SAMANTHAPUDI RAJA RAMESH,BAPULAPADU MANDAL vs. THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE, VIJAYAWADA
In the result, appeals of the assessees are allowed
ITA 719/VIZ/2019[2009-10]Status: DisposedITAT Visakhapatnam27 Apr 2021AY 2009-10
Bench: Shri N.K.Choudhry, Hon’Ble & Shri D.S. Sunder Singh, Hon’Bleआयकरअपीऱसं./I.T.A.No.704/Viz/2019 To 706/Viz/2019 (निर्धारणवर्ा/Assessment Year:2009-10 To 2011-12) Smt.Samanthapudi Lavanya Vs. Asst.Commissioner Of D.No.5-1033-1, Vijayawada Road Income Tax Hanuman Junction, Central Circle Bapulapadu Mandal Vijayawada Krishna Dist. [Pan : Cnbps7658N]
270
K.Lakshmii Sirisha
80,260
S.Raja Ramesh
2,02,490
K.Lakshmi Uma
1,49,400
K.Prasad
2,39,992
K.Bhaskara Raju
5,84,880
K.Siva Rama Raju
2,69,050
S.Lavanya
1,09,620
K.Krishna Kumari
1,30,450
4.2
The assessee along with 8 other family members( in short’ land
owners’)have entered into development agreement dated 01.12.2007 with