JAI GURUDEV INFRASTRUCTURE PVT. LTD,BILASPUR vs. PR. CIT, BILASPUR
In the result, the appeal of the assessee is allowed
ITA 65/RPR/2020[2015-16]Status: DisposedITAT Raipur14 Oct 2021AY 2015-16
Bench: Shri Pradip Kumar Kedia & Shri N. K. Choudhryआयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं./I.T.A. No. 65/Rpr/2020 अपील िनधा"रण वष" वष" / Assessment Year : 2015-16) (िनधा"रण िनधा"रण िनधा"रण वष" वष" Jai Gurudev Infrastructure Pvt Ltd, Principal Commissioner Of बनाम/ बनाम बनाम बनाम C-11, Netaji Complex, Jarhabhata, Income-Tax, Vs. Bilaspur, Chhattisgarh Bilaspur "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaccj 1895 R .. (अपीलाथ" /Appellant) (""यथ" / Respondent) Shri Sunil Kumar Agrawal, Ca अपीलाथ" ओर से /Appellant By : Shri P.K. Mishra, Cit-Dr ""यथ" क" ओर से/Respondent By : 29.07.2021 सुनवाई क" तारीख / Date Of Hearing 14.10.2021 घोषणा क" तारीख /Date Of Pronouncement आदेश/O R D E R Per Pradip Kumar Kedia - Am:
For Appellant: Shri P.K. Mishra, CIT-DRFor Respondent: 29.07.2021
Section 142(1)Section 143(2)Section 143(3)Section 263Section 43CSection 44A
houses, flats, farmhouses. However, as per cl.19 of the aforesaid
MOA the assessee was authorized to sell, improve, alter, manage, develop exchange, lease, mortgage," dispose of, etc. of the business lands, property, assets etc in whole or in part in such manner and on such terms as the Directors may think fit. Therefore, the income of the assessee received
