RAKESH KUMAR JAIN,HYDERABAD vs. DCIT CENTRAL CIRCLE-1(4), HYDERABAD
In the result, the appeal of the assessee is allowed
ITA 67/HYD/2024[2020-21]Status: DisposedITAT Hyderabad29 May 2024AY 2020-21
Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia, Accounant Member Assessment Year: 2020-21 Rakesh Kumar Jain, Vs. The Deputy Commissioner Of 1-10-1/ 1, Flat No.301, Income Tax, Ratna Rekha Apartment, Central Circle – 1(4), Hyderabad – 500020, Hyderabad. Telangana. Pan : Alzpj1233A (Appellant) (Respondent) Assessee By: Shri Mohd. Afzal, Advocate. Revenue By: Shri B. Bala Krishna, Cit-Dr Date Of Hearing: 02.05.2024 Date Of Pronouncement: 29.05.2024 O R D E R Per Laliet Kumar, J.M. The Appeal Of The Assessee For A.Y. 2020-21 Arises From Order Of Learned Principal Commissioner Of Income Tax (Central), Hyderabad (“ Ld. Pcit”) Dt.06.11.2023 Passed U/S 263 Of The Income Tax Act, 1961 (In Short, “The Act”). 2. The Grounds Raised By The Assessee Read As Under:
For Appellant: Shri Mohd. Afzal, AdvocateFor Respondent: Shri B. Bala Krishna, CIT-DR
Section 11Section 115BSection 132ASection 143(3)Section 153DSection 263