TMI Blog2012 (5) TMI 803X X X X Extracts X X X X X X X X Extracts X X X X ..... D.Karunakara Rao, These two appeals by the Revenue are directed against similar but separate orders of the Commissioner of Income-tax(Appeals)- VI, Hyderabad dated 25.11.2011. Assessment years involved are 2007-08 and 2008-09 respectively in the two appeals under consideration. Since a common issue is involved, both these appeals are being disposed off with this common order for the sake of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... difference to the income of the assessee as suppressed turnover. In the case of M/s.Shiva Ganga Wines, the assessing officer computed the turnover by adopting the profit margin as 27% and added the difference to the income of the assessee as suppressed turnover. 4. On appeal, the CIT(A), by the orders impugned, by following the decision of this Tribunal in ITA No.591/Hyd/2011 dated 28.7.2011 in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in similar cases, as in ITA No.1997/Hyd/2011 CO No.28/Hyd/2012 in the case of M/s. Lakshmi Srinivasa Wines, Nalgonda and others, vide order dated 30.3.2012, to which one of us, viz. the Accountant Member is a party. In this view of the matter, following the consistent view taken by this Tribunal, we find no infirmity in the impugned orders of the CIT(A), which are accordingly confirmed and the g ..... X X X X Extracts X X X X X X X X Extracts X X X X
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