TELANGANA STATE HOUSING CORPORATION LIMITED,HYDERABAD vs. DCIT., CIRCLE-2(1), HYDERABAD
In the result appeal of the assessee is partly allowed for statistical purposes
ITA 554/HYD/2024[2021-22]Status: DisposedITAT Hyderabad28 Mar 2025AY 2021-22
Bench: Shri Vijay Pal Rao & Shri Manjunatha G
For Appellant: CA T Rajendra Prasad And Shri M Poorna Chander RaoFor Respondent: Shri B. Bala Krishna, CIT-DR
Section 143(1)(a)Section 143(3)Section 2(24)(xviii)Section 36(1)(iii)Section 43BSection 68
68, being the difference in principle amount in the books of the Appellant and that of the lender which resulted from differential treatment in the books of the Appellant and the Lender i.e.,
HUDCO.
7. The Ld. CIT-A erred in upholding the addition of Rs.584,403/-out of the total addition made by the AO of Rs.24
