Search: penalty u/s 271

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Section 6888 Addition to Income85 Section 271D82 Section 14863 Section 153A62 Section 14756 Section 271(1)(c)53 Cash Deposit53 Section 153C52

MEENA JEWELLERS EXTENSION PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-16(2),, HYDERABAD

In the result, appeal filed by the assessee in ITA

ITA 329/HYD/2024[2017-18]Status: DisposedITAT Hyderabad10 Jan 2025AY 2017-18

Bench: Shri Vijay Pal Rao & Shri Manjunatha G.आ.अपी.सं /Ita No.328/Hyd/2024 To 330/Hyd/2024 & Ita 385/Hyd/2024 (निर्धारण वर्ा/Assessment Year: 2017-18 & 2018-19) M/S Meena Jewellers Vs. Acit, Circle-5(1) / Extension Private Limited Circle-16(2) Hyderabad Hyderabad [Pan :Aaicm3013G]

For Appellant: Shri P.Murali Mohan RaoFor Respondent: Shri M.Vijay Kumar, CIT-DR

Section 144Section 250Section 68Section 69A

271(SC) and observed that in this line of business, normal profit margin would be in the range of 43.5% in 2013 and 42.6% in 2017. Therefore, the AO has reasonably adopted 10% net profit, based on the material available on record. Therefore, the findings and facts recorded by the Assessing Officer, while estimating net profit on sales turnover cannot

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MEENA JEWELLERS EXTENSION PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-16(2),, HYDERABAD

MEENA JEWELLERS EXTENSION PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-16(2),, HYDERABAD

MEENA JEWELLERS EXTENSION PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-5(1), HYDERABAD

MEENA JEWELLERS EXTENSION PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-5(1), HYDERABAD

MEENA JEWELLERS EXTENSION PRIVATE LIMITED,HYDERABAD vs. ACIT, CIRCLE-16(2) , HYDERABD

MOHHAMAD WAJAHAT ALI KHAN,HYDERABAD vs. ITO, (INT TXNT)-1, HYDERABAD

MOHHAMAD WAJAHAT ALI KHAN,HYDERABAD vs. ITO, (INT TXNT)-1, HYDERABAD

MOHHAMAD WAJAHAT ALI KHAN,HYDERABAD vs. ITO, (INT TXNT)-1, HYDERABAD

CHANDU VIJAYALAKSHMI,HYDERABAD vs. INCOME TAX OFFICER, WARD-11(1), HYDERABAD

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE -3(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS , HYDERABAD

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE -3(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

ACE CONSTRUCTIONS,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

ACE CONSTRUCTIONS ,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

ROYAL ENGINEERING,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS, HYDERABAD

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS, HYDERABAD

ACE CONSTRUCTIONS,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD