ACIT., CIRCLE-5(1), HYDERABAD vs. PENNA CEMENT INDUSTRIES LIMITED, HYDERABAD

37(1) of the Act. The company can claim deduction for hundred percent of the donation of Rs. 1 crores paid to Prime Minister's National Relief Fund u/s 80G(2)(iiia) read with section 80G(1)(i) of the Act. The company claim deduction to the extent of fifty percent of the donation of Rs. 1 crores paid

VILAS POLYMER PRIVATE LIMITED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the six appeals i

Bench: Shri Vijay Pal Rao & Shri Manjunatha G.आ.अपी.सं /Ita Nos.1870 To 1875/Hyd/2025 Assessment Years 2014-2015 To 2019-2020 Vilas Polymer Private The Dcit, Limited, Hyderabad. Central Circle-1(2), Vs. Pin – 500 090 Hyderabad – 500 004. Pan Aaacv9854A Telangana. (Appellant) (Respondent) िनधा"रती "ारा /Assessee By: Ca M V Prasad राज" व "ारा /Revenue By: Dr. Narendra Kumar Naik, Cit- Dr सुनवाई की तारीख/Date Of Hearing: 19.01.2026 घोषणा की तारीख/Pronouncement: 18.02.2026 आदेश/Order

37 of the paper book as under: 53 ITA.Nos.1870 to 1875/Hyd./2025 54 ITA.Nos.1870 to 1875/Hyd./2025 M/s. ACE TYRES Pvt. LTD – AY : 2015-16 19. Recommendations of As submitted in the proposal, the Addl/JCIT a warrant of authorization u/s 132 of the L.T. Act was executed on the assessee on 04.01.2023. The AO has in his possession

VILAS POLYMER PRIVATE LIMITED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the six appeals i

Bench: Shri Vijay Pal Rao & Shri Manjunatha G.आ.अपी.सं /Ita Nos.1870 To 1875/Hyd/2025 Assessment Years 2014-2015 To 2019-2020 Vilas Polymer Private The Dcit, Limited, Hyderabad. Central Circle-1(2), Vs. Pin – 500 090 Hyderabad – 500 004. Pan Aaacv9854A Telangana. (Appellant) (Respondent) िनधा"रती "ारा /Assessee By: Ca M V Prasad राज" व "ारा /Revenue By: Dr. Narendra Kumar Naik, Cit- Dr सुनवाई की तारीख/Date Of Hearing: 19.01.2026 घोषणा की तारीख/Pronouncement: 18.02.2026 आदेश/Order

37 of the paper book as under: 53 ITA.Nos.1870 to 1875/Hyd./2025 54 ITA.Nos.1870 to 1875/Hyd./2025 M/s. ACE TYRES Pvt. LTD – AY : 2015-16 19. Recommendations of As submitted in the proposal, the Addl/JCIT a warrant of authorization u/s 132 of the L.T. Act was executed on the assessee on 04.01.2023. The AO has in his possession

VILAS POLYMER PRIVATE LIMITED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD, HYDERABAD

In the result, all the six appeals i

Bench: Shri Vijay Pal Rao & Shri Manjunatha G.आ.अपी.सं /Ita Nos.1870 To 1875/Hyd/2025 Assessment Years 2014-2015 To 2019-2020 Vilas Polymer Private The Dcit, Limited, Hyderabad. Central Circle-1(2), Vs. Pin – 500 090 Hyderabad – 500 004. Pan Aaacv9854A Telangana. (Appellant) (Respondent) िनधा"रती "ारा /Assessee By: Ca M V Prasad राज" व "ारा /Revenue By: Dr. Narendra Kumar Naik, Cit- Dr सुनवाई की तारीख/Date Of Hearing: 19.01.2026 घोषणा की तारीख/Pronouncement: 18.02.2026 आदेश/Order

37 of the paper book as under: 53 ITA.Nos.1870 to 1875/Hyd./2025 54 ITA.Nos.1870 to 1875/Hyd./2025 M/s. ACE TYRES Pvt. LTD – AY : 2015-16 19. Recommendations of As submitted in the proposal, the Addl/JCIT a warrant of authorization u/s 132 of the L.T. Act was executed on the assessee on 04.01.2023. The AO has in his possession

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, appeal filed by the assessee is allowed

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha G.आ.अपी.सं /Ita No.1894/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2014-15) M/S. Exel Rubber (P) Ltd Vs. Dy.Cit Hyderabad Central Circle 1(2) Pan:Aaace4495J Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M.V. Prasad, Ca राज" व "ारा/Revenue By: Dr. Narendra Kumar Naik, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 20/01/2026 घोषणा की तारीख/Pronouncement: 18/02/2026 आदेश/Order Per Manjunatha, G. A.M. This Appeal Is Filed By The Assessee Is Directed Against The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-11 Hyderabad, Dated 11/10/2025 For The A.Y 2014-15. 2. The Assessee Has Raised The Following Grounds Of Appeal:

37 of the paper book as under: Page 50 of 74 ITA No 1894 of 2025 Exel Rubber Private Ltd M/s. ACE TYRES Pvt. LTD – AY : 2015-16 19 Recommendatio As submitted in the proposal, a ns of the warrant of authorization u/s Additional/JCIT 132 of the L.T. Act was executed on the assessee

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

37 of the paper book as under:\nAnnexure-A2\nProforma for approval by the Specified Authority\nM/s Ace Tyres Private Limited\n314 & 315, Coca Cola Road,\nAmeenpur Road,\nBachupally Village, Hyderabad\n1.\nName of the assessee\n2.\nAddress & e-Mail of the assessee\n3.\nPAN\n4.\nStatus\nAADCA2210N\nCompany\n5.\nCircle/Ward/Range/CITCharge\nCentral Circle-1(2), Hyd\n6.\n Assessment year

