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) and wrongly grouped the sum of Rs.1,50,00,000/- under chips instead of labour charges in letter dated
29.12.2010. Pucca vouchers could not be produced for labour, loading and unloading of earth work, chips etc. Only kachha vouchers for chips were maintained. The assessee further stated in respect of 40A(3) submissions that the assessee