Rachakatla Yadagiri , Hyderabad Income Tax Officer, Ward-15(2), Hyderabad

Last updated: 24 February 2021

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This Income Tax Appellate Tribunal (ITAT) order addresses six appeals filed by Rachakatla Yadagiri concerning assessment years 2009-10, 2010-11, 2012-13, 2013-14, 2014-15, and 2015-16. The appeals challenge the Commissioner of Income Tax (Appeals) orders regarding the assessment of alleged suppressed gross receipts. The tribunal considered the assessee's grounds seeking to reverse the lower authorities' actions, which involved assessing suppressed receipts at 100% for earlier years and 50% for later years, with partial relief granted by the CIT(A) in some instances.

Court :
ITAT Hyderabad

Brief :
These six assessee’s appeals for AYs.2009-10, 2010-11, 2012-13, 2013-14, 2014-15 & 2015-16 are directed againstthe CIT(A)–7, Hyderabad’s orders; all dated 05-09-2017 except for AY.2015-16 dt.15-02-2018, passed in appeal Nos.512/2016-17, 513/2016-17, 514/2016-17, 515/2016-17, 516/2016-17 & 012/CIT(A)-7/2017-18 involving proceedings u/s.143(3) r.w.s. 147 of the Income Tax Act, 1961 [in short, ‘the Act’]

Citation :
ITA 671/Hyd/2018

Daily Limit Reached