2012 (5) TMI 803

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....hagiri Rao, Shri V.Srinivas ORDER 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 ....

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.... margin as 30% and added the 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/....