BRAMHANI INDUSTRIES LIMITED, JAMMALAMADUGU,KADAPA vs. DCIT, CIRCLE-1(3), HYDERABAD, HYDERABAD

In the result, appeal of the assessee is partly allowed and the appeal of the Revenue is dismissed

Bench: Shri A. Mohan Alankamony & Sri Chandra Mohan Garga.Y. 2010-11 Bramhani Industries Limited, Vs. Dcit, Jammalamadugu. Circle-1(3), Pan: Aadcb 1666 M Hyderabad. (Appellant) (Respondent) Ay: 2010-11 Dcit, Vs. Bramhani Industries Circle-1(2), Limited, Hyderabad. Jammalamadugu. Pan: Aadcb 1666 M (Appellant) (Respondent) Assessee By Sri Gowtham Jain Revenue By Sri K.V. Aravind, Sr. Standing Counsel For Dr Date Of Hearing: 12/10/2021 Date Of Pronouncement: 06/01/2022 Order

section 68 of the Act ignoring the original remand report dated 17/3/2015. 2) The Ld. CIT (A) has erred in upholding the order of the ld.AO who had made addition of Rs. 15,99,60,041/- on account of notional gain arising out of the foreign exchange fluctuation relying on the decision of the Hon’ble Apex Court

DCIT, CIRCLE-1(2), HYDERABAD, HYDERABAD vs. BRAMHANI INDUSTRIES LIMITED, JAMMALAMADUGU, YSR DIST., YSR DIST.

In the result, appeal of the assessee is partly allowed and the appeal of the Revenue is dismissed

Bench: Shri A. Mohan Alankamony & Sri Chandra Mohan Garga.Y. 2010-11 Bramhani Industries Limited, Vs. Dcit, Jammalamadugu. Circle-1(3), Pan: Aadcb 1666 M Hyderabad. (Appellant) (Respondent) Ay: 2010-11 Dcit, Vs. Bramhani Industries Circle-1(2), Limited, Hyderabad. Jammalamadugu. Pan: Aadcb 1666 M (Appellant) (Respondent) Assessee By Sri Gowtham Jain Revenue By Sri K.V. Aravind, Sr. Standing Counsel For Dr Date Of Hearing: 12/10/2021 Date Of Pronouncement: 06/01/2022 Order

section 68 of the Act ignoring the original remand report dated 17/3/2015. 2) The Ld. CIT (A) has erred in upholding the order of the ld.AO who had made addition of Rs. 15,99,60,041/- on account of notional gain arising out of the foreign exchange fluctuation relying on the decision of the Hon’ble Apex Court

SURYA PRABHA SUNKAVALLI,HYDERABAD vs. INCOME TAX OFFICER, WARD-14(3), HYDERABAD

In the result, appeal of the assessee is dismissed

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

68 of the Act and a sum of Rs. 77,809/- by making disallowance under section 40(a)(ia) of the Act for not deducting TDS

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1, ANANTAPUR vs. SAVEERA HOSPITAL PRIVATE LIMITED, ANANTAPUR

In the result, appeals of the Revenue are accordingly allowed and consequently the cross objections preferred by the assessee are dismissed

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

section 68 of the Act. So also he made an addition of Rs. 1,33,12,000/- and Rs.40,29,502/- for the assessment years 2014-15 and 2015-16 respectively towards short-term borrowings and trade payables. Page 3 of 33 ITA Nos.295 & 296/Hyd/2019 C.O.Nos.12 & 13/Hyd/2019 6. Aggrieved by such an action of the learned Assessing Officer, assessee

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1, ANANTAPUR vs. SAVEERA HOSPITAL PRIVATE LIMITED , ANANTAPUR

In the result, appeals of the Revenue are accordingly allowed and consequently the cross objections preferred by the assessee are dismissed

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

section 68 of the Act. So also he made an addition of Rs. 1,33,12,000/- and Rs.40,29,502/- for the assessment years 2014-15 and 2015-16 respectively towards short-term borrowings and trade payables. Page 3 of 33 ITA Nos.295 & 296/Hyd/2019 C.O.Nos.12 & 13/Hyd/2019 6. Aggrieved by such an action of the learned Assessing Officer, assessee

DCIT., CIRCLE 3(1), HYDERABAD vs. RATHNAMMA INFRATECH PRIVATE LIMITED, HYDERABAD

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

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON'BLE (Accountant Member)

TDS deduction under Section 194H of the Act, confirmations in respect of unsecured loans and the details of loans etc. The A.O., on the basis of information submitted by the assessee observed that, the assessee had taken unsecured loans from various parties, including, Shri 3 Rathnamma Infratech Private Limited K.V. Satish Kumar, Smt. K. Swapna, S.S.K. Prime Spaces

