ASST. COMMISSIONER OF INCOME TAX, CIRCLE-2(1), TIRUPATI vs. THE TIRUPATI CO-OPERATIVE BANK LIMITED, TIRUPATI

Appeals are dismissed in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

exempting the assessee from TDS liability on payment of interest to members. It was further contended by the AR of the appellant

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-2(1), TIRUPATI vs. THE TIRUPATI CO-OPERATIVE BANK LIMITED, TIRUPATI

Appeals are dismissed in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

exempting the assessee from TDS liability on payment of interest to members. It was further contended by the AR of the appellant

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. JT. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. JT. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. JT. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. JT. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. T. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. JT. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

SIBY MINING AND INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. JT. COMMISSIONER OF INCOME TAX, TDS RANGE-2, HYDERABAD

In the result, appeals filed by the assessee are allowed

Bench: Shri D. Manmohan & Shri Rifaur Rahman

TDS in such cases. In otherwords, it was stated that there was a reasonable cause, as provided u/s 273B and therefore exempt

DEPUTY COMMISSIONER OF INCOME TAX(IT)-II, HYDERABAD vs. SEW INFRASTRUCTURE LIMITED, SECUNDERABAD

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Laliet Kumar & Shri Manjunatha, G.आ.अपी.सं /Ita No.725/Hyd/2024 (िनधा"रण वष"/Assessment Year: 2015-16) Dy. C.I.T (It)-Ii Vs. Sew Infrastructure Ltd Hyderabad Secunderabad Pan:Aadcs4061P (Appellant) (Respondent) राज" व "ारा/Revenue By: Shri B Bala Krishna, Cit(Dr) िनधा""रती "ारा/Assessee By: Shri S. Rama Rao, Advocate सुनवाई की तारीख/Date Of Hearing: 22/10/2024 घोषणा की तारीख/Pronouncement: 28/10/2024 आदेश/Order

exemption from TDS.” 6. The learned Counsel for the assessee, on the other hand, supporting the orders of the learned

DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(2), HYDERABAD vs. HEAD INFOTECH INDIA PRIVATE LIMITED, HYDERABAD

The appeal of the Revenue is dismissed

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamonyassessment Year: 2014-15

exempt from TDS) and brought to tax Rs. 1,86,51,359/- being 30% of Rs. 6,21,71,195/-. 3. Aggrieved

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-2(2), HYDERABAD vs. HEAD INFOTECH INDIA PRIVATE LIMITED , HYDERABAD

In the result, appeal of the revenue is dismissed

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamony

exempt from TDS) and brought to tax Rs. 1,86,51,359/- being 30% of Rs. 6,21,71,195/-. 3. Aggrieved

F5 NETWORKS INNOVATION PRIVATE LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-17(1), HYDERABAD

In the result, the appeal of the assessee is partly allowed for

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

TDS certificates may be adjusted. 6. Disallowance of Exempt Income - If any income claimed as exempt does not meet the required

DCIT., (INTERNATION TAXATION)-2, HYDERABAD vs. VIRTUSA INTERNATIONAL B V, NETHERLAND

In the result, the appeal filed by the revenue is dismissed

Bench: Shri Prakash Chand Yadav & Shri Madhusudan Sawdia

exempted from levy of interests u/s.234B & 234C in respect of the dividend income on which TDS has been made by the payee

VAMSEE KRISHNA KUNDURTHI,HYDERABAD vs. INCOME TAX OFFICER, INTERNATIONAL TAXATION -1, HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Smt. P. Madhavi Deviassessment Year: 2014-15

exemption of the salary income of INR 16,28,920 under Article 15(1) of India- Austria DTAA. In view of the above facts, we wish to inform your goodself that the salary income as disclosed in Part B of Total Income (Tl) in income tax return is less than the salary income as disclosed in Annexure 2 of TDS

SWARNA EDUCATIONAL ACADEMY,HYDERABAD vs. ITO, EXEMPTION WARD-1(4), HYDERABAD

In the result, the appeal of assessee is dismissed as infructuous

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

TDS and had filed return in Form Type 7 and has not claimed any deduction exemptions under section 11 or clauses

SKANDHANSHI INFRA PROJECTS INDIA PRIVATE LIMITED,KURNOOL vs. ACIT., CENTRAL CIRCLE-2(3), HYDERABAD

TDS, which attracts disallowance\nu/sec.40(a)(ia) of the Income Tax Act, 1961. Therefore,\nconsidering the overall scenario including relevant books of\n\nITA.Nos.514 to 539/Hyd./2025,\nAnd ITA.Nos.308 to 311/Hyd./2025.\n12\naccounts maintained by the assessee and incriminating\nmaterial found during the course of search observed that,\nthe profit percentage of undisclosed turnover found during\nthe

SEVEN HILLS BUSINESS SOLUTIONS LTD,HYDERABAD vs. DCIT, HYDERABAD

In the result, the assessee’s appeal is dismissed and the Revenue’s appeal is allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahmanm/S. Seven Hills Business Vs Dy. Commissioner Of Income Solutions Ltd, Hyderabad Tax, Circle 3(1) Hyderabad Pan: Aaecs1694K (Appellant) (Respondent) Dy. Commissioner Of Vs M/S. Seven Hills Business Income Tax, Circle 3(1) Solutions Ltd, Hyderabad Hyderabad Pan: Aaecs1694K (Appellant) (Respondent)

exemption u/s 10A of the Act. 4. Thereafter, the AO also observed from the details of the TDS made by the company

DCIT, HYDERABAD vs. M/S SEVEN HILLS BUSINESS SOLUTIONS PVT LTD., HYDERABAD

In the result, the assessee’s appeal is dismissed and the Revenue’s appeal is allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahmanm/S. Seven Hills Business Vs Dy. Commissioner Of Income Solutions Ltd, Hyderabad Tax, Circle 3(1) Hyderabad Pan: Aaecs1694K (Appellant) (Respondent) Dy. Commissioner Of Vs M/S. Seven Hills Business Income Tax, Circle 3(1) Solutions Ltd, Hyderabad Hyderabad Pan: Aaecs1694K (Appellant) (Respondent)

exemption u/s 10A of the Act. 4. Thereafter, the AO also observed from the details of the TDS made by the company