ACIT (Exemptions), Bhubaneswar V. M/s. Peoples Forum, Bhubaneswar

ITA 326/CTK/2015

• Counselvise Citation: [2017] 128 COUNSELVISE.COM (IT) 3768 (ITAT-CUTTACK)
• Duration Of Justice: 1 year(s) 11 month(s) 27 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-07-2017
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB
• Assessment Year: 2010-2011
• Appeal Filed On: 08-07-2015
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Department Lawyers: D K PRADHAN
• Assessee Lawyers: S K AGARWAL

Judgement Text

1 IN THE INCOME TAX APPELLATE TRIBUNAL, CUTTACK BENCH, CUTTACK BEFORE S/SHRI N.S SAINI, ACCOUNTANT MEMBER AND PAVAN KUMAR GADALE, JUDICIAL MEMBER ITA NO.326/CTK/2015 ASSESSMENT YEAR : 2010 - 2011 ACIT (EXEMPTION), BHUBANESWAR. VS. M/S. PEOPLE FORUM, PLOT NO.HIG - 44, DHARMA VIHAR, KHANDAGIRI, BHUBANESWAR. (APPELLANT ) .. ( RESPONDENT ) C.O. NO.46/CTK/2015 (ARISING OUT OF ITA NO.326/CTK/2015) ASSESSMENT YEAR : 2010 - 2011 M/S. PEOPLE FORUM, PLOT NO.HIG - 44, DHARMA VIHAR, KHANDAGIRI, BHUBANESWAR VS. ACIT (EXEMPTION), BHUBANESWAR (CROSS OBJECTOR ) .. ( RESPONDENT ) ASSESSEE BY : SHRI S.K.AGARWAL, RE V ENUE BY : SHRI D.K.PRADHAN, DR DATE OF HEARING : 03/07 / 2017 DATE OF PRONOUNCEMENT : 04 /07 / 2017 O R D E R PER N.S.SAINI, AM THIS IS AN APPEAL FILED BY THE REVENUE AND CROSS OBJECTION FILED BY THE ASSESSEE AGA INST THE ORDER OF CIT(A) - 2, BHUBANESWAR , DATED 27.2.2015 , FOR THE ASSESSMENT YEAR 2010 - 2011 . 2. THE APPEAL FILED BY THE REVENUE IS BARRED BY 53 DAYS. THE REVENUE HAS FILED CONDONATION PETITION U/S.253(5) OF THE INCOME TA X ACT, 1961 FOR CONDONING THE DELAY IN FILING THE APPEAL. AFTER GOING THROUGH THE