VARAHALAMMA PYDI (LATE),VISAKHAPATNAM vs. INCOME-TAX OFFICER, WARD-4(2), VISAKHAPATNAM
In the result, appeal filed by the assessee is allowed
ITA 348/VIZ/2024[2012-13]Status: DisposedITAT Visakhapatnam03 Jan 2025AY 2012-13
Bench: Shri K Narasimha Chary, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकर अपील सं./ I.T.A. 348/Viz/2024 (िनधा"रण वष" / Assessment Year: 2013-14) Varahalamma Pydi Late, Vs. Income Tax Officer, Visakhapatnam. Ward-4(2), Pan: Bjhpp9886J Visakhapatnam. (अपीलाथ"/ Appellant) (""थ"/ Respondent) अपीलाथ" की ओर से/ Assessee By : Sri I. Kama Sastry, Ar ""ाथ" की ओर से / Revenue By : Dr. Satyasai Rath, Cit-Dr
For Appellant: Sri I. Kama Sastry, ARFor Respondent: Dr. Satyasai Rath, CIT-DR
Section 142(1)Section 144Section 148Section 271(1)(c)Section 48Section 50CSection 54F
54F of the act, the Ld. AO proposed to disallow the same.
Accordingly, the Ld. AO completed the assessment proceedings
U/s. 144 r.w.s 147 of the Act and determined the total income at Rs. 6,45,36,541/- and raised a tax demand of Rs.1,98,72,160/-.
While passing the assessment order dated 11/03/2016, the Ld.
AO also initiated
