ASWARTHANARAYANA VENKATA RENIGUNTLA,DHARMAVARAM vs. ITO, WARD-1, ANANTAPUR
In the result, the appeal of the assessee allowed
ITA 143/HYD/2023[2017-18]Status: DisposedITAT Hyderabad11 Apr 2023AY 2017-18
Bench: Shri Laliet Kumarassessment Year: 2017-18 Shri Aswarthanarayana Venkata Vs. Ito, Ward-1, Anantapur. Reniguntla, Dharmavaram, Andhra Pradesh. Pan : Alrpr5400R (Appellant) (Respondent) Assessee By: Sri M. Chandramouleswara Rao, Ca Revenue By: Sri A. Sitarama Rao. Date Of Hearing: 11.04.2023 Date Of Pronouncement: 11.04.2023
For Appellant: Sri M. ChandramouleswaraFor Respondent: Sri A. Sitarama Rao
Section 142(1)Section 144Section 270ASection 271Section 271BSection 274Section 44A
271F will be initiated separately. The contentions of the ld. AR are that :
1) No satisfaction has been recorded by the Assessing Officer in the assessment order and therefore, penalty order cannot be passed u/s 271B of the Act.
2) Assessee had filed Audit Report during the assessment proceedings and the Assessing Officer had satisfied and hence, there
