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Case Law Details

Case Name : Sree Sankeswara Foundations and Investments Vs ACIT (ITAT Chennai)
Related Assessment Year : 2016-2017
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Sree Sankeswara Foundations and Investments Vs ACIT (ITAT Chennai)

The appellant namely M/s. Sree Sankeswara Foundations and Investments is a Partnership firm constituted under the Partnership Act.  It is engaged in the business of real estate. The return of income for the AY 2016-17 was filed. Against the said return of income, the assessment was completed under limited scrutiny assessment guideline and the assessment was completed by the Assistant Commissioner of Income Tax. While doing so, the AO made addition being the

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