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2 results for “TDS”+ Section 167B(2)clear

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Mumbai12Ahmedabad3Cuttack3Lucknow2Hyderabad2Pune2Visakhapatnam1SC1Bangalore1

Key Topics

Section 402Deduction2TDS2Rectification u/s 1542

TECHTRANS CONSTRUCTION (I) PVT.LTD. KCPL-JV,HYDERABAD vs. ITO, WARD-6(2), HYDERABAD, HYDERABAD

In the result, both the appeals are treated as allowed for statistical purposes

ITA 1056/HYD/2016[2012-13]Status: DisposedITAT Hyderabad25 Jan 2023AY 2012-13

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

For Appellant: Shri K.C.Devdas, ARFor Respondent: Shri Jeevan Lal Lavidiya, CIT-DR
Section 40

TDS. 11. Learned AR submitted that estimate of income at 8% on gross receipts amounts to enhancement of income and issuance of such direction without proper opportunity to the assessee is illegal and cannot be sustained. He further submitted that the application of maximum Page 4 of 7 ITA Nos. 1056 & 892/Hyd/2016 marginal rate under section 167B(2

ITO, WARD-6(2), HYD, HYDERABAD vs. TECHTRANS CONSTRUCTIONS (I) PVT.LTD., HYD, HYDERABAD

In the result, both the appeals are treated as allowed for statistical purposes

ITA 892/HYD/2016[2012-13]Status: DisposedITAT Hyderabad25 Jan 2023AY 2012-13

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

For Appellant: Shri K.C.Devdas, ARFor Respondent: Shri Jeevan Lal Lavidiya, CIT-DR
Section 40

TDS. 11. Learned AR submitted that estimate of income at 8% on gross receipts amounts to enhancement of income and issuance of such direction without proper opportunity to the assessee is illegal and cannot be sustained. He further submitted that the application of maximum Page 4 of 7 ITA Nos. 1056 & 892/Hyd/2016 marginal rate under section 167B(2