PATNA BAKHTIYARPUR TOLLWAY LIMITED,HYDERABAD vs. ACIT., CIRCLE-16(2), HYDERABAD
In the result, the appeal of the assessee dismissed
ITA 182/HYD/2024[2017-18]Status: DisposedITAT Hyderabad31 Dec 2024AY 2017-18
Bench: Shri Laliet Kumar, Hon’Ble & Shri Madhusudan Sawdia, Hon’Bleassessment Year – 2017-18 Patna Bakhtiyarpur Tollway Vs. Acit Circle-16(2) Limited Hyderabad Hyderabad Pan : Aafcp9577K (Appellant) (Respondent) Assessee By: Shri S.Rama Rao, Ar Revenue By: Ms.K.Haritha, Cit-Dr Date Of Hearing: 05.12.2024 31.12.2024 Date Of Pronouncement:
For Appellant: Shri S.Rama Rao, ARFor Respondent: Ms.K.Haritha, CIT-DR
Section 142(1)Section 143(3)Section 263Section 32
condone the delay and admit the appeal for hearing in the interest of justice.
6. The Ld.AR has submitted that the assesse is into development and construction of a project filed its return of income for A.Y.2017-18
on 31.10.2017, declaring loss of Rs.197,63,34,479/-.
Later a revised return was filed on 21.01.2019, admitting the loss of Rs.197
