KAVERI INFRA PROJECT PVT LTD,WARANGAL vs. DCIT, CENTRAL CIRCLE -1(3), HYDERABAD
In the result, the appeal of assessee in ITA
ITA 510/HYD/2022[2015-16]Status: DisposedITAT Hyderabad16 Mar 2023AY 2015-16
Bench: Shri Rama Kanta Panda & Shri Laliet Kumar
For Appellant: Shri K.C. DevdasFor Respondent: Shri KPRR Murthy
Section 132Section 143(3)Section 153ASection 153CSection 271Section 271(1)(c)
u/s 271(1)(c) of the Act. For the above said purposes, ld.AR had relied upon the decision of Hon’ble Delhi High Court in the case of PCIT
Vs. Neeraj Jindal.
“22. The second question concerns the interpretation and application of Explanation-5 to Section 271(1)(c) and whether it is attracted in the facts of this case