HARISH KUMAR MURALIDHAR HARWANI ,HYDERABAD vs. INCOME TAX OFFICERS ,WARD-3(1) , HYDERABAD
In the result, the appeal filed by the assessee is dismissed
ITA 69/HYD/2022[2016-17]Status: DisposedITAT Hyderabad28 Apr 2023AY 2016-17
Bench: Shri R.K. Panda & Shri K. Narasimha Charyassessment Year:2016-17 Shri Harish Kumar Vs. Income Tax Officer Muralidhar Harwani, Ward 3(1) Hyderabad Hyderabad Pan:Aayph0485N (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao, Ca Revenue By: Shri Rajendra Kumar, Cit(Dr) Date Of Hearing: 21/03/2023 Date Of Pronouncement: 28/04/2023 Order Per R.K. Panda, A.M This Appeal Filed By The Assessee Is Directed Against The Order Dated 26.03.2021 Of The Learned Pr.Cit -1, Hyderabad, Relating To A.Y.2016-17. 2. Although A Number Of Grounds Have Been Raised By The Assessee, However, These All Relate To The Validity Of The Order Passed U/S 263 Of The I.T. Act By The Pcit-I.
For Appellant: Shri P. Murali Mohan Rao, CAFor Respondent: Shri Rajendra Kumar, CIT(DR)
Section 143(2)Section 143(3)Section 263
house property, Rs.5,97,000/- from salary, Rs.18,96,125/- from business, Rs. Nil from capital gains and Rs.19,90,573/- from other sources. He noted that the case was selected for complete scrutiny under CASS to verify the “low income from TCS receipts-liquor”. However, the Assessing
Officer completed the assessment u/s 143(3) of the Act and accepted
