JIYYANA VENKATRAYUDU,KAKINADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-1, KAKINADA
In the result, appeal of the assessee is allowed
ITA 138/VIZ/2022[2017-18]Status: DisposedITAT Visakhapatnam10 Aug 2023AY 2017-18
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.138/Viz/2022 ("नधा"रण वष" / Assessment Year: 2017-18) Jiyyana Venkatrayudu, Vs. Asst. Commissioner Of Kakinada. Income Tax, Pan: Axppj 2351 K Circle-1, Kakinada. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri Gvn Hari, Ar ""याथ" क" ओर से / Respondent By : Sri On Hari Prasada Rao, Sr. Ar सुनवाई क" तार"ख / Date Of Hearing : 14/06/2023 घोषणा क" तार"ख/Date Of : 10/08/2023 Pronouncement O R D E R
For Appellant: Sri GVN Hari, ARFor Respondent: Sri ON Hari Prasada Rao
Section 115BSection 144Section 197Section 234ASection 234BSection 234CSection 54FSection 68
section 197(b) of the IDS, 2016 and
concluded that the income declared shall be treated as income of
the assessee in the year of declaration and brought the amount of
Rs.50,59,580/- to tax U/s. 68 r.w.s 115BBE of the Act. However,
the Ld. AO also issued a show cause notice dated 2/12/2019 as
to why the undisclosed
