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

Last updated: 24 February 2021

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

IN THE INCOME TAX APPELLATE TRIBUNAL
HYDERABAD BENCHES “A” : HYDERABAD
(THROUGH VIDEO CONFERENCE)

BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER
AND
SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER

For Assessee : Shri B.Shanthi Kumar, AR
For Revenue : Shri Sunil Kumar Pandey, DR

Date of Hearing : 19-01-2021
Date of Pronouncement : 03-02-2021

O R D E R

PER BENCH :

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’]

Heard both the parties. Case files perused.

2. It transpires during the course of hearing that the assessee’s identical four substantive grounds raised in theinstant batch of six appeals seeks to reverse both the lower authorities’ action assessing the alleged suppressed gross receipts of Rs.17,05,140/-, Rs.8,74,500/- (in former twoAYs.2009-10 & 2010-11) to the extent of 100% followed bysimilar additions of Rs.1,03,65,275/-, Rs.89,54,524/-, Rs.89,98,282/- and 1,66,10,192/- in latter four assessmentyears to the tune of 50%; in the corresponding assessmentsfollowed by the CIT(A)’s orders granting relief to the extent of 10% (in AYs.2012-13 to 2015-16); respectively.

To know more in details find the attachment file