ITO, BHUBANESWAR vs. ABHAYA PRASAD PANDA, BHUBANESWAR

Bench: S/Shri N.S Saini & Pavan Kumar Gadaleassessment Year : 2007-2008

54F of the I.T. Act, 1961, but however, the allowance of exemption to one of the residential unit, are contrary to the provisions of law & as such illegal 85 liable to be set aside. 6. That the assessee was deprived from the benefit of reasonable opportunity of being heard and deprived from the benefit of natural justice. 7. For that

LORAMITRA RATH,KAIRAPARI KOTSAHI, TANGI vs. DCIT (CIRCLE-1(1), CUTTACK

The appeal is allowed

Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwalassessment Year : 2015-16 Loramitra Loramitra Rath, Rath, Kairapari Kairapari Vs. Dcit, Circle Dcit, Circle-1(1), Kotsahi, Tangi, Cuttack Kotsahi, Tangi, Cuttack Cuttack Pan/Gir No. No.Aebpr 6065 H (Appellant (Appellant) .. ( Respondent Respondent) Assessee By : Shri Purnendhu Bhusan Mohanty, Ca Purnendhu Bhusan Mohanty, Ca Revenue By : Shri S.C.Mohanty, Sr S.C.Mohanty, Sr Dr

54F [, 54G and 54HJJJJJ, be chargeable to income-tax under the head "Capital gains", and shall be deemed to be the income of the previous year in which the transfer took place. ----------------------------------------------- ---------------------------- Mode of computation. 48. The income chargeable under the head "Capital gains" shall be computed, by deducting from the full value of the consideration received or accruing

SMT. SANJUKTA PRUSTY,BHUBANESWAR vs. ITO, WARD-3(5), BHUBANESWAR

In the result, appeal of the assessee is allowed

Bench: Shri Chandra Mohan Garg & Laxmi Prasad Sahuassessment Year : 2013-14

54F of the IT.Act'1961. As a token of evidence the hard copies of the said return along with the Acknowledgement are enclosed in the paper book-1 submitted on 08.01.2018 &marked as Annexure-C (page-41 to 50) for your honour's kind perusal. That the above said return filed by Mr.Dalal was duly assessed by the department vide