INCOMETAX OFFICER, WARD-3(3), VISAKHAPATNAM vs. SARIPALLI VIMALA DEVI, VISAKHAPATNAM
In the result, appeal of the Revenue is partly allowed for statistical purposes
ITA 294/VIZ/2023[2015-16]Status: DisposedITAT Visakhapatnam18 Dec 2024AY 2015-16
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.294/Viz/2023 (निर्धारण वर्ा/ Assessment Year : 2015-16) Income Tax Officer - Ward-3(3) Vs. Saripalli Vimala Devi Iind Floor Flat No. 103, Sun N Sea Apartments East Point Colony Infinity Towers Visakhapatnam - 530017 Shankarmatam Road, Santhipuram Visakhapatnam - 530016 Pan: Bddps0883J (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थी की ओरसे/ Assessee By : Sri C. Kameswara Rao, Ar प्रत्यधर्थीकीओरसे/ Revenue By : Dr. Satyasai Rath, Cit-Dr
For Appellant: Sri C. Kameswara Rao, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 143(2)Section 143(3)Section 147Section 148Section 48
2) and 142(1) of the Act were issued to the assessee from time to time. During the assessment proceedings, the Ld. AO noticed that the property was originally purchased by Sri Saripalli Ranga Raju (since deceased) and Smt. Saripalli Vimala Devi admeasuring 910 sq yds for a consideration of Rs. 63,29,225/- and Rs. 52,21,220/- respectively
