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1 result for “disallowance”+ Section 15Aclear

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Key Topics

Section 5(2)(a)2

BOKAM SANYASI NAIDU,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD(INTERNATIONAL TAXATION), VISAKHAPATNAM

In the result, appeal of the assessee is allowed

ITA 36/VIZ/2023[2016-17]Status: DisposedITAT Visakhapatnam31 Oct 2023AY 2016-17

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. No.36/Viz/2023 ("नधा"रण वष" / Assessment Year :2016-17) Bokam Sanyasi Naidu, Vs. The Income Tax Officer, Visakhapatnam. Ward (International Taxation) Pan: Aiwpb 3717 D Visakhapatnam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Assessee By : Sri Gvn Hari, Ar ""याथ" क" ओर से / Revenue By : Dr. Satya Sai Rath, Cit-Dr

For Appellant: Sri GVN Hari, ARFor Respondent: Dr. Satya Sai Rath, CIT-DR
Section 143(1)Section 143(2)Section 144C(5)Section 148Section 5(2)(a)Section 50CSection 54E

disallowed a sum of Rs. 1,14,43,118/- under the head ‘salaries’ U/s. 5(2)(a) of the Act stating that the salary was received by the assessee in India into his NRE account. Aggrieved by the draft assessment order of the Ld. AO, the assessee filed his objections before the Ld. DRP. The Ld. DRP after considering