MR. VIKRAM DHONDU RAO,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE-4(1)(1), BANGALORE
In the result, appeal of the assessee is partly allowed for statistical purposes
ITA 293/BANG/2023[2020-21]Status: DisposedITAT Bangalore26 Jun 2023AY 2020-21
Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2020-21
For Appellant: Shri Sandeep Chalapathy, A.RFor Respondent: Smt. Priyadarshini Besaganni, D.R
Section 112ASection 143(1)Section 143(1)(a)Section 250
68,440/- against the income of Rs.
2,71,02,910/- declared in the return of income. The difference is Rs.
6,65,530/- which is arising under the head "Profits and gains of business or profession". The reason for the difference is that the assessee has reduced a sum of Rs. 6,57,138/- while arriving at the income
