VIJAPURAPU SUDHA RAO,VISAKHAPATNAM vs. INCOME TAX OFFICER, WARD-3(1), VISAKHAPATNAM
In the result, appeal of the assessee is allowed
ITA 111/VIZ/2023[2017-18]Status: DisposedITAT Visakhapatnam29 Nov 2023AY 2017-18
Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble
For Appellant: Sri GVN Hari, ARFor Respondent: Sri Madhukar Aves, Sr. AR
Section 143(1)Section 269SSection 271DSection 274
price and he accepted the consideration as
paid by the buyer. The Ld. AR further submitted that the
assessee did not take any advance in cash before the
registration and immediately on receipt of the remaining sale
consideration in cash, under unavoidable circumstances, the
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assessee deposited the same in his bank account which
clearly shows the genuineness
