KUNJUMOL,TRIVANDRUM vs. ITO, TRIVANDRUM

In the result, the appeal the appeal filed by the assessee is allowed for statistical purposes

Bench: Shri Inturi Rama Rao, Am & Shri Prakash Chand Yadav, Jm

Section 194IA The assessee had not responded to the notice u/s. 148B of the Act, therefore, based on the information available on record, the AO completed the assessment u/s. 144B of the Act at a total income of Rs. 73,15,000/- While doing so the AO made addition on account of time deposit