BS LIMITED,HYDERABAD vs. ASST.COMISSIONER OF INCOME TAX, CIRCLE-2(3), HYDERABAD
In the result, appeal of the assessee is allowed for statistical purposes
ITA 2186/HYD/2017[2013-14]Status: DisposedITAT Hyderabad27 Apr 2018AY 2013-14
Bench: Shri D. Manmohan & Shri S. Rifaur Rahmanassessment Year: 2013-14
For Appellant: Shri P. Murali Mohan RaoFor Respondent: Shri Deepak P. Ripote
Section 132Section 133(6)Section 142(1)Section 143(2)Section 143(3)Section 153ASection 92B
144C(1) of the Act by issuing the notice of demand u/s. 156 of the Act & penalty notices u/s. 271(1)(c) and 271AAB along with Draft assessment order dated 30.12.2016, which tantamount to passing of Final
Assessment Order.
2. Erred in making adjustment u/s. 92CA(3) of the Act for Rs.
4,79,143/- in respect of transaction