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

139 of the Income-tax Act, 1961 for the Assessment Year 2013-14 wherein deduction under section 80-IA of the Act was claimed alone with audited final accounts of M/s SBEPL- GRIL (JV) for the year ended 31st March 2O13 Copy of Ld CIT(A)’s order dated 31-05-2O23 passed in the case of M/s SBEPL

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

139 of the Income-tax Act, 1961 for the Assessment Year 2013-14 wherein deduction under section 80-IA of the Act was claimed alone with audited final accounts of M/s SBEPL- GRIL (JV) for the year ended 31st March 2O13 Copy of Ld CIT(A)’s order dated 31-05-2O23 passed in the case of M/s SBEPL

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

139 of the Income-tax Act, 1961 for the Assessment Year 2013-14 wherein deduction under section 80-IA of the Act was claimed alone with audited final accounts of M/s SBEPL- GRIL (JV) for the year ended 31st March 2O13 Copy of Ld CIT(A)’s order dated 31-05-2O23 passed in the case of M/s SBEPL

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

139 of the Income-tax Act, 1961 for the Assessment Year 2013-14 wherein deduction under section 80-IA of the Act was claimed alone with audited final accounts of M/s SBEPL- GRIL (JV) for the year ended 31st March 2O13 Copy of Ld CIT(A)’s order dated 31-05-2O23 passed in the case of M/s SBEPL

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

139 of the Income-tax Act, 1961 for the Assessment Year 2013-14 wherein deduction under section 80-IA of the Act was claimed alone with audited final accounts of M/s SBEPL- GRIL (JV) for the year ended 31st March 2O13 Copy of Ld CIT(A)’s order dated 31-05-2O23 passed in the case of M/s SBEPL

KALINGA MINING CORPORATION,CUTTACK vs. A.C.I.T., CIRCLE-2(1), CUTTACK

In the result, both appeals of the assessee are allowed

139 or in response to a notice issued under sub-section (1) of section 142 or section 148 or to disclose fully and truly all material facts necessary for his assessment, for that assessment year:" 4. That, the revising, reopening or reconsidering the whole assessment u/s.147 by issuance of notice u/s.148 in the pretext that income has escaped assessment

KALINGA MINING CORPORATION,CUTTACK vs. A.C.I.T, CIRCLE-2(1), CUTTACK

In the result, both appeals of the assessee are allowed

139 or in response to a notice issued under sub-section (1) of section 142 or section 148 or to disclose fully and truly all material facts necessary for his assessment, for that assessment year:" 4. That, the revising, reopening or reconsidering the whole assessment u/s.147 by issuance of notice u/s.148 in the pretext that income has escaped assessment

RASHI AGRAWAL,CUTTACKI vs. INCOME TAX OFFICER, CUTTACK

In the result, appeal of the assessee allowed

Section 102 of Indian Evidence Act makes it clear that initial onus is on person who substantially asserts a claim. If the onus is discharged by him and a case is made out, the onus shifts on to deponent. It is pertinent to mention here that the phrase "burden of proof" is used in two distinct meanings

RIDHI BAGARIA,CUTTACK vs. ITO WARD-1(1), CUTTACK

In the result, appeal of the assessee allowed

transferred 1,00,000 shares to his wife Mrs. Mridulla Gupta through an unregistered gift deed. The balance 7,67,500 shares were sold by the assessee during the year under consideration i.e over the period June, 2010 to October, 2010 and the LTCG of Rs. 5,93,15,038/- arising therefrom was claimed by him as exempt