowing the claim of the appellant regarding Long Term Capital Gains by ignoring the evidences and submissions made by the appellant. 2 3. For that under the facts and in the circumstance of the case the amount of Rs.65,55,972/- should not have been treated as unexplained cash credit u/s.68 and should have been accepted as income from Long