ABDULRASHEED ARACHAMVEETTIL,THRISSUR vs. DCIT CIRCLE 1(1)& TPS THRISSUR, THRISSUR
The appeal of the assessee is allowed for statistical purposes
ITA 374/COCH/2025[2018-19]Status: DisposedITAT Cochin10 Jun 2025AY 2018-19
Bench: Shri Inturi Rama Rao & Shri Sonjoy Sarmaassessment Years: 2018-19 Abdul Rasheed Arachamveettil Dcit, Circle-1(1) & Tps V. Thrissur No.2, Rajash Manzil, Chavakkad, Thrissur, Kerala – 680506. Pan : Abnpa4382K. (Appellant) (Respondent) Appellant By : None Respondent By : Smt. Leena Lal, Snr Ar Date Of Hearing : 04.06.2025 Date Of Pronouncement : 10.06.2025 O R D E R Per Sonjoy Sarma: The Present Appeal Has Been Preferred By The Assessee Against An Order Dated 05.05.2025 Of The National Faceless Appeal Centre [Hereinafter Referred To As ‘Cit(A)’] Passed U/S 250 Of The Income Tax Act (Hereinafter Referred To As The ‘Act’).
For Appellant: NoneFor Respondent: Smt. Leena Lal, Snr AR
Section 143(1)Section 143(3)Section 250
House Property of Rs.32,162/- (iii) Income From Business of Rs.(-)7,01,514/-, (iv) Income From Other Sources of Rs.6,69,352/-. The Assessing Officer passed order under section 143(1) of the Act by determining income of Rs.3,30,77,510/- without considering the business loss of Rs.7,01,514 claimed by the assessee. Later on, the case
