ORBIT 9 ELECTRONICS ,HYDERABAD vs. INCOME TAX OFFICER, WARD-6(2) , HYDERABAD
In the result, appeal of the assessee is allowed in part
ITA 16/HYD/2020[2017-18]Status: DisposedITAT Hyderabad07 Jun 2022AY 2017-18
Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charym/S.Orbit 9 Electronics, Vs. The Income Tax Officer, Hyderabad Ward-6(2), [Pan No. Aabfo6265A] Hyderabad
For Appellant: Shri Swapnil Deshmukh, ARFor Respondent: Shri T.Sunil Goutam, DR
Section 143(1)Section 154Section 194JSection 44ASection 44BSection 80H
Section 44ADA of the Act inasmuch as the gross business receipts of the assessee exceed the threshold limit of Rs.50 lakhs.
Nextly, as a matter of fact, on verification of record, Ld. CIT(A) found that this amount of Rs.1,29,07,148/- which was received from the clients/customers and in respect of which, TDS was deducted was in fact
