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)
68 of the Act. While completing the assessment the AO had not charged interest u/s.
234B of the Act and determined the tax liability. Therefore, the AO issued notice u/s. 154 of the Act dated 26.08.2019 proposing to levy interest u/s. 234B of the Act. In response to the notice u/s. 154 the appellant submitted that the disparity between
