SURESH KUMAR DIVAKAR,SAMBALPUR vs. ACIT, CIRCLE 1(1), , SAMBALPUR

In the result, appeal of the assessee is allowed

house property, Interest income and Income from business of supply of building materials. The assessee is proprietor of two business concerns i.e. (1) Divakar Construction and (2) Manish Industries. Subsequently, the case was selected for scrutiny 'under CASS. Accordingly, scrutiny u/s.143(3) was completed on 29.02.2016 assessed total income of Rs.2,53,16,440/- and a demand of Rs.44

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE-1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

property held under trust wholly for charitable purposes of 10 ITA Nos.208-210/CTK/2024 religious purposes shall not be included in the total income to the extent to which it is applied for such purposes in India and where it is accumulated for such application to the extent whichever is higher. The exemption of accumulated income to the extent

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE-1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

property held under trust wholly for charitable purposes of 10 ITA Nos.208-210/CTK/2024 religious purposes shall not be included in the total income to the extent to which it is applied for such purposes in India and where it is accumulated for such application to the extent whichever is higher. The exemption of accumulated income to the extent

PARADIP PORT AUTHORITY,JAGATSINGHPUR vs. DCIT,CIRCLE1(1), CUTTACK

In the result, all the three appeals of the assessee are allowed

property held under trust wholly for charitable purposes of 10 ITA Nos.208-210/CTK/2024 religious purposes shall not be included in the total income to the extent to which it is applied for such purposes in India and where it is accumulated for such application to the extent whichever is higher. The exemption of accumulated income to the extent

MANORANJAN DASH,BHUBANESWAR vs. ITO WARD 3(1), BHUBANESWAR

housing loan was availed for some other property which contrary to the evidence\non record and based on surmises as the loan was sanctioned for the same property\nin respect of which the additions has been made.\n5. The appellant may add, alter, delete or amend any of the grounds at the time of\nhearing of the matter.\"\n2.1 Right

DCIT CENTRAL CIRCLE-2, BHUBANESWAR vs. M/S. HOTEL SUKHAMAYA PVT. LTD, BHUBANESWAR

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

house property, business and profession and other sources and balance sheet was filed along with supportive financial statement. The Id AR's contention that the assessee was holding the cash for the business operations at Jaipur and there is no malafide intension and the said transaction was disclosed in the income tax return. Further the Id. AR emphasized that

DCIT CENTRAL CIRCLE-2, BHUBANESWAR vs. M/S. HOTEL SUKHAMAYA PVT. LTD, BHUBANESWAR

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

house property, business and profession and other sources and balance sheet was filed along with supportive financial statement. The Id AR's contention that the assessee was holding the cash for the business operations at Jaipur and there is no malafide intension and the said transaction was disclosed in the income tax return. Further the Id. AR emphasized that

TRIJAL ENTERPRISES,BHUBANESWAR vs. ACIT, CIRCLE- 4(1), BHUBANESWAR

Bench: S/Shri George Mathan & Arun Khodpiaassessment Year : 2016-17 Trijal Enterprises, Hall No.6, Vs. Acit, Circle-4(1), Fourth Floor, Bmc Bhawani Bhubaneswar Coom. Complex, Saheed Nagar, Bhubaneswar. Pan/Gir No.Aakft 6687 L (Appellant) .. ( Respondent) Assessee By : Shri P.K.Mishra,Ca P.K.Panda, Ars Revenue By : Shri M.K.Gautam, Cit Dr Date Of Hearing : 15/11/2022 Date Of Pronouncement : 15/11/2022 O R D E R Per Bench This Is An Appeal Filed By The Assessee Against The Order Of The Ld Cit(A)-1, Bhubaneswar Dated 22.6.2020 In Appeal No.0366/2018-19 For The Assessment Year 2016-17. 2. It Was Submitted By Ld Ar That The Assessee Is A Partnership Firm. The Partnership Firm Was Originally Constituted By Partnership Deed Dated 1.11.2015, Wherein, There Were Two Partners Namely; Shri Rajesh Polaki & Sri Malchit Chetan Kumar Patra. The Said Partnership Did Not Do Any Business. The Partnership Was Constituted For The Purpose Of Doing The Business Of Gold Jewellery. The Partnership Was Reconstituted On 1.3.2016, P A G E 1 | 37 Assessment Year : 2016-17

Housing Finance Ltd., and State Bank of India. The date of creation of the charge being in 2018. In the balance sheet of M/s. Tribhuvan Tradecom Pvt Ltd., under assets, the land has been shown at Rs.10,79,20,150/- in the case of M/s. Tribhuvan Tradecom Private Limited for the year ended 31.3.2016. He further drew our attention

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND EDUCATIONAL & CHARITABLE TRUST,BERHAMPUR vs. DCIT, BERHAMPUR CIRCLE, BERHAMPUR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND EDUCATIONAL & CHARITABLE TRUST,BERHAMPUR vs. DCIT, BERHAMPUR CIRCLE, BERHAMPUR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND EDUCATIONAL & CHARITABLE TRUST,BERHAMPUR vs. DCIT, BERHAMPUR CIRCLE, BERHAMPUR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

RONALD EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND INSTITUTE OF PHARMACEUTICAL SCIENCES,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised

ROLAND EDUCATIONAL & CHARITABLE TRUST,GANJAM vs. CHEIF CIT, BHUBANESWAR

Appeals are allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

29 days 4. ITA Nos. 268 & 269/CTK/2019 – 12 days 3. The assessee(s) has filed condonation petitions explaining delay in filing the above appeals stating, inter- alia, therein that due to consultation of sr. lawyer when the CCIT rejected the approval u/s 10(23C) of the Act, who :- 4 -: ITA No. 368/CTK/2019 and others Roland Educational & Charitable Trust, Berahampur advised