ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

Bench: Shri R.K. Panda & Shri Laliet Kumar

TDS, maintenance of supporting bills and vouchers etc. 3.1.5. Further the learned AO contended that the genuine investment with explainable sources is neither verifiable nor has support of law. Order of the learned CIT(A) 3.1.6. The learned CIT(A) after carefully examining the submissions by the Appellant during the appellate proceedings held that there are no findings

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

Bench: Shri R.K. Panda & Shri Laliet Kumar

TDS, maintenance of supporting bills and vouchers etc. 3.1.5. Further the learned AO contended that the genuine investment with explainable sources is neither verifiable nor has support of law. Order of the learned CIT(A) 3.1.6. The learned CIT(A) after carefully examining the submissions by the Appellant during the appellate proceedings held that there are no findings

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELCOM INFRASTRUTURE PRIVATE LIMITED , HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

Bench: Shri R.K. Panda & Shri Laliet Kumar

TDS, maintenance of supporting bills and vouchers etc. 3.1.5. Further the learned AO contended that the genuine investment with explainable sources is neither verifiable nor has support of law. Order of the learned CIT(A) 3.1.6. The learned CIT(A) after carefully examining the submissions by the Appellant during the appellate proceedings held that there are no findings

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELCOM INFRASTRUTURE PRIVATE LIMITED , HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

Bench: Shri R.K. Panda & Shri Laliet Kumar

TDS, maintenance of supporting bills and vouchers etc. 3.1.5. Further the learned AO contended that the genuine investment with explainable sources is neither verifiable nor has support of law. Order of the learned CIT(A) 3.1.6. The learned CIT(A) after carefully examining the submissions by the Appellant during the appellate proceedings held that there are no findings

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

Bench: Shri R.K. Panda & Shri Laliet Kumar

TDS, maintenance of supporting bills and vouchers etc. 3.1.5. Further the learned AO contended that the genuine investment with explainable sources is neither verifiable nor has support of law. Order of the learned CIT(A) 3.1.6. The learned CIT(A) after carefully examining the submissions by the Appellant during the appellate proceedings held that there are no findings

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. ASCEND TELECOM INFRASTRUCTURE PRIVATE LIMITED, HYDERABAD

In the result, the appeal filed by the Revenue is allowed for statistical purposes while the corresponding C

Bench: Shri R.K. Panda & Shri Laliet Kumar

TDS, maintenance of supporting bills and vouchers etc. 3.1.5. Further the learned AO contended that the genuine investment with explainable sources is neither verifiable nor has support of law. Order of the learned CIT(A) 3.1.6. The learned CIT(A) after carefully examining the submissions by the Appellant during the appellate proceedings held that there are no findings

INCOME TAX OFFICER (INTERNATIONAL TAXATION)-1, HYDERABAD vs. ARUNA GULLAPALLI, HYDERABAD

Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2017-18 Income Tax Officer, Vs. Aruna Gullapalli, (International Taxation) – 1, Hyderabad. Hyderabad. Pan No.Bfhpg9489L. (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao Revenue By: Shri Kumar Adithya Date Of Hearing: 23.01.2023 Date Of Pronouncement: 31.01.2023

Unexplained investment u/s 69 Rs..1,85,00,000/- 4 9. Documentary evidence is submitted by the appellant during the course of appellate proceedings and the' same is' admitted by me as there is no complexity involved which would require the verification of the same by the AO again. 10. After admitting the documentary evidence submitted

RAJENDER REDDY GUNNA ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-6, HYDERABAD

In the result, appeal ITA

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

unexplained cash credit of Rs.42,41,280/- towards additions made on account of undisclosed income from land transactions on the basis of ‘Lokpriya’ notebook found during the course of survey. Accordingly, ground no.6 of the assessee is allowed. 56. The next issue that came-up for consideration from ground no.7 of assessee’s appeal is, addition towards donation from undisclosed

KANIPAKAM HARI PRASAD REDDY,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

PARIGE VENKAT RAM REDDY,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

SANJAY GARUDAPALLY,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

GUDURI VENKATA RAJU ,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3) , HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

GARUDAPALLY SHRUTHI GUPTA,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

PULLALAREVU ANUSHA ,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

GUDDURI VENKATA RAJU,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

TRICITIES SECURITY AND ALLIED SERVICES PRIVATE LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

GARUDAPALLY SHRUTHI GUPTA,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded

TRICITIES SECURITY AND ALLIED SERVICES PRIVATE LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

unexplained investment u/s 69 of Rs.2,50,25,000/- for the current AY made by the Assessing Officer, on account of unaccounted cash invested by the appellant towards purchase of villa, is held correct and accordingly ground no. 1, 2 & 7 are dismissed. The appellant has also challenged the notice u/s 153C of the Act. The Assessing Officer has recorded