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1 result for “capital gains”+ Section 69Bclear

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NAGARURU SRINIVASA RAO,KURNOOL vs. ACIT., CIRCLE-1, KURNOOL

In the result, appeal of the assessee is allowed in the above terms

ITA 422/HYD/2023[2011-12]Status: DisposedITAT Hyderabad08 Aug 2024AY 2011-12

Bench: Shri K.Narasimha Chary & Shri Madhusudan Sawdiaआ.अपी.सं / Ita No.422/Hyd/2023 (निर्धारण वर्ा / Assessment Year: 2011-12)

For Appellant: B.Satyanarayana Murthy, ARFor Respondent: Ms. Sheetal Sarin, DR
Section 143(1)Section 148Section 69B

capital gains and other sources. For the assessment year 2011- 12, he filed the return of income on 31/3/2012 declaring an income of ₹ 2,78,840/-. It was processed under section 143(1) of the Income Tax Act, 1961 (for short “the Act”). Subsequently notice under section 148 of the Act was issued to the assessee and the assessee filed