PARAKKADATH SIMON VARGHESE,THRISSUR vs. INCOME TAX OFFICE, INTERNATIONAL TAXATION , KOCHI CIRCLE
In the result, the appeal filed by the assessee stands partly allowed for statistical purposes and the stay application stands dismissed
ITA 533/COCH/2025[2017-18]Status: DisposedITAT Cochin20 Aug 2025AY 2017-18
Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary, Jm & Sa No. 72/Coch/2025 Assessment Year: 2017-18 Parakkadath Simon Varghese .......... Appellant Parakkadath House, Koratty South, Thrissur [Pan: Afgpv9060G] Vs. Dcit (International Taxation), Kochi .......... Respondent Assessee By: Shri Gibi C. George, Advocate Revenue By: Ms. Neethu S., Sr. Dr Date Of Hearing: 18.08.2025 Date Of Pronouncement: 20.08.2025
For Appellant: Shri Gibi C. George, AdvocateFor Respondent: Ms. Neethu S., Sr. DR
Section 12A(1)(ac)Section 143(3)Section 282(1)
1,08,48,000/-. The AO also made addition of short term capital gains of Rs. 27,48,000/- on sale of land as the appellant had failed to furnish information called for in support of the return of income submitted by the appellant.
3. Being aggrieved, an appeal was filed before the CIT(A), who vide the impugned order
