THE DEPUTY COMMISSIONER OF INCOME TAX OFFICER (INTERNATIONAL TAXATION), VISAKHAPATNAM vs. BABU RAJENDRA PRASAD VADLAMUDI, GUNTUR
In the result, appeal of the Revenue is allowed
ITA 154/VIZ/2019[2011-12]Status: DisposedITAT Visakhapatnam23 May 2023AY 2011-12
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. No.154/Viz/2019 ("नधा"रणवष"/ Assessment Year : 2011-12) The Deputy Commissioner Of Vs. Sri Babu Rajendra Prasad Income Tax (International Vadlamudi, Taxation), Visakhapatnam. Guntur. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ"क"ओरसे/ Assessee By : Sri A. Chaitanya, Ar ""याथ"क"ओरसे/ Revenue By : Sri On Hari Prasada Rao, Sr. Ar सुनवाईक"तार"ख/ Date Of Hearing : 30/03/2023 घोषणाक"तार"ख/Date Of : 23/05/2023 Pronouncement O R D E R
For Appellant: Sri A. Chaitanya, ARFor Respondent: Sri ON Hari Prasada Rao
Section 142(1)Section 143(2)Section 143(3)Section 148Section 54F
Disallowance of exemption
2,47,43,894
U/s. 54F
Total 2,49,63,891
Aggrieved by the order of the Ld. AO, the assessee filed an appeal
before the Ld. CIT(A).
3. Before the Ld.
CIT(A), the assessee made written
submissions on 13/12/2018 & 14/12/2018. Considering the
assessee’s written submissions, the Ld. CIT(A) allowed the appeal
