SREE KRISHNA AUTOMOTIVES HYDERABAD PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE -3 (1), HYDERABAD
In the result, the appeal filed by the assessee is allowed
ITA 139/HYD/2022[2019-20]Status: DisposedITAT Hyderabad14 Jul 2022AY 2019-20
Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2019-20 Sree Krishna Automotives Vs. Dy. Cit, Hyderabad (P) Ltd Circle 3(1) Hyderabad Hyderabad Pan:Aakcs5353H (Appellant) (Respondent) Assessee By: Shri K.C. Devdas, Ca Revenue By: Sri K.P.R.R. Murty, Dr Date Of Hearing: 12/07/2022 Date Of Pronouncement: 14/07/2022 Order Per R.K. Panda, A.M This Appeal Filed By The Assessee Is Directed Against The Order Dated 1.10.2021 Of The Learned Cit (A)- Nfac, Relating To A.Y.2019-20. 2. Although A Number Of Grounds Have Been Raised By The Assessee, However, These All Relate To The Order Of The Cit(A)/Nfac In Sustaining The Addition Of Rs.30,53,317/- Made By The Assessing Officer U/S 36 Of The I.T. Act On A/C Of Delayed Payment Of Pf & Esi.
For Appellant: Shri K.C. Devdas, CAFor Respondent: Sri K.P.R.R. Murty, DR
Section 143(1)Section 36Section 36(1)(va)Section 43B
delay in filing of this appeal is condoned and the appeal is admitted for adjudication.
4. Facts of the case, in brief, are that the assessee is a private limited company engaged in the business of automobile dealership business. It filed its return of income declaring total income of Rs.14,99,78,293/-. The return was processed
