In Itta/10/2020 Of Principal Commissioner Of Income Tax-3 v. M/S.sainath Estates (P) Limited, the High Court (2020) dismissed the appeal. The decision went in favour of the assessee.
Decision: 3.Accordingly, this Appeal fails and it is dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
THE HONOURABLE SRI JUSTICE M.S. RAMACHANDRA RAO
and
THE HONOURABLE SRI JUSTICE T. AMARNATH GOUD
Income Tax Tribunal Appeal No.10 of 2020
ORDER: (per Hon’ble M.S. Ramachandra Rao)
This appeal is filed challenging the order dt.27.09.2019 passed in M.A.No.37/Hyd/2019 on the file of the Income Tax Appellate Tribunal, Hyderabad ‘A’ Bench, at Hyderabad, allowing the said M.A. and remanding the matter back to the file of the Assessment Officer for re-verification on the issue of addition of income under Section 69 of the Act to the income declared by the assessee.
2.Since there is no adjudication by the Tribunal on the said issue and the matter has only been remitted back to the assessing officer for re-verification, we do not deem it necessary to entertain this ITTA.
3.Accordingly, this Appeal fails and it is dismissed. No order as to costs.
4.As a sequel, miscellaneous petitions pending if any in this Appeal, shall stand closed.
__________________________________
JUSTICE M.S.RAMACHANDRA RAO
______________________________
JUSTICE T. AMARNATH GOUD
Date: 11.02.2020Ndr/*
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