ASHOKA DEVELOPERS & BUILDERS LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE -1(1), HYDERABAD

ITA 416/HYD/2026Status: DisposedITAT Hyderabad08 July 2026AY 2023-2412 pages

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Income Tax Appellate Tribunal, Hyderabad ‘A‘ Bench, Hyderabad

Before: Shri Ravish SoodShri Madhusudan Sawdia

Hearing: 01/07/2026

Per Madhusudan Sawdia, A.M.:

This appeal is filed by M/s. Ashoka Developers & Builders Ltd (“the assessee”), feeling aggrieved by the order passed by the Learned Commissioner of Income Tax (Appeals)- 11, Hyderabad (“Ld. CIT(A)”) dated 03.01.2026 for the A.Y. 2023-24. 2. The assessee has raised the following grounds of appeal:

3.

The brief facts of the case are that the assessee is a company engaged in the business of construction of houses, flats, commercial complexes and execution of civil works. The assessee filed its re

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