M/S VVD CONSTRUCTIONS PRIVATE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-7(1)(2), BANGALORE
In the result, ITA No.3384/Bang/2018 is allowed, while ITA Nos
ITA 3385/BANG/2018[2011-12]Status: DisposedITAT Bangalore22 Mar 2021AY 2011-12
Bench: Shri Chandra Poojari & Smt. Beena Pillai
For Appellant: Shri H. Guruswamy, ITPFor Respondent: Smt. R. Premi, Jt.CIT(DR)(ITAT), Bengaluru
Section 131Section 133ASection 143(3)Section 148Section 36(1)(iii)
131 of the Act without amounting to Rs.1,02,83,852 and appreciating the fact that the Appellant had declared 8% Margin of Profit
Rs.5,64,490
subject to deductions and depreciation which was neither considered by the AO respectively.
nor by the Ld. CIT(A).
Same as above.
3,The Ld. CIT(A) has erred in confirming the addition