SRI RAMA AGRI GENETICS (INDIA) PRIVATE LIMITED,KURNOOL vs. DCIT., CIRCLE-1, KURNOOL

sections": [ "Sec 36(1)(iii)", "Sec 41(1)", "Sec 68", "Sec 37(1)", "Sec 201(1A)", "Sec 35D" ], "issues": "Various disallowances including ROC charges, interest on TDS

SRI SAI CONSTRUCTION CO,NIZAMABAD vs. DCIT., CIRCLE-1, NIZAMABAD

In the result appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

68,480/- with the refund claim of Rs.19,07,250/-. The case was selected for scrutiny under CASS to verify large refund claims and contract receipts or fees. During the course of assessment proceedings, the Assessing Officer issued notice under section 143(2) and 142(1) of the Act on 5 ITA.No.670/Hyd./2025 various dates and called-upon

INCOME TAX OFFICER, WARD-1, WARANGAL vs. SHIVA KUMAR THOTA, WARANGAL

In the result, the primary objection filed by the assessee vide his letter, dated 02/06/2025 is allowed while for the appeal filed by

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.996/Hyd/2024 (िनधा"रण वष"/Assessment Year: 2017-18) Income Tax Officer, Vs. Shiva Kumar Thota, Ward-1, Warangal. Warangal. Pan: Aaopt4519M (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri K.A. Sai Prasad, Ca राज" व "ारा/Revenue By: Mrs. U. Mini Chandran, Cit-Dr सुनवाई की तारीख/Date Of Hearing: 18/11/2025 घोषणा की तारीख/Date Of 10/12/2025 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Present Appeal Filed By The Revenue Is Directed Against The Order Passed By The Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, Dated 06/08/2024 Which In Turn Arises From The Order Passed By The Assessing Officer Under Section 147 R.W.S 144B Of The Income-Tax Act, 1961 (For Short, “The Act”), Dated 26/05/2023 For The Assessment Year 2017-18. The Revenue Has Assailed The Impugned Order On The Following Grounds Of Appeal Before Us:

section 68 of the Act: Rs.16,19,208/-; (iv) disallowance towards TDS and VAT payable under section 43B of the Act: Rs. 6,08,694/-; and (v) addition

VK WAREHOUSING ENTERPRISES,HYDERABAD vs. DCIT., CIRCLE-6(1), HYDERABAD

In the result, both the appeals filed by the assessee firm and the revenue are partly allowed for statistical purposes, in terms of our observations recorded hereinabove

Bench: Shri Manjunatha G & Shri Ravish Soodआ.अपी.सं /Ita No.737/Hyd/2025 (िनधा"रण वष"/Assessment Year:2017-18) M/S. V K Warehousing Enterprises, Dy. Commissioner Of Income Tax, Vs. Circle 6(1), Hyderabad. Hyderabad. Pan : Aakfv3288R (Appellant) (Respondent) आ.अपी.सं /Ita No.881/Hyd/2025 (िनधा"रण वष"/Assessment Year:2017-18) Dy. Commissioner Of Income Tax, M/S. V K Warehousing Enterprises, Circle 6(1), Hyderabad. Vs. Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Rajesh Vaishnav, C.A. राज" व "ारा/Revenue By: Shri P. Dhivahar, Cit-Dr सुनवाई की तारीख/Date Of Hearing: 22/12/2025 घोषणा की तारीख/Pronouncement: 07/01/2026

Section 40(a)(ia) of the Act: Rs. 32,89,736/-; (iv) disallowance of interest on delayed remittance of TDS: Rs.1,37,887/-; and (v) addition of unexplained cash deposits u/s 68

GANGADHARAN RENGANATHAN KOMAL,HYDERABAD vs. INCOME TAX OFFICER, WARD-14(1), HYDERABAD

In the result the appeal of the assessee is partly allowed

Bench: SHRI LALIET KUMAR (Judicial Member)

section 68 by the AO stating that the identity, genuineness and creditworthiness of the amount stands proven. 3.3. The assessment order of the AO was carefully perused and it was observed that on verification of Citibank Credit Card Statements, it was seen that the appellant had made cash payments of Rs. 6,72,000/- to Citi Bank Branch in cash

ACIT., CIRCLE-6(1), HYDERABAD vs. VK WAREHOUSING ENTERPRISES, HYDERABAD

In the result, both the appeals filed by the assessee firm and\nthe revenue are partly allowed for statistical purposes, in terms of\nour observations recorded hereinabove

Section 40(a)(ia) of the\nAct: Rs. 32,89,736/-; (iv) disallowance of interest on delayed\nremittance of TDS: Rs.1,37,887/-; and (v) addition of unexplained\ncash deposits u/s 68

DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD vs. AGRI GOLD FOODS FARM ESTATES INDIA PRIVATE LIMITED, HYDERABAD

Accordingly. The grounds of appeals of both the assessee and the Revenue for the assessment year 2011-12 are accordingly treated as allowed for statistical purpose

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyआ.अपी.सं निर्धारण अपीलधर्थी प्रत् यर्थी वर्ा/ A.Y. / Ita No. / Appellant / Respondent 202/Hyd/2018 2009-10 1222/Hyd/2018 2010-11

section 68 of the Act in respect of the share application money and premium. Learned CIT(A), however, directed the learned Assessing Officer to treat the interest income as ‘income from business’. On the aspect of adding the difference of the market value of the shares Page 3 of 8 Agri Gold Farm Estates India Pvt. Ltd., Batch appeals acquired

AGRI GOLD FARM ESTATES INDIA PRIVATE LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD

Accordingly. The grounds of appeals of both the assessee and the Revenue for the assessment year 2011-12 are accordingly treated as allowed for statistical purpose

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyआ.अपी.सं निर्धारण अपीलधर्थी प्रत् यर्थी वर्ा/ A.Y. / Ita No. / Appellant / Respondent 202/Hyd/2018 2009-10 1222/Hyd/2018 2010-11

section 68 of the Act in respect of the share application money and premium. Learned CIT(A), however, directed the learned Assessing Officer to treat the interest income as ‘income from business’. On the aspect of adding the difference of the market value of the shares Page 3 of 8 Agri Gold Farm Estates India Pvt. Ltd., Batch appeals acquired

AGRI GOLD FARM ESTATES INDIA PRIVATE LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD

Accordingly. The grounds of appeals of both the assessee and the Revenue for the assessment year 2011-12 are accordingly treated as allowed for statistical purpose

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyआ.अपी.सं निर्धारण अपीलधर्थी प्रत् यर्थी वर्ा/ A.Y. / Ita No. / Appellant / Respondent 202/Hyd/2018 2009-10 1222/Hyd/2018 2010-11

section 68 of the Act in respect of the share application money and premium. Learned CIT(A), however, directed the learned Assessing Officer to treat the interest income as ‘income from business’. On the aspect of adding the difference of the market value of the shares Page 3 of 8 Agri Gold Farm Estates India Pvt. Ltd., Batch appeals acquired

AGRI GOLD FARM ESTATES INDIA PRIVATE LIMTED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD

Accordingly. The grounds of appeals of both the assessee and the Revenue for the assessment year 2011-12 are accordingly treated as allowed for statistical purpose

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyआ.अपी.सं निर्धारण अपीलधर्थी प्रत् यर्थी वर्ा/ A.Y. / Ita No. / Appellant / Respondent 202/Hyd/2018 2009-10 1222/Hyd/2018 2010-11

section 68 of the Act in respect of the share application money and premium. Learned CIT(A), however, directed the learned Assessing Officer to treat the interest income as ‘income from business’. On the aspect of adding the difference of the market value of the shares Page 3 of 8 Agri Gold Farm Estates India Pvt. Ltd., Batch appeals acquired

AGRI GOLD FARM ESTATES INDIA PRIVATE LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD

Accordingly. The grounds of appeals of both the assessee and the Revenue for the assessment year 2011-12 are accordingly treated as allowed for statistical purpose

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyआ.अपी.सं निर्धारण अपीलधर्थी प्रत् यर्थी वर्ा/ A.Y. / Ita No. / Appellant / Respondent 202/Hyd/2018 2009-10 1222/Hyd/2018 2010-11

section 68 of the Act in respect of the share application money and premium. Learned CIT(A), however, directed the learned Assessing Officer to treat the interest income as ‘income from business’. On the aspect of adding the difference of the market value of the shares Page 3 of 8 Agri Gold Farm Estates India Pvt. Ltd., Batch appeals acquired

DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD vs. AGRI GOLD FARM ESTATES INDIA PRIVATE LIMITED, HYDERABAD

Accordingly. The grounds of appeals of both the assessee and the Revenue for the assessment year 2011-12 are accordingly treated as allowed for statistical purpose

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyआ.अपी.सं निर्धारण अपीलधर्थी प्रत् यर्थी वर्ा/ A.Y. / Ita No. / Appellant / Respondent 202/Hyd/2018 2009-10 1222/Hyd/2018 2010-11

section 68 of the Act in respect of the share application money and premium. Learned CIT(A), however, directed the learned Assessing Officer to treat the interest income as ‘income from business’. On the aspect of adding the difference of the market value of the shares Page 3 of 8 Agri Gold Farm Estates India Pvt. Ltd., Batch appeals acquired