INCOME TAX OFFICER, WARD-16(4), HYDERABAD vs. QUARK ENTERPRISES PRIVATE LIMITED , HYDERABAD

In the result, the appeal filed by the revenue is allowed for statistical purposes

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarassessment Year: 2016-17 Ito, Ward-16(4) Vs. M/S.Quark Enterprises 1St Floor, ‘B’ Block Private Limited I.T.Towers, A.C.Guards 10Th Floor, Ramky Masab Tank Grandoise Hyderabad Ramky Towers Complex Road No.62, Gachibowli Hyderabad-500 032

delay in filing of this appeal by the Revenue is condoned. 3. Ground of appeal No.1 by the revenue reads as under:- 1. “Whether on the facts & in the circumstances of the case, the ld.CIT(A) was right in deleting the addition made u/s. 56(2)(viib) of the Act without appreciating that the method adopted for determination

TRINITY CLEANTECH PRIVATE LIMITED ,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE-3(1), HYDERABAD

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

condone the delay and admit the appeal for hearing. ITA Nos.470 & 543/Hyd/2021 3. Since the issues in both the appeals are common, therefore, we are dealing both the appeals together for the sake of brevity and convenience. However, we are taking ITA 543/Hyd/2021 for A.Y. 2016-17 as lead case wherein the assessee has raised the following grounds

TRINITY CLEANTECH PRIVATE LIMITED ,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE-3(2), HYDERABAD

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

condone the delay and admit the appeal for hearing. ITA Nos.470 & 543/Hyd/2021 3. Since the issues in both the appeals are common, therefore, we are dealing both the appeals together for the sake of brevity and convenience. However, we are taking ITA 543/Hyd/2021 for A.Y. 2016-17 as lead case wherein the assessee has raised the following grounds