IN THE ITAT, VISAKHAPATNAM BENCH

V. DURGA RAO, J.M. & D.S. SUNDER SINGH, A.M.

Kilari Venkata Rosaiah v. Asstt. CIT

I.T.A. No. 608/Viz/2018

5 June, 2020

In favour of Assessee.

Appellant by: G.V.N. Hari, AR

Respondent by: S. Ravi Shankar Narayan, DR

D.S. Sunder Singh, A.M.

This appeal is filed by the assessee against the order of the Commissioner (Appeals) [Commissioner (Appeals)]-1, Guntur in Appeal No.106/2014-15 dated 21-3-2014 for the assessment year (A.Y.) 2011-12.

2. Ground No.1 and 4 are general in nature which does not require specific adjudication.

3. Ground No.2 is the addition made by the assessing officer (assessing officer) stated to be outside the scope of reassessment provisions, since no addition was resulted on the reasons recorded.

4. Brief facts of the case are that, the assessee filed the return of income declaring total income of Rs. 30,37,440 on 6-2-2012. The assessment was completed under section 143(1), subsequently, the assessing officer reopened the assessment in respect of rents received from M/s NRI Academy and M/s Reliance Infra Ltd., totaling to Rs. 19,37,640 and issued the notice under section 148 after duly recording the reasons. In response to notice issued under section 148, the assessee filed a letter stating that the return of income already filed on 6-2-2012 may be treated as return in response to the notice issued under section 148.