SULTAN ENTERPRISES PVT. LTD,,SUNDARPADA, BHUBANESWAR vs. PR. CIT-1, BHUBANESWAR

In the result appeal of the assessee in ITA No

Bench: Before S/Shri George Mathan, Judicial & And Ramit Kocharassessment Year : 2015-16 Sultan Enterprises Pvt Ltd., Sultan Enterprises Pvt Ltd., Vs. Pr. Cit, Bhubaneswar Pr. Cit, Bhubaneswar-1 At:Plot No.161, Azad Nagar, At:Plot No.161, Azad Nagar, Sundarpada, Bhubaneswar. Sundarpada, Bhubaneswar. Pan/Gir No. Pan/Gir No.Aascs 1016 R (Appellant (Appellant) .. ( Respondent Respondent)

147 to 151 had been repealed and replaced by new provisions. The validity of the reassessment proceedings initiated against the assessees u/s 148 by issuing notices u/s 148 between 01.04.2021 to 30.06.2021 came up for consideration before Hon’ble Allahabad High Court , and it was held that the reassessment proceedings initiated with the notice u/s 148(deemed to be notice

JAY KISHORE CHOUBEY,RAIRANGPUR vs. ACIT, CIRCLE-1, ASANSOL

In the result, appeal of the assessee stands allowed

Bench: Before S/Shri George Mathan, Judicial & Girish Agrawalassessment Year : 2010-2011 2011 Jay Jay Kishore Kishore Choubey, Choubey, Vs. Acit, Circle Acit, Circle-1, Asansol. Rairangpur Bazar, Rairangpur, Rairangpur Bazar, Rairangpur, Mayurbhanj. Pan/Gir No. Pan/Gir No.Acmpc 1759 N (Appellant) .. ( Respondent Respondent) Assessee By : Shri P.R.Mohanty P.R.Mohanty, Adv Revenue By : Shri Charan Das, Sr. Das, Sr. Dr Date Of Hearing : 29/11 11/2023 Date Of Pronouncement : 29/11 /11/2023 O R D E R Per Bench

Reassessment proceeding were initiated u/s 147. In reply to Question No. 2, the Honorable Delhi High Court has held that Additions / Assessment cannot be made by the Assessing Officer on other grounds, if the primary ground on which the proceeding u/s 147 were initiated, cease to survive.” 7. In reply, ld Sr DR has filed written note as follows

BIBHUDUTTA PANDA,BHUBANESWAR vs. ASST.CIT, CORPORATE CIRCLE-1(2), BHUBANESWAR

In the result, all appeals of the assessee stand allowed

Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

BIBHUDUTTA PANDA,BHUBANESWAR vs. ASST.CIT, CORPORATE CIRCLE-1(2), BHUBANESWAR

In the result, all appeals of the assessee stand allowed

Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

BIBHUDUTTA PANDA,BHUBANESWAR vs. ASST.CIT ,CORPORATE CIRCLE-1(2), BHUBANESWAR

In the result, all appeals of the assessee stand allowed

Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

BIBHUDUTTA PANDA,BHUBANESWAR vs. ASST.CIT CORPORATE CIRCLE-1(2), BHUBANESWAR

In the result, all appeals of the assessee stand allowed

Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

BIBHUDUTTA PANDA,BHUBANESWAR vs. ASST.CIT, CORPORATE CIRCLE-1(2), BHUBANESWAR

In the result, all appeals of the assessee stand allowed

Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

BIBHUDUTTA PANDA,BHUBANESWAR vs. ASST.CIT, CORPORATE CIRCLE 1(2), BHUBANESWAR

In the result, all appeals of the assessee stand allowed

Bench: Shri George Mathan & Shri Arun Khodpiaआयकर अऩीऱ सं/Ita Nos.76 To 81/Ctk/2022 (ननधाारण वषा / Assessment Years :2007-2008 To 2012-2013) Bibhudutta Panda, Vs Acit, Corporate Circle-1(2), Plot No.73 & 74, Jayadev Vihar, Bhubaneswar Bhubaneswar-751013 Pan No. :Adapp 6398 R (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) ..

reassess' to completed assessment proceedings. vi. Insofar as pending assessments are concerned, the jurisdiction to make the original assessment and the assessment under Section 153A merges into one. Only one assessment shall be made separately for each AY on the basis of the findings of the search and any other material existing or brought on the record

