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JT. COMMISSIONER OF INCOME TAX(OSD), CENTRAL CIRLCE -1(2) , HYDERABAD vs. AMSRI BUILDERS, SECUNDERABAD

In the result, appeal of the revenue is allowed for statistical purposes in above terms

ITA 1105/HYD/2018[2012-13]Status: DisposedITAT Hyderabad05 May 2022AY 2012-13

Bench: Shri Laxmi Prasad Sahu & Shri K. Narasimha Chary

For Appellant: Shri Y.V.S.T. SaiFor Respondent: S/Shri K.C. Devdas

Section 139(1)Section 143(3)Section 153A

reassessment made in respect of an assessment year under this section, the tax shall be chargeable at the rate or rates as applicable to such assessment year. As already submitted, the assessee claimed loss to the tune of Rs.2,70,07,786/- on the basis of profit and loss account filed along with the return of income. The assessing officer