THOTA VENKATESWARA RAO,KAKINADA vs. INCOME TAX OFFICER, WARD-1, KAKINADA
In the result, appeal of the assessee is allowed
ITA 221/VIZ/2023[2017-18]Status: DisposedITAT Visakhapatnam28 Mar 2024AY 2017-18
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./I.T.A.No.221/Viz/2023 (ननधधारण वर्ा / Assessment Year : 2017-18) Thota Venkateswara Rao Vs. Income Tax Officer D.No.67-21-12/4 Ward-1 Lb Nagar Ss Kakinada Kakinada [Pan : Abipt6770F] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
For Appellant: Shri G.V.N.Hari, ARFor Respondent: Dr.Aparna Villuri, DR
Section 147Section 148Section 187(3)Section 69A
section 187(3) and also 197(b) of the Income Declaration Scheme in 2016 (IDS) and concluded that tax has not been paid as per IDS 2016 and the undisclosed income shall be chargeable to tax under the Act in the previous year in which such declaration is made. In response to the notice, the assessee submitted that
