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“incriminating material”

Search & SeizureSection 153ASection 153A8,981 judgments

The decision most relied on for incriminating material is CIT v. Kabul Chawla (380 ITR 573), cited in 3,235 judgments on BharatTax.

Leading authorities on incriminating material

CIT v. Kabul Chawla
380 ITR 573 · 2016 · High Court
3,235
citing judgments

In a search assessment under Section 153A, additions can only be made for completed or non-abated assessment years if incriminating material relevant to those years is found during the search, although notice under Section 153A(1) is mandatorily issued for six assessment years preceding the search.

Pr. CIT v. Abhisar Buildwell (P.) Ltd.
149 Taxmann.com 399 · 2023 · Supreme Court
2,379
citing judgments

An assessment under section 153A is without jurisdiction if there is an absence of incriminating material for an unabated assessment year.

CIT v. Sinhgad Technical Education Society
397 ITR 344 · 2017 · Supreme Court
1,589
citing judgments

For assessments under Section 153C, a notice is legally unsustainable if there is no incriminating material correlated to the specific assessment years for which reassessment is sought.

Pr. CIT v. Meeta Gutgutia
395 ITR 526 · 2017 · High Court
1,226
citing judgments

In search assessments under Section 153A, additions to income are permissible only if incriminating material is found during the search; in the absence of such material, completed assessments cannot be disturbed. A statement recorded under Section 132(4) and later retracted may not, on its own, constitute sufficient incriminating evidence for making additions.

All Cargo Global Logistics Ltd. v. DCIT
137 ITD 287 · 2012 · ITAT
907
citing judgments

In non-abated assessments, the Assessing Officer can make additions under section 153A based on books of accounts or documents found during a search but not produced during the original assessment, provided such material is incriminating.

PCIT v. Best Infrastructure (India) (P.) Ltd.
397 ITR 82 · 2017 · High Court
786
citing judgments

A statement recorded under Section 132(4) of the Income Tax Act, 1961, does not by itself constitute incriminating material for making additions to income.

CIT v. RRJ Securities Ltd.
380 ITR 612 · 2016 · High Court
689
citing judgments

Completed assessments can be interfered with under Section 153A or 153C only on the basis of incriminating material unearthed during the search, necessitating a direct correlation between the discovered material and the power to assess or reopen concluded assessments.

Pr. CIT v. Saumya Constructions (P.)Ltd.
387 ITR 529 · 2016 · High Court
670
citing judgments

Assessments under Section 153A cannot be sustained without any incriminating material found during the search that substantiates the additions. This principle applies even to completed assessments where no additional income is disclosed.

Judgments citing incriminating material

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sylns Agro Developers Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 403/HYD/2023[2019-20]Status: DisposedITAT Hyderabad30 Sept 2024AY 2019-20

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sylns Agro Developers Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 402/HYD/2023[2018-19]Status: DisposedITAT Hyderabad30 Sept 2024AY 2018-19

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sylns Agro Developers Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 401/HYD/2023[2017-18]Status: DisposedITAT Hyderabad30 Sept 2024AY 2017-18

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sylns Agro Developers Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 400/HYD/2023[2016-17]Status: DisposedITAT Hyderabad30 Sept 2024AY 2016-17

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Krishna Reddy Gujjula, Nalgonda

In the result, all the six appeals filed by the Revenue

ITA 398/HYD/2023[2021-22]Status: DisposedITAT Hyderabad30 Sept 2024AY 2021-22

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Krishi Housing Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 392/HYD/2023[2021-22]Status: DisposedITAT Hyderabad30 Sept 2024AY 2021-22

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Krishi Housing Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 391/HYD/2023[2020-21]Status: DisposedITAT Hyderabad30 Sept 2024AY 2020-21

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Krishi Housing Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 390/HYD/2023[2019-20]Status: DisposedITAT Hyderabad30 Sept 2024AY 2019-20

