SRI P ABUBAKAR,HOSPET vs. ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1 , BELLARY
In the result, the appeal of the assessee is dismissed
ITA 2058/BANG/2017[2007-08]Status: DisposedITAT Bangalore11 Nov 2020AY 2007-08
Bench: Shri N.V. Vasudevan & Shri Chandra Poojarishri P. Abubakar, Pwd Contractor & Mine Owner, 5Th Cross, M J Nagar, Dam Road, Hospet – 583 203 ….Appellant Pan Akcpp8967H Vs. Assistant Commissioner Of Income Tax, Circle 1, Bellary. ……Respondent. Assessee By: Smt. Sheetal, Advocate. Revenue By: Shri Kannan Narayanan, Addl. Cit Date Of Hearing : 09.11.2020. Date Of Pronouncement : 11.11.2020. O R D E R Per Shri Chandra Poojari, A.M. : This Appeal Filed By The Assessee Is Directed Against The Order Of The Cit(A), Gulbarga Dated 24/08/2017 & Pertains To The Assessment Year 2007-08. 2. The Assessee Has Raised The Following Common Grounds Of Appeal: “ 1. On The Facts & In The Circumstances Of The Case, The Ld.Cit(Appeals) Erred In Upholding The Impugned Addition Of Rs.45,14,322/- In Respect Of Alleged Prior Period Expenses. 2. The Ld. Cit(Appeals) Ought To Have Accepted The Explanation Offered By The Appellant Vide Letter Dated 29.02.2012 & Further Submissions Made Before Him & Refrained From Upholding The Impugned Addition. 3. Without Prejudice, The Impugned Addition As Upheld By The Learned Cit(Appeals) Is Arbitrary, Excessive & Ought To Be Deleted In Full. 4. For These & Such Other Grounds That May Be Urged At The Time Of Hearing, The Appellant Prays That The Appeal May Be Allowed.”
For Appellant: Smt. Sheetal, AdvocateFor Respondent: Shri Kannan Narayanan, Addl. CIT
Section 143(3)Section 263
…IN THE INCOME TAX APPELLATE TRIBUNAL BANGALORE BENCHES “ A ” BENCH: BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER Shri P. Abubakar, PWD Contractor & Mine Owner, 5th Cross, M J Nagar, Dam Road, Hospet – 583 203 ….Appellant PAN AKCPP8967H Vs. Assistant Commissioner of Income Tax, Circle 1, Bellary. ……Respondent. Assessee By: Smt. Sheetal, Advocate. Revenue By: Shri Kannan Narayanan, Addl. CIT Date of Hearing : 09.11.2020. Date of Pronouncement : 11.11.2020. O R D E R PER SHRI CHANDRA POOJARI, A.M. : This appeal filed by the assessee is directed against the orde…
