THE GRAMIN SEVA SAHAKARI SAMITI MARYADIT, RAIPUR (CG) V. THE INCOME TAX OFFICER 1(3), RAIPUR (CG)

ITA 37/BIL/2016

• Counselvise Citation: [2018] 119 COUNSELVISE.COM (IT) 4461 (ITAT-RAIPUR)
• Duration Of Justice: 2 year(s) 7 month(s) 1 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 24-10-2018
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: DB
• Assessment Year: 2011-2012
• Appeal Filed On: 23-03-2016
• Result in Favour of: Assessee
• Court: TRIBUNAL

Judgement Text

ITA NOS.36 TO 42/RPR/2016 7 FROM SHARES PURCHASED BY IT IS A COOPERATIVE SOCIET Y, THE ASSESSING OFFICER, SUBJECT TO HIS SATISFACTION, WILL ALLOW TH E CLAIM AS PER FACT AND LAW. THE GROUND RAISED BY THE ASSESSEE IS ACCORDIN GLY ALLOWED FOR STATISTICAL PURPOSES. 14. FOLLOWING SIMILAR REASONING, THE FOURTH ISSUE R AISED BY THE RESPECTIVE ASSESSEES IN ALL THESE APPEALS ARE RESTORED TO THE FILE OF TH E ASSESSING OFFICER WITH SIMILAR DIRECTIONS. THE FOURTH ISSUE IS ACCORDINGLY ALLOWE D FOR STATISTICAL PURPOSES. 15. IN THE RESULT, THE APPEAL FILED BY THE AS SESSEES ARE ALLOWED FOR STATISTICAL PURPOSES. THE DECISION WAS PRONOUNCED IN THE OPEN COURT ON 2 4.10.2018. SD/- SD/- (SUCHITRA KAMBLE) (R.K . PANDA) JUDICIAL MEMBER ACCOUNTANT MEMFB ER DATED: 24 TH OCTOBER, 2018 DK COPY FORWARDED TO 1. APPELLANT 2. RESPONDENT 3. CIT 4. CIT(A) 5. DR SR. PRIVATE SECRETARY/NEW DELHI. FOR ASSTT. REGISTRAR, ITAT, RAIPUR