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Krishi Housing Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 389/HYD/2023[2018-19]Status: DisposedITAT Hyderabad30 Sept 2024AY 2018-19

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Krishi Housing Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 388/HYD/2023[2017-18]Status: DisposedITAT Hyderabad30 Sept 2024AY 2017-18

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sunshine Estateconstruction India LLP, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 387/HYD/2023[2021-22]Status: DisposedITAT Hyderabad30 Sept 2024AY 2021-22

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sunshine Estateconstruction India LLP, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 386/HYD/2023[2020-21]Status: DisposedITAT Hyderabad30 Sept 2024AY 2020-21

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Sunshine Estateconstruction India LLP, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 385/HYD/2023[2019-20]Status: DisposedITAT Hyderabad30 Sept 2024AY 2019-20

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Asst. Commissioner of Income Tax, Central Circle-2(2), Hyderabad vs. Bhoomika Agro Farms Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 382/HYD/2023[2021-22]Status: DisposedITAT Hyderabad30 Sept 2024AY 2021-22

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served

Assistant Commissioner of Income Tax, Central Circle - 2(2), Hyderabad vs. Bhoomika Agro Farms Private Limited, Hyderabad

In the result, all the six appeals filed by the Revenue

ITA 381/HYD/2023[2020-21]Status: DisposedITAT Hyderabad30 Sept 2024AY 2020-21

Bench: Shri Laliet Kumar & Shri Manjunatha, G.S.No Appeal In Ita No. Assessee Respondent A.Y 1 381/Hyd/2023 Acit Central Circle Bhoomika Agro 2020-21 2(2) Hyderabad Farms (P) Ltd Hyderabad Pan:Aafcb6665G 2 382/Hyd/2023 -Do- -Do- 2021-22 3 Co 7/Hyd/2023 Bhoomika Agro Acit Central Circle 2020-21 (Ita 381/H/23) Farms (P) Ltd 2(2) Hyderabad Hyderabad Pan:Aafcb6665G 4 Co 8/Hyd/2023 -Do- -Do- 2021-22 (Ita 382/H/23) 5 385/Hyd/2023 -Do- Sunshine Estate 2019-20 Construction India Llp, Hyderabad Pan:Adrfs0667D 6 386/Hyd/2023 -Do- -Do- 2020-21 7 387/Hyd/2023 -Do- -Do- 2022-22 8 Co3/Hyd/2023 Sunshine Estate Acit Central Circle 2019-20 (Ita 385/H/23) Construction India 2(2) Hyderabad Llp, Hyderabad Pan:Adrfs0667D 9 Co4/Hyd/2023 -Do- -Do- 2020-21 (Ita 386/H/23) 10 Co5/Hyd/2023 -Do- -Do- 2021-22 (Ita 387/H/23) 11 388/Hyd/2023 -Do- Krishi Housing (P) 2017-18 Ltd Hyderabad Pan:Aafck9740B 12 389/Hyd/2023 -Do- -Do- 2018-19 13 390/Hyd/2023 -Do- -Do- 2019-20 14 391/Hyd/2023 -Do- -Do- 2020-21 15 392/Hyd/2023 -Do- -Do- 2021-22 16 Co9/Hyd/2023 Krishi Housing (P) Acit Central Circle 2017-18 (Ita 388/H/23) Ltd Hyderabad 2(2) Hyderabad Pan:Aafck9740B

proceedings conducted at the office premises of M/s Page 23 of 37 ITA 381 of 2023 and others Bhoomika Agro Farms Spectra Group, certain incriminating material was seized in the case of the assessee. Notice u/s 153C dated 06/01/2022 was issued to the assessee, in response to which the assessee ... search. During the course of Search and Seizure operations conducted in the residential premises of M/s. Spectra India Eco Projects Pvt. Ltd., certain incriminating material were seized in the case of the assessee. Statutory notices u/s 143(2) & 142(1) of the I.T. Act, 1961 was issued and served