NIKHIL CONSTRUCTIONS, ,VISAKHAPATNAM vs. THE INCOME TAX OFFICER, WARD-3(2),, VISAKHAPATNAM
In the result, appeal filed by the assessee in ITA No
ITA 132/VIZ/2019[2010-11]Status: DisposedITAT Visakhapatnam23 Jan 2023AY 2010-11
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble
For Appellant: NoneFor Respondent: Shri Sankar Pandi, Sr. AR
Section 143(1)Section 143(2)Section 143(3)Section 147Section 148Section 263Section 28Section 40
b) of the Act to
the extent of Rs.84,973/- as against the assessee’s claim of Rs.
2,29,771/- and made disallowance on the ground that the one of
the partners of the assessee-firm failed to offer the interest on
capital received by him from the firm. Accordingly, the Ld. AO
completed the assessment
