ACIT, CENTRAL CIRCLE-3(1), HYDERABAD vs. VIRENDER KUMAR GUPTA, HYDERABAD
In the result, the appeal of the assessee in ITA
ITA 508/HYD/2022[2013-14]Status: DisposedITAT Hyderabad17 Oct 2023AY 2013-14
Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumarassessment Year: 2012-13 Sri Jitender Kumar Gupta Vs. A.C.I.T Hyderabad Central Circle 3(1) Hyderabad (Appellant) (Respondent) Pan:Aappg6606B Assessment Year: 2013-14 Sri Virender Kumar Gupta Vs. A.C.I.T Hyderabad Central Circle 3(1) Hyderabad (Appellant) (Respondent) Pan:Aaspg1887D Assessee By: Shri K.C. Devdas, Ca Revenue By: Smt. T.H. Vijaya Lakshmi, Cit(Dr) Date Of Hearing: 25/09/2023 Date Of Pronouncement: 17/10/2023 Order Per Laliet Kumar, J.M These Are The Two Connected Appeals Filed By The Respective Assessees Are Directed Against The Common Order Dated 27.07.2022 Of The Learned Cit (A)-11, Hyderabad Relating To A.Ys. 2012-13 & 2013-14 Respectively. Since Identical Grounds Have Been Taken By The Assessees In Both These Appeals, Therefore, For Page 1 Of 23
For Appellant: Shri K.C. Devdas, CaFor Respondent: Smt. T.H. Vijaya Lakshmi, CIT(DR)
Section 10(38)Section 132Section 143(2)Section 153ASection 271(1)(c)Section 68
penalty proceedings u/s 271(1)(c) for furnishing inaccurate particulars of income.
5. In appeal, the learned CIT (A) upheld the action of the Assessing Officer by observing as under:
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ITA Nos 507 and 508 of 2022 Jitender Kumar Gupta & Virender Kumar Gupta
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ITA Nos 507 and 508 of 2022 Jitender Kumar