ORISSA MINING CORPORATION LIMITED,BHUBANESWAR vs. DICT, BHUBANESWAR

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

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

u/s 143(2) was issued and such return was explained by the assessee and examined by the Assessing Officer during the original assessment proceedings, which is the purpose of issue of notice u/s.143(2) of the Act. The same return has been treated as the return filed u/s.148 which means the said return was deemed to have been explained

ACIT, BHUBANESWAR vs. M/S. NEELACHAL GRAMYA BANK, BHUBANESWAR

In the result, appeal filed by the revenue and cross objection

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

2), Bhubaneswar (in short "A0'7 "ACIT") has issued notice u/s 148 of the I.T. Act, alleging escapement of income and in compliance thereto the assessee stated that that the Return filed u/s. 139 of the Act be treated as return u/s. 148 of the Act. 10. Subsequent to the aforesaid return u/s. 148 of the Act, the learned ACTT

INCOME TAX OFFICER, WARD-1, JHARSUGUDA, AAYAKAR BHAWAN, JHARSUGUDA vs. HIRAKHAND TRANSPORT AND MULTI PURPOSE CO-OPERATIVE SOCIETY LTD., BRAJARAJ NAGAR

Bench: Shri George Mathan & Shri Manish Agarwalआयकर अऩीऱ सं/Ita No.282/Ctk/2024 (ननधाारण वषा / Assessment Year : 2015-2016) Ito, Ward-1, Jharsuguda Vs Hirakhand Transport & Multi Purpose Cooperative Society Pvt. Ltd., At-Chingriguda, Bijapara, R Kudopali, Brajrajnagar, Jharsuguda-768216 Pan No. :Aaaah 5874 Q & प्रत्याक्षेऩ सं/Cross Objection No.04/Ctk/2024 (Arising Out Of Ita No.282/Ctk/2024) (ननधाारण वषा / Assessment Year : 2015-2016) Hirakhand Transport & Multi Vs Ito, Ward-1, Jharsuguda Purpose Cooperative Society Pvt. Ltd., At-Chingriguda, Bijapara, R Kudopali, Brajrajnagar, Jharsuguda-768216 Pan No. :Aaaah 5874 Q (अऩीऱाथी /Appellant) (प्रत्यथी / Respondent) .. ननधााररती की ओर से /Assessee By : Shri Anil Kumar Agrawala, Ca राजस्व की ओर से /Revenue By : Shri Sanjay Kumar, Cit-Dr सुनवाई की तारीख / Date Of Hearing : 04/09/2024 घोषणा की तारीख/Date Of Pronouncement : 04/09/2024 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 15.05.2024, Passed In Din & Order No.Itba/Nfac/S/250/2024- 25/1064895008(1) For The Assessment Year 2015-2016, On The Following Grounds Of Appeal :-

147 alive which has become infructuous, is bad in law. 10. For that provisions of section 40A(2)(b) are not applicable to cooperative societies per se and hence disallowance invoking section 40A(2) (b) is bad in law. 11. For that there is clear-cut distinction between reporting requirement in Form 3CD by the Tax Auditor and disallowance

OMM DHANA LAXMI JEWELLERS,ANGUL vs. PCIT, INCOME TAX

In the result, appeal of the assessee stands allowed

Bench: Shri George Mathan & Manish Agarwalassessment Year : 2013-14 M/S. Omm Dhanalaxmi Vs. Pr. Cit, Bhubaneswar-1. Jewellers, Bazar Chowk, Main Road, Angul-759122 Pan/Gir No.Aagfd 8791 D (Appellant) .. ( Respondent) Assessee By : Shri P.K.Mishra, Adv Revenue By : Shri Sanjay Kumar, Cit Dr Date Of Hearing : 23/9/2024 Date Of Pronouncement : 23/9/2024 O R D E R Per Bench This Is An Appeal Filed By The Assessee Against The Order Passed By The Ld Pr.Cit, Bhubaneswar-1 U/S.263 Of The Act Dated 30.3.2024 For The Assessment Year 2013-14. 2. The Assessee Has Raised The Following Grounds: “1) That The Ld. Pr Cit Bhubaneswar Has Erred In Law By Utilizing Section 263 For Directing The Assessing Officer To Do Necessary Verification As Per The Order Of Hon'Ble Itat Cuttack Bench Vide Order Dated 01-10-2019 Which Was Already Barred By Limitation. Provisions Of 263 Does Not Allow To Proceed For A Matter Which Was Already Barred By Limitation. Hence, The Order Passed Us 263 Needs To Be Quashed In To.

