TMI Blog2013 (12) TMI 240X X X X Extracts X X X X X X X X Extracts X X X X ..... inst Revenue. - ITA Nos.1357 & 1358/Hyd/2012, C.O. Nos.147 & 148/Hyd/2012 - - - Dated:- 5-12-2012 - Shri Chandra Poojari And Shri Saktijit Dey,JJ. For the Petitioner : Smt. Vidisha Kalra (DR) For the Respondent : Shri S. Rama Rao ORDER Per Bench:- The above appeals by the Revenue and the Cross Objection filed by the assessee are directed against separate orders of CIT (A)- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar issue came for consideration before this Tribunal in the case of ITO Vs. M/s Pittala Yakaiah, Nalgonda Ors., in ITA No.2191/Hyd/2011 and others, order dated 13th April, 2012, wherein the Tribunal held that income of the assesses in this line of business has to be estimated at 5% of sales made by the assesses. Accordingly, we direct the AO to estimate the income at 5% of sales made by the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X
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