VISHNU PRIYA FOODS ,NIZAMABAD vs. INCOME TAX OFFICER, WARD-2, NIZAMABAD
In the result the order of Pr
ITA 446/HYD/2019[2015-16]Status: DisposedITAT Hyderabad04 Sept 2020AY 2015-16
Bench: Smt. P. Madhavi Devi & Shri D.S. Sunder Singhassessment Year: 2015-16 M/S Vishnu Priya Foods Ito, Ward-2 C/O P Murali & Co., C.As Vs. Nizamabad 6-3-655/2/3, Somajiguda Hyderabad 500 082 Pan: Aakfv6377M (Appellant) (Respondent) Sh. P. Muralimohan Rao Asessee By: Revenue By: Smt. Anjala Sahu, D.R. Date Of Hearing: 01/09/2020 Date Of Pronouncement: 04/09/2020 Order Per Smt. P. Madhavi Devi, J.M. This Is Assessee’S Appeal Filed By The Assessee For The A.Y. 2015-15 Against The Order Of The Pr.Cit-5 Hyderabad Dated 19.03.2019 Passed U/S 263 Of The I.T. Act, 1961. 2. Brief Facts Of The Case Are That The Assessee, A Firm, Filed Its Return Of Income For The A.Y. 2015-16 On 17.10.2015 Admitting Total Income Of Rs.1,81,287/-. During The Assessment Proceedings U/S 143(3) Of The Act, The Ao On Verification Of Audit Report Found That The Asesssee Has Claimed Vat Payment Of
For Respondent: Smt. Anjala Sahu, D.R
Section 133(6)Section 143(3)Section 263Section 271Section 271(1)(C)Section 271(1)(c)
48,689/- and CST payment of Rs.1,03,609/-. In order to verify the correctness of the claim, AO addressed a letter to the Commercial Tax Officer (CTO), Bodhan Circle u/s 133(6) of the I.T.Act, 1961 on 24.11.2017. The CTO, Bodhan Circle informed that necessary challans/ records were not traced out in the office for verification of genuineness