NAGA LAKSHMI BUCHEPALLI,CHIMAKURTHY vs. ACIT, CENTRAL CIRCLE-1(2), HYDERABAD
In the result, the appeal of assessee in ITA
ITA 323/HYD/2023[2018-19]Status: DisposedITAT Hyderabad25 Sept 2023AY 2018-19
Bench: Shri R.K. Panda & Shri Laliet Kumar
For Appellant: Shri M.V. Prasad, C.AFor Respondent: Ms. T.H. Vijaya Lakshmi, CIT-DR
Section 132Section 139(1)Section 143(2)Section 153CSection 69
house property, business and other sources. The assessee filed his original return of income u/s.139(1) of the Act on 29.11.2017 declaring total income of Rs.Nil. Subsequently, search and Seizure operation u/s. 132 of Income Tax Act was conducted in the case of M/s.KMR Estates and Builders Private Limited and also on the directors of the company