THE DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , VISAKHAPATNAM vs. ANUMOLU TIRUPATI RAYUDU(HUF),, VISAKHAPATNAM
In the result, appeal of the Revenue is dismissed
ITA 100/VIZ/2020[2014-15]Status: DisposedITAT Visakhapatnam21 Dec 2022AY 2014-15
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble
For Respondent: Sri MN Murthy Naik, CIT-DR
Section 132Section 143(3)Section 153A
194A of the
Act and accordingly, the Ld. AO disallowed the expenditure
claimed at Rs. 56,34,856/- and added back to the total income of
the assessee.
7
6. The Ld. AO also made disallowance U/s. 14A of the Act to
the extent of Rs.19,27,456/- having not satisfied with the
assessee’s explanation that though the assessee
