SRI VARAHA LAKSHMI NARASIMHA SWAMY DEVASTANAM,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME (EXEMPTION CIRCLE), VIJAYAWADA
In the result, appeal of the assessee is allowed
ITA 430/VIZ/2024[2020-21]Status: DisposedITAT Visakhapatnam28 Nov 2024AY 2020-21
Bench: Shri K. Narasimha Chary, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.430/Viz/2024 (निर्धारण वर्ा/ Assessment Year: 2020-21) Sri Varaha Lakshmi Narasimha Swamy Devstanam V. Asst. Cit #1, Simhagiri Hills, Simhachalam Road Exemption Circle Simhachalam – 530028, Visakhapatnam Income Tax Office C.R. Building “Annex” Andhra Pradesh M.G. Road Vijayawada – 520002 [Pan: Aaals1522P] Andhra Pradesh (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
Section 10Section 10(23)(v)Section 143(2)Section 143(3)Section 80G
80G of the Act. Assessee filed its return of income admitting a total income 15,08,700/- for the A.Y. 2020-21. Later, the case was selected for complete scrutiny under CASS. Statutory notices under section 143(2) and 142(1) of the Act were issued and served on the assessee. In response, assessee made various submissions. Later, a show
