Income Tax Officer, Ward-1, Kurnool Kurnool Seeds Pvt Limited , Kurnool

Last updated: 13 July 2021
Quick Summary
This case involves an appeal by the Income Tax Officer, Ward 1, Kurnool, against M/s. Kurnool Seeds Pvt. Ltd. for the assessment year 2010-11. The appeal challenges the Commissioner of Income Tax (Appeals) order which deemed the reopening of the assessment unsustainable in law. Both the Revenue and the assessee presented their arguments before the Income Tax Appellate Tribunal.

Court :
ITAT Hyderabad

Brief :
 This Revenue’s appeal 1744/Hyd/2018 along with assessee's cross objection 2/Hyd/2021 therein arise from  the CIT(A), Kurnool’s order dt.18.06.2018 in case No.10122/ CIT(A)/KNL/2017-18 involving proceedings u/s. 143(3) of the Income Tax Act, 1961 ('the Act').  Heard both the parties. Case files perused.

Citation :
ITA No.1744/Hyd/2018

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