INTIME PROPERTIES LIMITED,HYDERABAD vs. DCIT., CIRCLE 2(1), HYDERABAD
In the result, the appeal of the assessee is allowed
ITA 1226/HYD/2025[2014-15]Status: DisposedITAT Hyderabad26 Nov 2025AY 2014-15
Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1226/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2014-15) Intime Properties Ltd Vs. Dy.Cit Hyderabad Circle 2(1) Pan:Aabci5676A Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Adv Madhur Agarwal & Ca Paresh Sondagar राज" व "ारा/Revenue By:: Shri Ranjan Agrawala, Sr. Dr सुनवाई की तारीख/Date Of Hearing: 19/11/2025 घोषणा की तारीख/Pronouncement: 26/11/2025 आदेश/Order Per Madhusudan Sawdia, A.M.: This Appeal Is Filed By Intime Properties Ltd (“The Assessee”), Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-52, Mumbai (“Ld. Cit(A)”) Dated 30.05.2025 For The A.Y 2014-15. 2. The Assessee Has Raised The Following Grounds Of Appeal:
For Appellant: Adv Madhur Agarwal and CAFor Respondent: : Shri Ranjan Agrawala, Sr. DR
Section 143(2)Section 80Section 80I
TDS refunded to it.
64. Having arrived at the aforesaid conclusions, it would be necessary for us to deal with the judgements relied upon by Mr. Sharma for the Revenue.
65.1 The first judgement relied upon by Mr. Sharma for the Revenue is Liberty India (supra). In this judgement the Hon'ble Supreme Court held
(a) Section 80IB provides
