INCOME TAX OFFICER (EXEMPTIONS),, RAJAHMUNDRY vs. AGRICULTURAL MARKET COMMITTE, , PENUGONDA
In the result, appeal filed by the Revenue as well as cross objection filed by the assessee is dismissed
ITA 315/VIZ/2018[2003-2004]Status: DisposedITAT Visakhapatnam27 Mar 2019AY 2003-2004
Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleito (Exemptions), Vs. M/S. Agricultural Market Rajahmundry. Committee, Sidhantam Road Market Yard, Penugonda, West Godavari District Pan No. Aaala 0388 F (Appellant) (Respondent)
For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Smt. Suman Malik – Sr.DR
Section 11Section 12ASection 143(3)
254, consequent to the order of the ITAT, Vizag in ITA no. 105/VIZ/2009, the assessee filed a letter dt.25.01.2014, requesting exemption of its income
C.O.No. 110/VIZ/2018
(M/s. Agricultural Market Committee) u/s. 11. As per the receipts and charges account, audited by the State Audit Department of the Govt. of A.P during the year, assessee’s gross income was Rs. 1