SANGHI TEXTILES PRIVATE LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-3(1), HYDERABAD
In the result, appeal of the assessee is allowed for statistical purposes
ITA 759/HYD/2024[2014-15]Status: DisposedITAT Hyderabad24 Apr 2025AY 2014-15
Bench: Shri Vijay Pal Rao & Shri Manjunatha G
For Appellant: CA P Murali Mohan RaoFor Respondent: Shri Srinath Sadanala, Sr. AR
Section 144BSection 147Section 194ASection 194CSection 271BSection 44ASection 69B
disallowed i.e. Rs.94,55,889/- and added to the returned income of the appellant-company.
Thus, the Assessing Officer determined the total income of the appellant-company at Rs.1,40,65,678/- under section 147 r.w.s 144 of the Act.
2.1. The Assessing Officer further noted that the appellant-company has not furnished tax audit report in Form