ACIT, CIRCLE-3(1),, VIJAYAWADA vs. SRI BHASKAR CONTRACTORS COMPANY,, VIJAYAWADA
In the result, appeals of the revenue for the A
ITA 432/VIZ/2017[2012-2013]Status: DisposedITAT Visakhapatnam04 Oct 2019AY 2012-2013
Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकरअपीलसं./I.T.A.No.109/Viz/2013 (निर्धारणवर्ा/Assessment Year : 2008-09) Asst.Commissioner Of Vs. M/S Sri Bhaskar Contractors Income Tax Company Circle-3(1) D.No.60-3-27, F.No.101 Vijayawada Sai Aniketh Apartment Iti Bus Stop, Ashok Nagar Vijayawada [Pan : Aaqfs5687P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) Cross Objection No.70/Viz/2013 (Arising Out Of I.T.A. No.109/Viz/2013) M/S Sri Bhaskar Contractors Asst.Commissioner Of Company Income Tax D.No.60-3-27, F.No.101 Circle-1(1) Sai Aniketh Apartment Vijayawada Iti Bus Stop, Ashok Nagar Vijayawada [Pan : Aaqfs5687P] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)
For Appellant: Shri P.V.Subba Rao, ARFor Respondent: Shri D.K.Sonowal, CIT DR
Section 131Section 143(1)Section 143(2)Section 143(3)
section 40A(3) of the Act, thus the payments made are covered u/s 40A(3) of the Act and accordingly made addition of Rs.2,18,63,350/-. Thus, the AO completed the assessment on total income of Rs.5,28,18,310/- against the return of income of Rs.1,32,59,750/-.
3. Against the order of the AO, the assessee
