In the result, appeal of the assessee is partly allowed
Bench: Shri Vijay Pal Rao, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपीलसं./I.T.A.No.365/Viz/2024 (निर्धारण वर्ा/ Assessment Year: 2018-19) Jasti Venkatapathi Rao V. Acit – Circle -2(1) Income Tax Office, 3Rd Floor Flat No. 23 Venkata Ganapathy Residency Standard House 6Th Line, Brodipet Beside Sbi, Nagarampalem Guntur - 522002 Guntur-522004 [Pan:Abupj3793Q] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) करदाता का प्रतततितित्व/ Assessee Represented By : Shri Gvn Hari, Advocate राजस्व का प्रतततितित्व/ Department Represented By : Dr. Aparna Villuri, Sr. Ar
234C of the Act as applicable.” 6. Ground No. 1 is general in nature and needs no adjudication. Page. No 4 I.T.A.No.365/VIZ/2024 Jasti Venkatapathi Rao 7. Ground No. 2 is with respect to sustaining the addition of Rs.2,67,27,507/- under section 68