ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-2(2), HYDERABAD vs. SUSHEE INFRA & MINING LIMITED, HYDERABAD
In the result, appeal of the assessee in ITA No
ITA 731/HYD/2020[2015-16]Status: DisposedITAT Hyderabad27 Dec 2023AY 2015-16
Bench: Shri Rama Kanta Panda & Shri K. Narasimha Charyआ.अपी.सं निर्धारण वर्ा अपीलधर्थी प्रत्यर्थी / Ita No. / A.Y. / Appellant / Respondent
For Appellant: Shri S. Rama Rao, ARFor Respondent: Ms. TH. Vijaya Lakshmi, CIT-DR
Section 132Section 143(3)Section 153ASection 80
bogus in nature. Learned
Assessing Officer, therefore, confronted the assessee regarding the same.
In absence of any reply from the side of the assessee, learned Assessing
Officer added Rs.1,15,00,000/- to the total income of the assessee.
43. In appeal, the learned CIT (A) confirmed the addition made by the learned Assessing Officer by observing that,-
“Ground No.5
