ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(3), HYDERABAD vs. VISHNU MOHAN REDDY CHINTAPALLY, HYDERABAD
In the result, the appeal of Revenue is dismissed
ITA 8/HYD/2024[2019-20]Status: DisposedITAT Hyderabad30 Apr 2024AY 2019-20
Bench: Shri Laliet Kumar(Through Virtual Mode) & Shri Madhusudan Sawdia, Accounant Member Assessment Year: 2019-20 Assistant Commissioner Of Vs. Sri Vishnu Mohan Reddy Income Tax, Chintapally, Villa No.A96, Central Circle – 2(3), Sy.No.25, Hill Ridge Villas, Hyderabad. Isb Road, Gachibowli, Hyderabad - 500032. Pan : Agbpc0373K. (Appellant) (Respondent) Assessee By: None Revenue By: Shri Shakeer Ahamed, Sr.Ar Date Of Hearing: 24.04.2024 Date Of Pronouncement: 30.04.2024
For Appellant: NoneFor Respondent: Shri Shakeer Ahamed, Sr.AR
Section 115BSection 127Section 132Section 139(1)Section 142(1)Section 143(2)Section 143(3)Section 153CSection 245D(4)Section 271A
4. Whether the CIT(A) is correct in holding that there is no evidence in the seized document that the developers M/S KMR
Estates and Builders Pvt. Ltd. has received any amount from the assessee till the date of search ?
3. The brief facts of the case are that assessee is an individual and derives income from House Property & Income