GOWTHAM RESIDENTIAL JUNIOR COLLEGE,VIJAYAWADA vs. ACIT, CENTRAL CIRCLE, VIJAYAWADA

In the result, appeals of the assessee are allowed

Bench: Shri Ravish Sood, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.Nos.25 & 26/Viz/2022 (निर्धारण वर्ा/ Assessment Years: 2017-18 & 2013-14) Gowtham Residential Junior College V. Asst. Cit-Central Circle Vijayawada 1-87, Gudavalli Village Gudavalli, Vijayawada – 521104 Andhra Pradesh [Pan: Aaefg4399L] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

234 ITR 454] has laid down this ratio. Page No. 31 I.T.A.Nos.25 & 26/VIZ/2022 Gowtham Residential Junior College 19. Further in the case of Keyaram Hotels (P.) Ltd., v. DCIT, Company Circle II(4), Chennai [2015] 63 taxmann.com 301 (SC), relied on by the Ld.DR, the Hon’ble Supreme Court while dismissing the SLP held as follows: - “Section 22, read

GOWTHAM RESIDENTIAL JUNIOR COLLEGE,VIJAYAWADA vs. ACIT, CENTRAL CIRCLE, VIJAYAWADA

In the result, appeals of the assessee are allowed