9911796707
TMI Blog2023 (11) TMI 1307X X X X Extracts X X X X X X X X Extracts X X X X ..... al produce - HELD THAT:- A perusal of the order of the ld. CIT(A) clearly shows that the ld. CIT(A) has considered the facts that the assessee is an agricultural produce market committee constituted under Orissa Agricultural Produce Market Act, 1956 for the purpose of regulating the marketing of agricultural produce and in view of the same, the income of the assessee is eligible for exemption u/s. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... SHRI GIRISH AGRAWAL, ACCOUNTANT MEMBER For the Assessee : Shri Sudam Panigrahi, Accountant of assessee-committee For the Revenue : Shri Abani Kanta Nayak, CIT-DR ORDER PER BENCH: This is an appeal filed by the revenue against the order of the ld. CIT(A), National Faceless Appeal Centre (NFAC), Delhi, dated 28.07.2023, passed in ITBA/NFAC/S/250/2022-23/1054708362(1) for the assessment year 2018-201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has been made as the assessee has not responded to the notice issued by the AO. It was the submission that on appeal, the ld. CIT(A) had deleted the additions by holding that the income of the assessee was exempt u/s. 10(26AAB) of the Act as the assessee is an agricultural produce market committee constituted under Orissa Agricultural Produce Market Act, 1956 for the purpose of regulating the mark ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y, the ld. CIT(A) has taken into consideration the fact that the assessee was facing technical glitches in responding to the notices issued by the AO along with supporting documents to the Jurisdictional AO on 24.11.2023 and this has been recognized in para 14 of the order of the ld. CIT(A). This finding also has not been dislodged by the revenue. As it is noticed that the ld. CIT(A) has considere ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
