DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(2), HYDERABAD vs. TRACKS & TOWERS INFRATECH PRIVATE LIMITED(PART IX), HYDERABAD

In the result, both the appeals filed by the revenue are partly allowed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

section 254(1) of the 1961 Act,), the Tribunal was not authorized to take back the benefit granted to the assessee by the Assessing Officer. The Tribunal has no power to enhance the assessment.” 30.1 In view of the above discussion and in view of the detailed reasoning given by the ld.CIT(A), we do not find any infirmity

DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(2), HYDERABAD vs. TRACKS & TOWERS INFRATECH PRIVATE LIMITED(PART IX), HYDERABAD

In the result, both the appeals filed by the revenue are partly allowed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

section 254(1) of the 1961 Act,), the Tribunal was not authorized to take back the benefit granted to the assessee by the Assessing Officer. The Tribunal has no power to enhance the assessment.” 30.1 In view of the above discussion and in view of the detailed reasoning given by the ld.CIT(A), we do not find any infirmity

VIJAYAWADA TOLLWAY PRIVATE LIMITED,HYDERABAD vs. DCIT., CIRCLE-8(1), HYDERABAD

In the result, the appeal filed by the assessee is

TDS : 1,08,30,957 Advance Tax: 5,00,00,000 Refundable Less refund already issued vide 143(1) dt 28.03.2014 Total Demand Add: Interest u/s 234D M/s.Vijayawada Tollway Private Limited Order u/s. 143(3) r.w.s 147/AY 2012-13 6,08,30,957 (1,93,48,018) 6,50,55,990 4,57,07,972 1

NUNHEMS INDIA PVT.LTD.,,R.R.DIST vs. ADDL.CIT, RANGE-16, HYDERABAD

In the result, the assessee’s appeal for the A

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

89,084/-; and Rs. 60,80,259/- towards bonus paid prior to due date of filing the return offered to tax in the A.Y 2007-08. In this connection, the A.O observed that the assessee has debited vacation pay of Rs. 19,99,081/- only and that the balance amount of Rs. 34,90,006/- was not debited during

NUNHEMS INDIA PRIVATE LIMITED,R.R.DIST vs. JCIT, RANGE 16, HYDERABAD

In the result, the assessee’s appeal for the A

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

89,084/-; and Rs. 60,80,259/- towards bonus paid prior to due date of filing the return offered to tax in the A.Y 2007-08. In this connection, the A.O observed that the assessee has debited vacation pay of Rs. 19,99,081/- only and that the balance amount of Rs. 34,90,006/- was not debited during

NUNHEMS INDIA PRIVATE LIMITED,,HYDERABAD vs. ASST.CIT,CIRCLE 16(1),,

In the result, the assessee’s appeal for the A

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

89,084/-; and Rs. 60,80,259/- towards bonus paid prior to due date of filing the return offered to tax in the A.Y 2007-08. In this connection, the A.O observed that the assessee has debited vacation pay of Rs. 19,99,081/- only and that the balance amount of Rs. 34,90,006/- was not debited during

CRUSTUM PRODUCTS PRIVATE LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-1(2), HYDERABAD

In the result, appeal of the assessee is partly allowed for statistical purposes as indicated herein above

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamonyassessment Year:2013-14 Crustum Products Private Vs. Dy. Cit, Limited, Circle-1(2), Hyderabad. Hyderabad. Pan: Aaccc 5920 C (Appellant) (Respondent) Assessee By: Shri P. Murali Mohana Rao Revenue By: Shri Rohit Mujumdar, Dr Date Of Hearing: 16/12/2020 Date Of Pronouncement: 06/01/2021 Order Per A. Mohan Alankamony, Am.:

TDS U/s. 37(1) of the Act. On appeal, the Ld. CIT (A) confirmed the order of the Ld. AO. 4. Ground No.(i): Disallowance of proportionate interest on interest free advances amounting to Rs. 15,61,749/- U/s. 36(1)(iii) of the Act. 5. During the course of scrutiny assessment proceedings, it was observed

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-10(1), HYDERABAD vs. VERTEX PROJECTS LLP (FORMERLY M/S VERTEX PROJECTS LTD) , HYDERABAD

In the result, the appeal of Revenue is partly allowed for statistical purposes

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarassessment Year: 2014-15 Acit,Circle-10(1) Vs. Vertex Projects Llp Room No.515, 5Th Floor, (Formerly M/S.Vertex A-Block, I.T.Towers, Projects Ltd.) A.C.Guards, #156-159, Paigah House Hyderabad. S.P.Road, Next To Pg College. Secunderabad-500 026. Pan : Aanfv0232C (Appellant) (Respondent) Assessee By: Shri Sriram Seshadri, Ca Revenue By: Shri Rajendra Kumar,Cit-Dr Date Of Hearing: 15.03.2023 Date Of Pronouncement: 28.04.2023 O R D E R Per Shri Laliet Kumar, J.M. This Is An Appeal Filed By The Revenue, Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-5, Dated 16.03.2018 For The Ay 2014-15, On The Following Grounds :

