M/S. VARANASI DEVELOPMENT AUTHORITY,VARANASI vs. DEPUTY COMMISSIONER OF INCOME TAX (EXEMPTION), VARANASI

In the result appeal filed by assessee in ITA no

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

disallowed accordingly.” (2) From the said date- a. all properties, funds and dues which are vested in, or realizable by, the Authority shall vest in or be realizable by, the State Government; b. all nazul lands placed at the disposal of the Authority shall revert to the State Government; c. all liabilities which are enforceable against the Authority shall

VARANASI DEVELOPMENT AUTHORITY,VARANASEE vs. ASSISTANT COMMISSIONER OF INCOME TAX (EXEMPTION), LUCKNOW

In the result appeal filed by assessee in ITA no

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

disallowed accordingly.” (2) From the said date- a. all properties, funds and dues which are vested in, or realizable by, the Authority shall vest in or be realizable by, the State Government; b. all nazul lands placed at the disposal of the Authority shall revert to the State Government; c. all liabilities which are enforceable against the Authority shall

MOUSAMI CHOUDHURY,VARANASI vs. DY. CIT, RANGE - 2, VARANASI

In the result , the appeal filed the assessee in ITA No

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

24) of section 10; [(g) body or authority or Board or Trust or Commission (by whatever name called) referred to in clause (46) of section 10; (h) infrastructure debt fund referred to in clause (47) of section 10,] shall, if the total income in respect of which such [research association], news agency, association or institution, fund or trust or university

MOUSAMI CHOUDHURY,VARANASI vs. DY. CIT, RANGE - 02,, VARANASI

In the result , the appeal filed the assessee in ITA No

Bench: Shri Vijay Pal Rao & Shri Ramit Kochar

24) of section 10; [(g) body or authority or Board or Trust or Commission (by whatever name called) referred to in clause (46) of section 10; (h) infrastructure debt fund referred to in clause (47) of section 10,] shall, if the total income in respect of which such [research association], news agency, association or institution, fund or trust or university

INCOME TAX OFFICER, WARD - 2 (1),, VARANASI vs. PROMINENT DATAMATICS MARKETING PVT. LTD., , VARANASI

Bench: Shri Kul Bharat & Shri Anadee Nath Misshra

VI herewith for your kind perusal. I.T.A. No.135/VNS/2020 21 C.IO.No.04/VNS/2021 Assessment Year:2017-18 Otherwise also, the figure of Rs.2,73,59,647/- appeared on the credit side of the Balance sheet and provision of section 69A, which reads as under:- “69A. Where in any financial year the assessee is found to be the owner of any money, bullion

DY. C. I. T., CIRCLE - 1, GORAKHPUR vs. BARODA UTTAR PRADESH GRAMIN BANK NOW AMALGAMATED WITH BARODA U.P. BANK, GORAKHPUR

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessee are allowed

Bench: Shri. B. R. Baskaran & Shri Amit Shukla

vi) The assessee bank is functioning at par with the commercial banks.” 5. The ld. CIT(A), after referring to the aforesaid decision of the Tribunal as well as the judgment of the Hon'ble Allahabad High Court, dated 15.3.2022, has deleted the disallowance made by the Assessing Officer under section 80P of the Act. 6. We find that

DY. C. I. T., CIRCLE - 1, GORAKHPUR vs. BARODA UTTAR PRADESH GRAMIN BANK NOW AMALGAMATED WITH BARODA U.P. BANK, GORAKHPUR

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessee are allowed

Bench: Shri. B. R. Baskaran & Shri Amit Shukla

vi) The assessee bank is functioning at par with the commercial banks.” 5. The ld. CIT(A), after referring to the aforesaid decision of the Tribunal as well as the judgment of the Hon'ble Allahabad High Court, dated 15.3.2022, has deleted the disallowance made by the Assessing Officer under section 80P of the Act. 6. We find that

DY. C. I. T., CIRCLE - 1, GORAKHPUR vs. BARODA UTTAR PRADESH GRAMIN BANK NOW AMALGAMATED WITH BARODA U.P. BANK, GORAKHPUR

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessee are allowed

Bench: Shri. B. R. Baskaran & Shri Amit Shukla

vi) The assessee bank is functioning at par with the commercial banks.” 5. The ld. CIT(A), after referring to the aforesaid decision of the Tribunal as well as the judgment of the Hon'ble Allahabad High Court, dated 15.3.2022, has deleted the disallowance made by the Assessing Officer under section 80P of the Act. 6. We find that

