ACIT, CIRCLE (EXEMPTION), JODHPUR vs. M/S. VIDYA BHAWAN SOCIETY, UDAIPUR
In the result, the appeal filed by the Revenue is dismissed
ITA 325/JODH/2019[ 2014-15]Status: DisposedITAT Jodhpur24 Mar 2023
Bench: Shri Kul Bharatshri Manish Boradacit, Vs M/S. Vidya Bhawan Circle (Exemption), Society, Mohan Singh, Jodhpur Mehta Marg, Fatehpur, Udaipur (Raj.) (Appellant) (Respondent) Pan No. Assessee By Shri Amit Kothari, Ca Revenue By Shri S.M.Joshi, Jcit Dr Date Of Hearing 23/03/2023 Date Of 24/03/2023 Pronouncement O R D E R Per Kul Bharat, J.M.: The Present Appeal Filed By The Revenue For The Assessment Year 2014-15 Is Directed Against The Order Of Ld. Cit(A)-1, Udaipur Dated 27.06.2019. The Revenue Has Raised Following Grounds Of Appeal:-
Section 11Section 11(5)Section 13(1)(d)Section 143(1)Section 143(3)
164(2), and not entire income of assessee - Whether, on facts, view taken by Tribunal was just and proper and, thus, same did not require any interference -Held, yes [Paras 9 and 12] [In favour of assessee]"
Respectfully following the ratio laid down in the above judgment of higher forum, it is held that the AO was not justified
