Commissioner of Income Tax vs. Atyam Suryanarayana
ITTA/165/2010HC Telangana20 Jun 2016
Bench: : The Hon’Ble Justice Surya Prakash Kesarwani & The Hon’Ble Justice Rajarshi Bharadwaj Date : 5Th February 2024. Appearance: Mr. Om Narayan Rai, Advocate Mr. Amit Sharma, Advocate …For The Appellant. 1. Heard Sri Om Narayan Rai, Learned Senior Standing Counsel For The Appellant. None Appears For The Respondent Assessee. 2. Affidavit Of Service Filed Today By Learned Counsel For The Appellant, In Compliance Of The Orders Dated 17.02.2023 & 15.01.2024, Is Taken On Record. Service Of Notice Upon The Respondent Assessee Is Found To Be Sufficient. 3. This Appeal Was Admitted By Order Of This Court Dated 03.09.2010, On The Following Substantial Questions Of Law:- “I) Whether The Learned Tribunal Was Justified On The Facts & Circumstances Of This Case To Follow The Ratio Decided By The
Section 131Section 132Section 143(3)Section 158DSection 68Section 88
unexplained by the respondent/assessee’s income and, as such, the entire
amount was correctly added by the assessing officer and upheld by the
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CIT(A) in the respondent/assessee invoking Section 68 of the Act, 1961. He
referred to provisions of Section 68 of the Act, 1961 and relied upon the
judgment of Hon’ble Supreme Court in Principal Commissioner
