2023 (10) TMI 847

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....DR. M. L. MEENA, AM: This captioned appeal has been filed by the assessee against the order of the ld. CIT (A) National Faceless Appeal Centre (NFAC), Delhi dated 09.11.2021 in respect of Assessment Year 2018-19 challenging therein the decision of ld. CIT(A) in confirming the charging of tax rate at 30% on the total income of the appellant as per the rectification order passed u/s 154 of the Ac....

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....essed u/s 143(1) or the Act by the DCIT(CPS), Bengaluru determining the total income at Rs. 3,07,82,713/- and calculated tax @ 30%. The appellant assessee has claimed that he has turnover less than 50 crores in the financial year 2017- 18, and hence, the tax rate of 25% to be applied which has been rejected by the ld. CIT(A) vide para 11 to 13, as under: "11. During the appellate proceedi....

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....% 0 0 0% 12. It is clear from the above column that the turnover of the appellant during the previous year relevant to the A.Y.2018-19 is Rs. 69,19,93,355/- which is above Rs. 50 Crores. Therefore, the applicable tax rate in respect of the appellant is at 30%for the A.Y.2018-19. 13. Hence, I have no reason to interfere in the order u/s 154 with regard to this issue on ch....