THE DEPUTY COMMISSIONER OF INCOME TAX, EXEMPTIONS CIRLCLE,, VIJAYAWADA vs. VISAKHAPATNAM URBAN DEVELOPMENT AUTHORITY(VUDA), , VISAKHAPATNAM
In the result, the appeal of the Revenue is dismissed
ITA 248/VIZ/2020[2007-08]Status: DisposedITAT Visakhapatnam16 Aug 2022AY 2007-08
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअऩीऱसं./ I.T.A. No.248/Viz/2020 (ननधधारणवषा/ Assessment Year :2007-08) The Deputy Commissioner Of Vs. M/S. Visakhapatnam Urban Income Tax, Development Authority (Vuda), Exemptions Circle, Visakhapatnam. Vijayawada. Pan: Aaalv 0082 F (अऩीऱधथी/ Appellant) (प्रत्यथी/ Respondent) अऩीऱधथीकीओरसे/ Assessee By : Sri A. Chakradhar, Ca प्रत्यधथीकीओरसे/ Revenue By : Sri Mn Murthy Naik, Cit-Dr
For Appellant: Sri A. Chakradhar, CAFor Respondent: Sri MN Murthy Naik, CIT-DR
Section 11Section 12ASection 143(3)Section 2(15)Section 263
section 2(15) of the Act.
(iii)
Whether in the facts and circumstances fo the case and in law the Ld. CIT(A) is correct and justified in not considering the observation of fact by the Chief
Commissioner of Income Tax and deleted additions and allowed the additional grounds of appeal in spite of proven fact that the assessee