TIBERWALA ELECTRONICS LIMITED,HYDERABAD vs. DCIT CIRCLE -2(2), HYDERABAD

In the result, appeal of the assessee is dismissed

Bench: Shri R.K. Panda & Shri Laliet Kumar

246A of the Income Tax Act, 1961 against the order dated 143(1) of the Act dt.14.05.2019 passed by the CPC for A.Y. 2017-18. Aggrieved by the said order, the assessee preferred appeal before the CIT(Appeals). Subsequently, the appeal was migrated to National Faceless Appeals Centre, Delhi, vide CBDT Notification No.139/2021 dt.28.12.2021, wherein the NFAC, Delhi after considering