u/s. 147 of the Act. The Hon’ble Gujarat High Court in the case of Yogeshbhai R Dhanak V. Assistant Commissioner of Income tax (2014) 41 taxmann.com 183 on similar facts has held as under: “Section 147, read with section 158BC of the Income tax Act, 1961- income escaping assessment-Non disclosure of primary facts (Matter relating to b lock

INDIAN METALS AND FERRO ALLOY LTD,BHUBANESWAR vs. ACIT, BHUBANESWAR

In the result, the appeals of the assessee are allowed and the

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

2. Grounds of appeal taken by the assessee in assessment year 2007- 08 are as under: “1. That on facts and circumstances of the case and in law, the Commissioner of Income tax (Appeals) ["CIT(A)"] erred in confirming the action of the assessing officer ('AO") in initiating reassessment proceedings under Section 147 of the Income

ACIT, BHUBANESWAR vs. INDIAN METALS & FERRO ALLOYS LTD, BHUBANESWAR

In the result, the appeals of the assessee are allowed and the

Bench: S/Shri N.S Saini & Pavan Kumar Gadale

2. Grounds of appeal taken by the assessee in assessment year 2007- 08 are as under: “1. That on facts and circumstances of the case and in law, the Commissioner of Income tax (Appeals) ["CIT(A)"] erred in confirming the action of the assessing officer ('AO") in initiating reassessment proceedings under Section 147 of the Income

ACIT, CIRCLE-2(2), BHUBANESWAR, BHUBANESWAR vs. M/S. KALINGA INSTITUTE OF INDUSTRIAL TECHNOLOGY, BHUBANESWAR

In the result, appeals of the assessee i

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm आयकर अपील सं./Ita No.266, 162&217/Ctk/2014 ("नधा"रण वष" / Assessment Year :2006-07&2005-06) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & आयकर अपील सं./Ita No.108&294/Ctk/2014 ("नधा"रण वष" / Assessment Year : 2004-05&2006-07) Acit, Circle-2(2), Vs. Kalinga Institute Of Industrial Bhubaneswar, Odisha Technology (Kiit), Plot No.383, 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & Cross Objection No.27&42/Ctk/2014 ("नधा"रण वष" / Assessment Year :2004-05 & 2006-07) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. "नधा"रती क" ओर से /Assessee By : Shri S.K.Agrawalla, Ar राज"व क" ओर से /Revenue By : Shri Kunal Singh,Citdr सुनवाई क" तार"ख / Date Of Hearing : 29/08/2017 घोषणा क" तार"ख/Date Of Pronouncement 31/08/2017 आदेश / O R D E R Per Shri Pavan Kumar Gadale, Jm: & Co No.42&27/Ctk/2014 These Are The Cross Appeals Filed By The Assessee & The Revenue

section 147 of the Act. h. That, during the pendency of assessment proceedings the Ld. Assessing Officer is not permitted to reopen the case u/s 147 and issue notice u/s 148, therefore the reassessment proceedings are illegal and void ab-initio. 2

ACIT, BHUBANESWAR vs. KALINGA INSTITUTE OF INDUSTRIAL TECHNOLOSY, BHUBANESWAR

In the result, appeals of the assessee i

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm आयकर अपील सं./Ita No.266, 162&217/Ctk/2014 ("नधा"रण वष" / Assessment Year :2006-07&2005-06) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & आयकर अपील सं./Ita No.108&294/Ctk/2014 ("नधा"रण वष" / Assessment Year : 2004-05&2006-07) Acit, Circle-2(2), Vs. Kalinga Institute Of Industrial Bhubaneswar, Odisha Technology (Kiit), Plot No.383, 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & Cross Objection No.27&42/Ctk/2014 ("नधा"रण वष" / Assessment Year :2004-05 & 2006-07) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. "नधा"रती क" ओर से /Assessee By : Shri S.K.Agrawalla, Ar राज"व क" ओर से /Revenue By : Shri Kunal Singh,Citdr सुनवाई क" तार"ख / Date Of Hearing : 29/08/2017 घोषणा क" तार"ख/Date Of Pronouncement 31/08/2017 आदेश / O R D E R Per Shri Pavan Kumar Gadale, Jm: & Co No.42&27/Ctk/2014 These Are The Cross Appeals Filed By The Assessee & The Revenue

