S.B. BHATTACHARJEE MEMORIAL TRUST FOR CHILDREN EDUCATION ,DIGBOI vs. ACIT, CIRCLE-1, DIBRUGARH, DIBRUGARH

In the result, the appeal of the assessee is allowed

Bench: Shri Manomohan Das & Shri Rakesh Mishra

loss of Rs. 1,07,491/- during the year under consideration, the ld. Addl. CIT(A) ought to have hold that in any view of the matter, the ld. A0 was not justified in arbitrarily and whimsically assessing the total income of the appellant at Rs. 87,13,857/- and determining the total tax liability of the appellant

NATIONAL INSTITUTE FOR TEACHER EDUCATION,KHETRI vs. INCOME TAX OFFICER, WARD 1(4), GUWAHATI , GUWAHATI

In the result, the appeal filed by the assessee is allowed