DCIT., CIRCLE-2(1), HYDERABAD vs. TEAM UNIVERSAL INFRATECH PRIVATE LIMITED, HYDERABAD
In the result, ITA.No.970/Hyd
ITA 970/HYD/2024[2022-23]Status: DisposedITAT Hyderabad13 Feb 2025AY 2022-23
For Appellant: Shri Mohd. Afzal, AdvocateFor Respondent: Shri B. Bala Krishna, CIT-DR
Section 142(1)Section 143(2)Section 143(3)Section 201
disallowed interest/donation expenses. For AY 2022-23, the addition was on account of estimated gross profit. The assessee presented differing stands regarding advances received.", "held": "The Tribunal found merit in the Revenue's arguments regarding the assessee's inconsistent stands and lack of substantiation. For AY 2021-22, the matter was remitted to the Assessing Officer for de novo consideration