KONATHALA NOOKU NAIDU,ANAKAPALLE vs. THE INCOME TAX OFFICER, WARD-1, , ANAKAPALLE

In the result, appeal of the assessee is partly allowed

Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./ I.T.A. No.269/Viz/2023 (निर्धारण वर्ा / Assessment Year : 2017-18) Konathala Nooku Naidu, Vs. The Income Tax Officer, Anakapalle. Ward-1, Pan: Aczpn 4551 C Anakapalle. (अपीलधर्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधर्थी की ओर से/ Appellant By : Sri Gvn Hari, Ar प्रत्यधर्थी की ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुिवधई की तधरीख / Date Of Hearing : 12/03/2024 घोर्णध की तधरीख/Date Of : 18/03/2024 Pronouncement O R D E R Per Duvvuru Rl Reddy:

Capital Gains’ [STCG] and ‘other sources’. Subsequently, the case was selected for Limited Scrutiny under CASS to examine the cash deposits made by the assessee during the demonetization period and the claim of exemption of agricultural income. Subsequently, a notice U/s. 143(2) was issued on 15/08/2018 and duly served on the assessee. Thereafter, notice