KORRA BALAJI NAIK,,VISAKHAPATNAM vs. THE ITO,, VISAKHAPATNAM
In the result, appeal filed by the assessee is dismissed
ITA 231/VIZ/2017[2010-2011]Status: DisposedITAT Visakhapatnam31 Jul 2018AY 2010-2011
Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Blekorra Balaji Naik, Vs. Ito, Ward-4(2), D.No. 37-12-54/2, Ngo’S Visakhapatnam. Colony, Muralinagar, Visakhapatnam. Pan No. Bpepk 8663 M (Appellant) (Respondent)
For Appellant: Shri C. Subrahmanyam – FCAFor Respondent: Shri Deba Kumar Sonawal, CIT DR
Section 148Section 263
section 148 of the Income Tax Act, 1961 (hereinafter referred to as 'Act') to the (Korra Balaji Naik)
assessee on 08/11/2013 calling for the return of income based on the information available with the department with regard to sale of property. In response thereto, the assessee filed income tax return by admitting taxable income of Rs.1,95,168
