NAGESH BABU VALIVETI,VIJAYAWADA vs. INCOME TAX OFFICER (INTERNAL TAXATION), VIJAYAWADA
In the result, appeal of the assessee is allowed
ITA 9/VIZ/2025[2012-13]Status: DisposedITAT Visakhapatnam30 Apr 2025AY 2012-13
Bench: Shri Vijay Pal Rao, Hon’Bles & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.9/Viz/2025 (िनधा"रण वष" / Assessment Year :2012-13) Nagesh Babu Valiveti, Vs. Income Tax Officer, Vijayawada. Ward-International Taxation, Pan: Accpv7063J Vijayawada. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri C. Subrahmanyam, Ca ""याथ" क" ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुनवाई क" तारीख / Date Of Hearing : 23/04/2025 घोषणा क" तारीख/Date Of : 30/04/2025 Pronouncement O R D E R
For Appellant: Sri C. Subrahmanyam, CAFor Respondent: Dr. Aparna Villuri, Sr. AR
Section 195Section 201Section 201(1)Section 250
capital gains for the AY 2012-13 and the copy of the return filed by the NRI are placed at pages 4 to 8 of the paper book filed before the Tribunal. He therefore pleaded that the initiation of proceedings U/s.
201(1) & 201(1A) of the Act is bad in law and not justifiable.
6. Per contra
