ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-1, VISAKHAPATNAM vs. VIJAYNAGAR INVESTMENT AND INFRA DEVELOPERS PVT LTD, VISAKHAPATNAM
In the result, appeal of the Revenue is dismissed
ITA 201/VIZ/2022[2017-18]Status: DisposedITAT Visakhapatnam29 Mar 2023AY 2017-18
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.201/Viz/2022 ("नधा"रण वष" / Assessment Year :2017-18) Assistant Commissioner Of Vs. M/S. Vijaynagar Investment Income Tax & Infra Developers Private Central Circle-1, Limited, Visakhapatnam. Flat No. 403, 4Th Floor, Vijay Jyothi Arcade, Opp. Nhai Office, Hanumanthawaka, Visakhapatnam-530043. Pan: Aadcv 9521 F (अपीलाथ"/ Appellant) (""यथ"/ Respondent)
For Appellant: Sri GVN Hari, AdvocateFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 127Section 132Section 142(1)Section 153ASection 50C
184/.
Subsequently, a search action U/s. 132 of the Act was conducted
in the case of the assessee at the registered office of the assessee
along with its group concerns of M/s. Vijayanagar Biotech Pvt
Ltd. Consequent to the search action U/s. 132, this case was
centralized with Central Circle-1, Visakhapatnam vide order of
the Pr. CIT-1, Visakhapatnam
