In the result, appeal of the assessee is allowed
Bench: Shri Veeravalli Durga Rao, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.104/Viz/2025 (निर्धारण वर्ा/ Assessment Year: 2016-17) Nanneboyina Kalyan Chakravarthy V. Income Tax Officer C/O. C.R. Hemanthkumar Ward International Taxation Cr Building, 1St Floor Annex. H.No 9-14-4/7, Flat No. 7 M.G. Road, Vijayawada Sowbhagyaapartments Andhra Pradesh – 520002 Cbm Compound, Vip Road Andhra Pradesh - 530003 [Pan: Cuepk3530P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
section 147 r.w.s 144C(13) of the Act is not correct either in law or on facts and in both. Page No. 3 I.T.A.No.104/VIZ/2025 Nanneboyina Kalyan Chakravarthy 2. In the facts and circumstances of the case, the Ld.DRP-1, Bengaluru is not justified in upholding the notice u/s 148 of the Act dated 31.03.2023 issued after expiry of three