LOKANADHA RAO BATHINA,VISAKHAPATNAM vs. INCOME-TAX OFFICER, WARD-3(2), VISAKHAPATNAM
In the result, appeal of the assessee is allowed
ITA 283/VIZ/2023[2016-17]Status: DisposedITAT Visakhapatnam29 Jul 2024AY 2016-17
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.283/Viz/2023 (निर्धारण वर्ा/ Assessment Year: 2016-17) Lokanadha Rao Bathina Vs. Income Tax Officer D.No.54-11-33/3/1, Aditya Nagar Ward-3(2) Isukathota-530013 Infinity Towers, Andhra Pradesh Shankaramattam Road [Pan :Apqpb9831H] Visakhapatnam - 530016 (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
For Appellant: Shri I. Kama Sastry, ARFor Respondent: Dr. Aparna Villuri, Sr.AR
Section 133ASection 143(3)Section 148
purchase of land along with three others Bathina Rajyalakshmi, M.Sridevi and M.AdiSankar and the consideration attributable to assessee’s share amounting to Rs.3,07,75,000/-. Further, the assessee has also incurred registration and stamp duty expenses of Rs.23,08,175/-. An amount of Rs.55,74,687/- was paid during the year under review including TDS of Rs.2