GONUGUNTLA NIRMALA DEVI,ANNATAPUR vs. ACIT, CIRCLE-1, ANANTAPUR
In the result, appeal filed by the assessee is allowed for statistical purposes
ITA 413/HYD/2022[2016-17]Status: DisposedITAT Hyderabad27 Apr 2023AY 2016-17
Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2016-17 Smt. Gonuguntla Nirmala Vs. Asstt. C. I. T. Devi, Anantapur Circle 1 Pan:Aipbd2345Q Anantapur (Appellant) (Respondent) Assessee By: Shri R. Venkata Ramana, Ca Revenue By: Shri M. Naveen Kumar, Dr Date Of Hearing: 25/04/2023 Date Of Pronouncement: 27/04/2023 Order Per R.K. Panda, A.M This Appeal Filed By The Assessee Is Directed Against The Order Dated 2.08.2022 Of The Learned Cit (A)-Nfac Delhi, Relating To A.Y.2016-17. 2. Facts Of The Case, In Brief, Are That The Assessee Is A Partner In M/S. Nithin Sai Construction. He Is Also A Director In M/S. Nithin Sai Agrotech (P) Ltd . The Assessee Filed Her Return Of Income Declaring Total Income At Rs.23,89,810/- Admitting Income From House Property, Business Income & From Other Sources. The Return Was Processed U/S 143(1) & Subsequently
For Appellant: Shri R. Venkata Ramana, CAFor Respondent: Shri M. Naveen Kumar, DR
Section 143(1)Section 143(2)Section 2(22)(e)Section 80C
section 2(22)(e) of the I.T. Act should not be applied. Since the assessee did not respond to the query raised by the Assessing Officer on this issue, the Assessing
Officer made addition of Rs.49,00,000/- to the total income of the assessee u/s 2(22)(e) of the Act.
4. Similarly, from the details furnished
