R.K.INFRACORP PRIVATE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(4), HYDERABAD
ITA 363/HYD/2025[2020-2021]Status: DisposedITAT Hyderabad25 Feb 2026AY 2020-2021
For Appellant: Shri M V Prasad, CAFor Respondent: Dr. Narendra Kumar Naik
Section 143(3)Section 37(1)Section 69A
bogus purchases in its books of accounts. The\nAO, based on his aforesaid observations, which though were explicitly\nrecorded only in context of the aforementioned three entries, however\ndrew adverse inferences with respect to 24 entries mentioned in the\nseized document, viz., Annexure A-1/Pages 01-02 and made an addition\nof Rs.20,35,50,000/- by treating