SIMHADRI NAIDU SAMANTHULA,PALAKONDA vs. INCOME TAX OFFICER - WARD-1, SRIKAKULAM
In the result, appeal filed by the assessee is allowed for statistical purposes as indicated hereinabove
ITA 410/VIZ/2024[2015-16]Status: DisposedITAT Visakhapatnam05 Nov 2024AY 2015-16
Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./ I.T.A. No.410/Viz/2024 (िनधा"रण वष" / Assessment Year : 2015-16) Simhadri Naidu Samanthula, Vs. Income Tax Officer, Palakonda. Ward-1, Pan: Amsps2903C Srikakulam. (अपीलाथ"/ Appellant) (""यथ"/ Respondent) अपीलाथ" क" ओर से/ Appellant By : Sri I. Kama Sastry, Ar ""याथ" क" ओर से / Respondent By : Dr. Aparna Villuri, Sr. Ar सुनवाई क" तारीख / Date Of Hearing : 04/11/2024 घोषणा क" तारीख/Date Of : 05/11/2024 Pronouncement O R D E R
For Appellant: Sri I. Kama Sastry, ARFor Respondent: Dr. Aparna Villuri, Sr. AR
Section 142(1)Section 143(2)Section 147Section 148Section 148ASection 149(1)Section 149(1)(b)Section 271(1)(c)Section 69A
51,160/- [Rs.
23,59,000 plus Rs. 26,66,074 + Interest income of Rs. 1,44,214 +
Rs. 2,81,872] should not be added to the total income of the assessee for the AY 2015-16. In response, the assessee filed his reply on 22/10/2023. On perusal of the assessee’s reply to the show cause notice