section 147 of the Act. h. That, during the pendency of assessment proceedings the Ld. Assessing Officer is not permitted to reopen the case u/s 147 and issue notice u/s 148, therefore the reassessment proceedings are illegal and void ab-initio. 2

ACIT, BHUBANESWAR vs. KALINGA INSTITUTE OF INDUSTRIAL TECHNOLOGY (KIIT), BHUBANESWAR

In the result, appeals of the assessee i

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm आयकर अपील सं./Ita No.266, 162&217/Ctk/2014 ("नधा"रण वष" / Assessment Year :2006-07&2005-06) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & आयकर अपील सं./Ita No.108&294/Ctk/2014 ("नधा"रण वष" / Assessment Year : 2004-05&2006-07) Acit, Circle-2(2), Vs. Kalinga Institute Of Industrial Bhubaneswar, Odisha Technology (Kiit), Plot No.383, 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & Cross Objection No.27&42/Ctk/2014 ("नधा"रण वष" / Assessment Year :2004-05 & 2006-07) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. "नधा"रती क" ओर से /Assessee By : Shri S.K.Agrawalla, Ar राज"व क" ओर से /Revenue By : Shri Kunal Singh,Citdr सुनवाई क" तार"ख / Date Of Hearing : 29/08/2017 घोषणा क" तार"ख/Date Of Pronouncement 31/08/2017 आदेश / O R D E R Per Shri Pavan Kumar Gadale, Jm: & Co No.42&27/Ctk/2014 These Are The Cross Appeals Filed By The Assessee & The Revenue

section 147 of the Act. h. That, during the pendency of assessment proceedings the Ld. Assessing Officer is not permitted to reopen the case u/s 147 and issue notice u/s 148, therefore the reassessment proceedings are illegal and void ab-initio. 2

KALINGA INSTITUTE OF INDUSTRIAL TECHNOLOGY(KIIT),BHUBANESWAR vs. ACIT, CIRCLE2(2), BHUBANESWAR, BHUBANESWAR

In the result, appeals of the assessee i

Bench: Shri N.S.Saini, Am & Shri Pavan Kumar Gadale, Jm आयकर अपील सं./Ita No.266, 162&217/Ctk/2014 ("नधा"रण वष" / Assessment Year :2006-07&2005-06) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & आयकर अपील सं./Ita No.108&294/Ctk/2014 ("नधा"रण वष" / Assessment Year : 2004-05&2006-07) Acit, Circle-2(2), Vs. Kalinga Institute Of Industrial Bhubaneswar, Odisha Technology (Kiit), Plot No.383, 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. & Cross Objection No.27&42/Ctk/2014 ("नधा"रण वष" / Assessment Year :2004-05 & 2006-07) Kalinga Institute Of Industrial Vs. Acit, Circle-2(2), Technology (Kiit), Plot No.383, Bhubaneswar, Odisha 384, Kiit Campus-1, Patia, Bhubaneswar-751024, Odisha "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaatk 3103 C (अपीलाथ" /Appellant) (""यथ" / Respondent) .. "नधा"रती क" ओर से /Assessee By : Shri S.K.Agrawalla, Ar राज"व क" ओर से /Revenue By : Shri Kunal Singh,Citdr सुनवाई क" तार"ख / Date Of Hearing : 29/08/2017 घोषणा क" तार"ख/Date Of Pronouncement 31/08/2017 आदेश / O R D E R Per Shri Pavan Kumar Gadale, Jm: & Co No.42&27/Ctk/2014 These Are The Cross Appeals Filed By The Assessee & The Revenue

section 147 of the Act. h. That, during the pendency of assessment proceedings the Ld. Assessing Officer is not permitted to reopen the case u/s 147 and issue notice u/s 148, therefore the reassessment proceedings are illegal and void ab-initio. 2