ANDHRA PRADESH ADVOCATES WELFARE FUND,HYDERABAD vs. INCOME TAX OFFICER, WARD-8(2), HYDERABAD,
In the result, all the three appeals of the assessee are dismissed
ITA 664/HYD/2023[2018-19]Status: DisposedITAT Hyderabad24 Jul 2024AY 2018-19
Bench: SHRI K.NARASIMHA CHARY (Judicial Member), SHRI MADHUSUDAN SAWDIA (Accountant Member)
For Appellant: Shri P.R. Suresh, C.AFor Respondent: Shri Kumar Pranav, CIT(DR) &
Section 23Section 3
State Act, along
Page 14 of 26
with any interest accrued on these amounts, form another significant source of revenue as outlined in Section 3(2)(h) of the State Act.
37. In raising the Welfare Fund and its subsequent expenditure, two distinct classes of contributors emerge: those entitled