M/S. PHARMA BIO SOLUTIONS,,CHINNAVUTAPALLI vs. THE, CIT(A),, VIJAYAWADA
In the result, the appeal of the assessee is dismissed
ITA 114/VIZ/2016[2011-12]Status: DisposedITAT Visakhapatnam16 Nov 2018AY 2011-12
Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.114/Viz/2016 (धििाारण िर्ा/Assessment Year:2011-2012) M/S Pharma Bio Solutions Vs. Income Tax Officer (Formerly Named As Ward-1(2) M/S Padmaja Laboratories Vijayawada Chinnavutapalli [Pan:Aakfp5523D] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलार्थी की ओर से/ Appellant By : Shri. B.V.S. Chalapathi Rao, Ar प्रत्यार्थी की ओर से/ Respondent By : Smt. Suman Malik, Dr सुनवाई की तारीख / Date Of Hearing : 13.11.2018 घोषणा की तारीख/Date Of Pronouncement : 16.11.2018
For Appellant: Shri. B.V.S. Chalapathi Rao, ARFor Respondent: Smt. Suman Malik, DR
Section 40Section 40A(3)
194 ITR 80 (1992) (P&H)
The first appellate authority has considered the submissions of the assessee and called for the remand report and given an opportunity to the assessee to explain the reasons for payment in cash. After considering the remand report, the objections of the assessee for the remand report, the Ld.CIT(A) confirmed the addition. The observations
