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)
delay is condoned.
3. Facts of the case, in brief, are that the assessee is a statutory body established under the Andhra Pradesh (Agricultural
Produce and Live stocks)
Markets
Act,
1966. The ld.CIT, Rajahmundry granted registration u/s. 12AA to the assessee from 22.07.1997. For the Assessment Year 2003-04, assessee claimed exemption of its income under the provisions