TDS credit as per law. The above ground is allowed to that extent accordingly. The Ground nos. 6 & 7 are consequential to the grounds adjudicated above, therefore needs no separate adjudication. To sum up the appeal is partly allowed.” 5. Feeling aggrieved by the order passed by the ld.CIT(A), the Revenue is now in appeal before

ACE TYRES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

section 149(1) of the\nAct, as existed at the relevant point of time and submitted that\nthe asset which include immovable property being land or\nbuilding or both, shares and securities, loans & advances,\ndeposits in the bank account. In support of his contention he has\nrelied upon the judgment of the Hon'ble Delhi High Court in case

ACE TYRES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

section 149(1) of the\nAct, as existed at the relevant point of time and submitted that\nthe asset which include immovable property being land or\nbuilding or both, shares and securities, loans & advances,\ndeposits in the bank account. In support of his contention he has\nrelied upon the judgment of the Hon'ble Delhi High Court in case

ACE TYRES PRIVATE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE-1(2), HYDERABAD

section 149(1) of the\nAct, as existed at the relevant point of time and submitted that\nthe asset which include immovable property being land or\nbuilding or both, shares and securities, loans & advances,\ndeposits in the bank account. In support of his contention he has\nrelied upon the judgment of the Hon'ble Delhi High Court in case

ACE TYRES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

section 149(1) of the\nAct, as existed at the relevant point of time and submitted that\nthe asset which include immovable property being land or\nbuilding or both, shares and securities, loans & advances,\ndeposits in the bank account.\nIn support of his contention he has\nrelied upon the judgment of the Hon'ble Delhi High Court in case

LYCOS INTERNET LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD

Bench: Shri Vijay Pal Rao, Vice- & Shri Madhusudan Sawdia

89,56,740/-. 3. The CIT(A) erred in ignoring CBDT's Circular No.5 of 2014 dated 11.02.2014. 4. The CIT(A) erred in ignoring the Supreme Court decision in the case of CIT Vs Walfort Share of Stock Brokers Pvt Ltd (326 ITR 1), wherein it was held that the mandate of section 14A was to curb the practice

INFOR (INDIA) PRIVATE LIMITED ,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX ,CIRCLE -2(1), HYDERABAD

Appeal is partly allowed in above terms

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

89,08,530 being the adjustment qua the ITES Segment, Rs. 40,487,821 being additions in respect of Interest on AE receivables and Rs. 3,95,25,970 & Rs. 1,00,0 1,279 being additions in respect of Management fees/ Consultancy Fee paid/reimbursed by the Appellant] being wholly unjustified are liable to be deleted. 2. On the facts

LADE MADWESH,KADAPA vs. INCOME TAX OFFICER, WARD-(2), KADAPA

In the result, appeal filed by the assessee is dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.546/Hyd/2023 (िनधा"रण वष"/Assessment Year: 2017-18 Lade Madwesh Vs. Income Tax Officer Kadapa Ward-2 Pan:Aabhl5201M Kadapa (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Kumar Pal Tated, Ca राज" व "ारा/Revenue By:: Shri Rahul Singhania, Dr सुनवाई की तारीख/Date Of Hearing: 16/05/2024 घोषणा की तारीख/Pronouncement: 22/05/2024

89(1) of the I. T. Act and in those facts, the Tribunal has held that section 154 should be invoked by the Assessing Officer. ii) Similar are the facts in the case of ACIT vs. M/s. NSL Renewable Power (P) Ltd in ITA No.725/Hyd/2022 dated 28.02.2023 wherein the Tribunal was called upon to decide whether provisions of section

IDEA CELLULAR LTD, HYD,HYDERABAD vs. ACIT, TDS CIRCLE, WARD-1(1), HYD, HYDERABAD

In the result, both the appeals under consideration are partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

1) If it is held that the Assessee is liable to deduct TDS u/s. 194H of the Act, the Assessee humbly submit that where the recipient (i.e. the Distributors) of the income (i.e. discount) had paid income-tax on their income by way of advance tax or / and self assessment tax, then there was no question of levying any interest

IDEA CELLULAR LTD, HYD,HYDERABAD vs. ACIT, TDS CIRCLE, WARD-1(1), HYD, HYDERABAD

In the result, both the appeals under consideration are partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

1) If it is held that the Assessee is liable to deduct TDS u/s. 194H of the Act, the Assessee humbly submit that where the recipient (i.e. the Distributors) of the income (i.e. discount) had paid income-tax on their income by way of advance tax or / and self assessment tax, then there was no question of levying any interest

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:

89,51,132/-, made during the post demonetization period); (ii) addition of unproved sundry creditors under section 68 of the Act: Rs. 43,43,207/-; (iii) addition of unsecured loan made under 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