T.NAGI REDDY (HUF),,VISAKHAPATNAM vs. THE ACIT, CENTRAL CIRCLE - 2,, VISAKHAPATNAM
In the result, appeal filed by the assessee is dismissed
ITA 109/VIZ/2014[2008-09]Status: DisposedITAT Visakhapatnam12 Sept 2018AY 2008-09
Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Blet. Nagireddy (Huf), Vs. Acit, Central Circle-2, D.No. 17-40-23, Visakhapatnam. Pedagantyada, Visakhapatnam. Pan No. Aaaht 4815 N (Appellant) (Respondent)
For Appellant: Shri G.V.N. Hari – AdvocateFor Respondent: Shri Ch. Sajeev – Sr. DR
Section 143(3)Section 147Section 148Section 2(14)Section 2(14)(iii)Section 54B
54B was found to be apparently incorrect, notice under section 148 was issued and initiated reassessment proceedings under section 147
of the Act. Accordingly