JACOB THOMAS,KOZHENCHERRY vs. ACIT, THIRUVALLA RANGE, THIRUVALLA
In the result, appeal filed by the assessee stands dismissed
ITA 132/COCH/2024[2017-2018]Status: DisposedITAT Cochin14 May 2025AY 2017-2018
Bench: Shri Inturi Rama Rao, Am & Shri Soundararajan K., Jm Assessment Year: 2016-17 Jacob Thomas .......... Appellant 1, Mulamoottil, Kozhencherry 689641 [Pan: Ackpt3269L] Vs. Acit, Ward-1 & Tps, Thiruvalla .......... Respondent Appellant By: Shri Rajakannan, Advocate Respondent By: Shri Sanjit Kumar Das, Cit-Dr Date Of Hearing: 20.03.2025 Date Of Pronouncement: 14.05.2025 O R D E R Per: Inturi Rama Rao, Am This Appeal Filed By The Assessee Is Directed Against The Order Of The National Faceless Appeal Centre, Delhi [Cit(A)], Dated 27.12.2023 For Assessment Year (Ay) 2016-17. 2. Brief Facts Of The Case Are That The Appellant Is An Individual. The Return Of Income For Ay 2016-17 Was Filed On 17.10.2016 Declaring Income Of Rs. 37,97,390/-. Against The Said Return Of Income, The Assessment Was Completed By The Acit, Ward -1, Thriuvalla (Hereinafter Called "The Ao") Vide Order Dated 21.12.2018
For Appellant: Shri Rajakannan, AdvocateFor Respondent: Shri Sanjit Kumar Das, CIT-DR
Section 143(3)Section 154Section 207Section 207(2)Section 234BSection 234ESection 243BSection 37Section 37(1)
section 207 of the Act on the assessed income. The disparity between the returned income and assessed income had arisen on account of the additions made by the AO u/s.
37(1) and 68 of the Act, which are subject matter of appeal before the CIT(A), which is still pending disposal. The levy of interest u/s.
234B
