AL KABIR POLYTECNIC,JAMSHEDPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, JAMSHEDPUR, JAMSHEDPUR
The appeal of the assessee stands allowed
ITA 59/RAN/2021[2015-16]Status: DisposedITAT Ranchi28 Apr 2023AY 2015-16
Bench: Shri Sanjay Garg & Shri Rajesh Kumari.T.A. No.59/Ran/2021 Assessment Year: 2015-16 Al Kabir Polytechnic..…………..…...…………….................……...…..….. Appellant Kabir Welfare Trust, Kapali Kabir Nagar, Mango, Jamshedpur. [Pan: Aaifa3884A] Vs. Dcit, Circle-1, Jamshedpur...………………..…….……….…………….. Respondent Appearances By: Shri Sharwan Kumar Jha, Adv., Appeared On Behalf Of The Appellant. Shri Pranob Kumar Koley, Sr. Dr, Appeared On Behalf Of The Respondent. Date Of Concluding The Hearing : March 01, 2023 Date Of Pronouncing The Order : April 28, 2023 Order Per Sanjay Garg: The Present Appeal Has Been Preferred By The Assessee Against The Order Dated 26.08.2021 Of The National Faceless Appeal Centre [Hereinafter Referred To As ‘Cit(A)’] Passed U/S 250 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’).
Section 12ASection 143(3)Section 148Section 250Section 251Section 254
245 ITR 84. In the said case, the words of the Circular No.549, para 5.12, dt. 31st October, 1989, providing that the assessed income under section 143(3) shall not be less than the returned income was considered by the Hon’ble High
Court and it was held that as per proviso to section 119 of the Act, the Board
