SRI VENKATESWARA COOPERATIVE HOUSE BUILDING SOCIETY LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-14(2), HYDERABAD
In the result, appeal filed by the assessee is dismissed
ITA 471/HYD/2023[2012-13]Status: HeardITAT Hyderabad21 Dec 2023AY 2012-13
Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumarassessment Year: 2012-13 Sri Venkateswara Vs. Income Tax Officer Cooperative House Ward 14(2) Building Society Ltd, Hyderabad Hyderabad Pan:Aaeas7809L (Appellant) (Respondent) Assessee By: N O N E Revenue By: Smt. Sheetal Sarin, Dr Date Of Hearing: 21/12/2023 Date Of Pronouncement: 21/12/2023 Order Per R.K. Panda, Vice-This Appeal Filed By The Assessee Is Directed Against The Ex-Parte Order Dated 3.08.2023 Of The Learned Cit (A)-Nfac Delhi, Relating To A.Y.2012-13. 2. This Appeal Was Fixed For Hearing On 6.11.2023 For Which Notice Was Duly Served On The Assessee Through Rpad & The Acknowledgment Is Placed On Record. However, None Appeared On Behalf Of The Assessee At The Time Of Hearing Nor Any Page 1 Of 6
For Appellant: N O N EFor Respondent: Smt. Sheetal Sarin, DR
Section 147Section 148Section 45Section 50C
TDS during the financial year 2011-12 relevant to A.Y
2012-13. He further noticed that the assessee sold the property at MLA
Colony,
Road
No.12,
Banjara
Hills,
Hyderabad admeasuring 150 Sq. Yards for Rs.7,50,000/-. However, the value adopted by the SRO for charging stamp duty was Rs.60,00,000/-.
According to the Assessing Officer although the assessee
