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

section 153A/153C of the IT Act the AO can take into consideration material other than what was available during search and se1zure operation for making an assessment. Page 2 of 34 ITA Nos 508 and others Ascend Telcom Infrastructure P Ltd 5. The Id CIT(A) is not justified on facts and in law in deleting the addition . ignoring

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

section 153A/153C of the IT Act the AO can take into consideration material other than what was available during search and se1zure operation for making an assessment. Page 2 of 34 ITA Nos 508 and others Ascend Telcom Infrastructure P Ltd 5. The Id CIT(A) is not justified on facts and in law in deleting the addition . ignoring

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

section 153A/153C of the IT Act the AO can take into consideration material other than what was available during search and se1zure operation for making an assessment. Page 2 of 34 ITA Nos 508 and others Ascend Telcom Infrastructure P Ltd 5. The Id CIT(A) is not justified on facts and in law in deleting the addition . ignoring

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

section 153A/153C of the IT Act the AO can take into consideration material other than what was available during search and se1zure operation for making an assessment. Page 2 of 34 ITA Nos 508 and others Ascend Telcom Infrastructure P Ltd 5. The Id CIT(A) is not justified on facts and in law in deleting the addition . ignoring

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

section 153A/153C of the IT Act the AO can take into consideration material other than what was available during search and se1zure operation for making an assessment. Page 2 of 34 ITA Nos 508 and others Ascend Telcom Infrastructure P Ltd 5. The Id CIT(A) is not justified on facts and in law in deleting the addition . ignoring

CONCERD DRUGS LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-1(2), HYDERABAD

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

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamonyassessment Year: 2014-15 M/S. Concord Drugs Limited, Vs. Dcit, Hyderabad. Circle-1(2), Pan: Aaacc 8171 D Hyderabad. (Appellant) (Respondent) Assessee By: Sri P. Murali Mohan Rao Revenue By: Smt Nivedita Biswas, Dr Date Of Hearing: 27/08/2019 Date Of Pronouncement: 04/10/2019 Order Per A. Mohan Alankamony, Am.:

bogus. Accordingly, the Ld.AO added the same to the income of the assessee, disallowing the expenditure u/s.37(1) of the Act. 5. On appeal, the assessee explained before the Ld.CIT(A) that the assessee had erroneously disclosed incorrect names of its Sundry Creditors before the Ld.AO. Thereafter, the assessee submitted the invoices with respect to the purchases made for Rs.10

MUMTAZ ALI MOHD,HYDERABAD vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

Bench: Shri Manjunatha G. & Shri Ravish Sood(Hybrid Hearing) आ.अपी.सं /Ita No.1260/Hyd/2024 (िनधा"रण वष"/Assessment Year:2014-15) Mumtaz Ali Mohd, Vs. Income Tax Officer, Hyderabad. Ward-8(1), Pan: Abppm6593E Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri S. Rama Rao, Advocate राज" व "ारा/Revenue By: Shri K. Vonoth Kannan, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 06/01/2026 घोषणा की तारीख/Date Of 09/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Present Appeal Filed By The Assessee Is Directed Against The Order Passed By The Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre, Delhi, Dated 09/01/2024, Which In Turn Arises From The Order Passed By The Assessing Officer (For Short, “Ao”) Under Section 147 R.W.S 144B Of The Income Tax Act, 1961 (For Short, “The Act”), Dated 12/05/2023 For The Assessment Year (Ay) 2014-15. The Assessee Has Assailed The Impugned Order Of The Cit(A) On The Following Grounds Of Appeal:

2,93,42,300/- made during the subject year in his bank account with Jammu & Kashmir Bank. However, the assessee at the fag end of the assessment proceedings though filed before the AO copies of ledger account of expenses, sales and purchases, vouchers etc., but failed to furnish the Sales Tax/VAT/GST return, stock register, cash book and the details

DY. COMMISSIONER OF INCOME TAX , CIRCLE-1(2), HYDERABAD vs. CONCORD DRUGS LIMITED, HYDERABAD

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

Bench: Shri A. Mohan Alankamony & Sri S.S. Godaraa.Y. 2014-15 Dy. Commissioner Of Income Tax, Vs. Concord Drugs Limited, Circle-1(2), Hyderabad – 500 074. Hyderabad. Pan: Aaacc 8171 D (Appellant) (Respondent) Assessee By Sri P. Muralimohan Rao Revenue By Sri Y.V.S.T. Sai, Cit-Dr Date Of Hearing: 20/10/2021 Date Of Pronouncement: 29/11/2021 Order

2. The Revenue has raised six grounds in its appeal, and they are extracted herein below for reference: “(i) The order of the Ld. CIT(A) is erroneous on the facts as well as in law. (ii) The Ld. CIT(A) erred in setting aside the addition of Rs. 10,18,19,329/- made in respect of purchases

KAVERI INFRA PROJECT PVT LTD,WARANGAL vs. DCIT, CENTRAL CIRCLE -1(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

251 ITR 99/118 Taxman 324, wherein the Court held- "Learned Counsel for the assessee then drew our attention to the judgement of this Court in Sir Shadilal Sugar and General Mills Ltd. v. CIT [1987] 168 ITR 705. He submitted that the assessee had agreed to the additions to his income referred to hereinabove to buy peace

KAVERI INFRA PROJECT PVT LTD,WARANGAL vs. DCIT, CENTRAL CIRCLE-1(3),, HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

251 ITR 99/118 Taxman 324, wherein the Court held- "Learned Counsel for the assessee then drew our attention to the judgement of this Court in Sir Shadilal Sugar and General Mills Ltd. v. CIT [1987] 168 ITR 705. He submitted that the assessee had agreed to the additions to his income referred to hereinabove to buy peace

KAVERI POLYMERS,WARANGAL vs. DCIT, CENTRAL CIRCLE -1(3), HYDERABAD

In the result, the appeal of assessee is dismissed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

251 ITR 99/118 Taxman 324, wherein the Court held- "Learned Counsel for the assessee then drew our attention to the judgement of this Court in Sir Shadilal Sugar and General Mills Ltd. v. CIT [1987] 168 ITR 705. He submitted that the assessee had agreed to the additions to his income referred to hereinabove to buy peace

ITO., WARD-16(1), HYDERABAD vs. PHOENIX INFRAVENTURES AND PROJECTS PRIVATE LIMITED, HYDERABAD

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

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Bleassessment Year: 2022-23 The Income Tax Officer, Vs. Phoenix Infraventures & Projects Private Limited, Ward – 16(1), Hyderabad. Hyderabad. Pan No.Aafcp5499L. (Assessee) (Respondent) Assessee By: Shri R. Mohan Kumar, Advocate Revenue By: Shri B. Bala Krishna, Cit-Dr Date Of Hearing: 24.12.2024 Date Of Pronouncement: 24.02.2025

2. The brief facts of the case are that the assessee company filed its return of income for the assessment year 2022-23 u/s 139(1) of the Income Tax Act, 1961 and declared total income at Rs.Nil. The case was selected for scrutiny under CASS to verify low income and high investments / advances / loans and further high inflow