YADLA SRINIVASA RAO,VIJAYAWADA vs. THE INCOME TAX OFFICER, WARD-3(2), , VIJAYAWADA
In the result, appeal of the assessee is dismissed
ITA 78/VIZ/2021[2011-12]Status: DisposedITAT Visakhapatnam17 Mar 2023AY 2011-12
Bench: Shri Duvvuru Rl Reddy, Hon’Bleआयकर अपील सं./I.T.A.No.78/Viz/2021 (ननधधारण वर्ा / Assessment Year : 2011-12) Yadla Srinivasa Rao Vs. Income Tax Officer D.No.20-04-190/7A Ward-3(2) Basavataraka Nagar Vijayawada Ayodhya Nagar Vijayawada [Pan : Abfpy5447F] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
For Appellant: Shri M.Madhusudan, ARFor Respondent: Shri O.N.Hari Prasada Rao, DR
Section 139Section 148Section 2(47)(v)Section 50C
45,910/- under the head “income from long term capital gains” arising from the sale of immovable property.
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Aggrieved, the assessee preferred appeal before the CIT(A) and the Ld.CIT(A), after careful consideration of the facts of the case and the
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I.T.A. No.78/Viz/2021, A.Y.2011-12
Yadla Srinivasa Rao, Vijayawada
written submissions of the assessee, partly allowed the appeal
