GIJU PURAPADATHIL MATHAI,ERNAKULAM vs. ASSISTANT COMMISSIONER OF INCOME TAX CORP WARD 2(1), KOCHI
In the result, the appeal filed by the assessee stands dismissed
ITA 214/COCH/2025[2016-17]Status: DisposedITAT Cochin05 Aug 2025AY 2016-17
Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm Assessment Year: 2016-17 Giju Purapadathil Mathai .......... Appellant 5-B Parambil Thara Corss Road, Ivory Heights Panampilly Nagar, Ernakulam 682036 [Pan: Ahopm6606R] Vs. Acit, Corporate Ward- 2(1), Kochi .......... Respondent Assessee By: Smt. Parvathy Ammal, Ca Revenue By: Smt. Leena Lal, Sr. D.R. Date Of Hearing: 09.06.2025 Date Of Pronouncement: 05.08.2025
For Appellant: Smt. Parvathy Ammal, CAFor Respondent: Smt. Leena Lal, Sr. D.R
Section 139(1)Section 142(1)Section 147Section 148
section 139(1) of the Income Tax Act, 1961 (the Act) for AY 2016-17. However, based on the information available with the department that the appellant sold immovable property for a consideration of Rs.
2
Giju Purapadathil Mathai
86,20,665/-, the National Assessment Unit (hereinafter called "the AO")formed an opinion that income escaped assessment to tax.
Accordingly