DY. C. I. T., CIRCLE - 1, GORAKHPUR vs. BARODA UTTAR PRADESH GRAMIN BANK NOW AMALGAMATED WITH BARODA U.P. BANK, GORAKHPUR

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessee are allowed

Bench: Shri. B. R. Baskaran & Shri Amit Shukla

vi) The assessee bank is functioning at par with the commercial banks.” 5. The ld. CIT(A), after referring to the aforesaid decision of the Tribunal as well as the judgment of the Hon'ble Allahabad High Court, dated 15.3.2022, has deleted the disallowance made by the Assessing Officer under section 80P of the Act. 6. We find that

DY. C. I. T., CIRCLE - 1, GORAKHPUR vs. BARODA UTTAR PRADESH GRAMIN BANK NOW AMALGAMATED WITH BARODA U. P.. BANK, GORAKHPUR

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessee are allowed

Bench: Shri. B. R. Baskaran & Shri Amit Shukla

vi) The assessee bank is functioning at par with the commercial banks.” 5. The ld. CIT(A), after referring to the aforesaid decision of the Tribunal as well as the judgment of the Hon'ble Allahabad High Court, dated 15.3.2022, has deleted the disallowance made by the Assessing Officer under section 80P of the Act. 6. We find that

DY. C. I. T., CIRCLE - 1, GORAKHPUR vs. BARODA UTTAR PRADESH GRAMIN BANK NOW AMALGAMATED WITH BARODA U.P. BANK, GORAKHPUR

In the result, the appeals of the Revenue are dismissed and the Cross Objections of the assessee are allowed

Bench: Shri. B. R. Baskaran & Shri Amit Shukla

vi) The assessee bank is functioning at par with the commercial banks.” 5. The ld. CIT(A), after referring to the aforesaid decision of the Tribunal as well as the judgment of the Hon'ble Allahabad High Court, dated 15.3.2022, has deleted the disallowance made by the Assessing Officer under section 80P of the Act. 6. We find that

CAREERNET TECHNOLOGIES (P) LTD.,,GORAKHPUR vs. ACIT, RANGE - 2, GORAKHPUR

In the result, the appeal filed by the assessee in ITA no

Bench: Shri.Vijay Pal Rao & Shri Ramit Kocharassessment Year:2014-15 Careernet Technologies The Assistant Commissioner Of Private Limited V. Income Tax, 200, Charanlalchowk Range-2 Durga Bari Road, Gorakhpur, U.P. Gorakhpur-273001, U.P. Pan: Aabcc7128H (Appellant) (Respondent)

Section 143(3)of the 1961 Act, which culminated into an assessment order dated 28.12.2016 passed by the AO u/s 143(3)(ii) of the 1961 Act, wherein income of the assessee was assessed at Rs.2,39,32,320/- . The solitary issue in this appeal is with respect to disallowance

THE MAHABIR JUTE MILLS LTD.,GORAKHPUR vs. ASST. DIRECTOR OF INCOME TAX, CPC, BENGALURU

In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed

Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)

24 persons. The assessee also submitted that the books of accounts have been audited u/s 44AB of the Act. In the Tax auditor, there is a specific column to report the instances of violation of provisions of sec.40A(3) of the Act. It was submitted that the tax auditor has verified the books and accordingly did not report

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2 , GORAKHPUR vs. THE MAHABIR JUTE MILLS LIMITED, GORAKHPUR

In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed

Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)

24 persons. The assessee also submitted that the books of accounts have been audited u/s 44AB of the Act. In the Tax auditor, there is a specific column to report the instances of violation of provisions of sec.40A(3) of the Act. It was submitted that the tax auditor has verified the books and accordingly did not report

DCIT,, GORAKHPUR vs. M/S MAHABIR JITE MILLS, LTD., GORAKHPUR

In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed

Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)

24 persons. The assessee also submitted that the books of accounts have been audited u/s 44AB of the Act. In the Tax auditor, there is a specific column to report the instances of violation of provisions of sec.40A(3) of the Act. It was submitted that the tax auditor has verified the books and accordingly did not report

THE MAHABIR JUTE MILLS LIMITED,GORAKHPUR vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-2 , GORAKHPUR

In the result, (i) the appeal of the assessee for AY 2009-10 is partly allowed and for AY 2020-21 is treated as allowed

Bench: Shri B.R. Baskaran (Am) & Shri Amit Shukla (Jm)

24 persons. The assessee also submitted that the books of accounts have been audited u/s 44AB of the Act. In the Tax auditor, there is a specific column to report the instances of violation of provisions of sec.40A(3) of the Act. It was submitted that the tax auditor has verified the books and accordingly did not report