EXEL RUBBER PRIVATE LIMITED,K.V.RANGAREDDY vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

37 of the paper book as under:\n\nM/s Ace Tyres Private Limited\n314 & 315, Coca Cola Road,\nAmeenpur Road,\nBachupally Village, Hyderabad\nAADCA2210N\n2015-16\nCompany\nCentral Circle-1(2), Hyd\nRs.6,08,84,018/-\nOrder u/s148A(d) required for issuance of\nnotice u/s148\nOrder u/s 148A(d) for dropping proceedings\nIssue of notice u/s 148 where there

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. ACIT.,CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

37 of the paper book as under:\nM/s Ace Tyres Private Limited\n314 & 315, Coca Cola Road,\nAmeenpur Road,\nBachupally Village, Hyderabad\nAnnexure-A2\nProforma for approval by the Specified Authority\n1.\nName of the assessee\n2.\nAddress & e-Mail of the assessee\n3.\nPAN\n4.\nStatus\nCompany\n5.\nCircle/Ward/Range/CITCharge\nCentral Circle-1(2), Hyd\n6.\n Assessment year\n2015

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

37 of the paper book as under:\n\nAnnexure-A2\n\nProforma for approval by the Specified Authority\n\n1.\nName of the assessee\nM/s Ace Tyres Private Limited\n2.\nAddress & e-Mail of the assessee\n314 & 315, Coca Cola Road,\nAmeenpur Road,\nBachupally Village, Hyderabad\n3.\nPAN\nAADCA2210N\n4.\nStatus\nCompany\n5.\nCircle/Ward/Range/CITCharge\nCentral Circle

ACIT., CIRCLE-5(1), HYDERABAD vs. PENNA CEMENT INDUSTRIES LIMITED, HYDERABAD

37(1) of the Act.\nThe company can claim deduction for hundred percent of the\ndonation of Rs. 1 crores paid to Prime Minister's National Relief\nFund u/s 80G(2)(iiia) read with section 80G(1)(i) of the Act.\nThe company claim deduction to the extent of fifty percent of the\ndonation of Rs. 1 crores paid

ASSISTANT COMMISSIONER OF INCOME TAX,CENTRAL CIRCLE-2(1) , HYDERABAD vs. S A BUILDERS AND DEVELOPERS , HYDERABAD

The appeals of the Revenue are dismissed

section 153A is bad in law, the\nassessment has no leg to stand and the same is required to be\nquashed.\n10. Without prejudice to above legal contention the appellant\ncontends that following additions are liable to be deleted on\nmerits.\n(i)\nCreditors Appearing under Loans &\nAdvances (Asset)\nRs.1,44,86,500\nSl.No.\nName of the Customer\nClosing Balance

S A BUILDERS & DEVELOPERS ,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE-1(2) , HYDERABAD

In the result, Ground Nos

section 153A is bad in law, the\nassessment has no leg to stand and the same is required to be\nquashed.\n10. Without prejudice to above legal contention the appellant\ncontends that following additions are liable to be deleted on\nmerits.\n(i)\nCreditors Appearing under Loans &\nAdvances (Asset)\nRs.1,44,86,500\nSl.No.\nName of the Customer\nClosing Balance

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

In the result, appeals of the assessee for the A

37 of 78\n\n21.\nThe description of these transactions as receipts as\nwell as payments are also mentioned in the seized documents.\nHowever, neither the search party nor the Assessing Officer has\nmade any effort to ascertain and bifurcate the transactions\nrelated to each of the entity and further the nature of these\nreceipts and payments

ACIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD vs. NCC LIMITED, HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

Purchase Scheme) Guidelines, 1999. 12. So far as reliance place by the revenue in the case of Infosys Technologies Ltd.(supra) is concerned, it is noteworthy that in the aforesaid decision, the Supreme Court was dealing with a proceeding under section 201 of the Act for non-deduction of tax at source and it was held that there

ACIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD vs. NCC LIMITED, HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

Purchase Scheme) Guidelines, 1999. 12. So far as reliance place by the revenue in the case of Infosys Technologies Ltd.(supra) is concerned, it is noteworthy that in the aforesaid decision, the Supreme Court was dealing with a proceeding under section 201 of the Act for non-deduction of tax at source and it was held that there

NCC LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

Purchase Scheme) Guidelines, 1999. 12. So far as reliance place by the revenue in the case of Infosys Technologies Ltd.(supra) is concerned, it is noteworthy that in the aforesaid decision, the Supreme Court was dealing with a proceeding under section 201 of the Act for non-deduction of tax at source and it was held that there

NCC LIMITED, ,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(1),, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

Purchase Scheme) Guidelines, 1999. 12. So far as reliance place by the revenue in the case of Infosys Technologies Ltd.(supra) is concerned, it is noteworthy that in the aforesaid decision, the Supreme Court was dealing with a proceeding under section 201 of the Act for non-deduction of tax at source and it was held that there

ACIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD vs. NCC LIMITED, HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

Purchase Scheme) Guidelines, 1999. 12. So far as reliance place by the revenue in the case of Infosys Technologies Ltd.(supra) is concerned, it is noteworthy that in the aforesaid decision, the Supreme Court was dealing with a proceeding under section 201 of the Act for non-deduction of tax at source and it was held that there

ACIT, CENTRAL CIRCLE-1(1), HYDERABAD, HYDERABAD vs. NCC LIMITED, HYDERABAD, HYDERABAD

Accordingly, we delete the same. Thus, this ground is partly allowed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

Purchase Scheme) Guidelines, 1999. 12. So far as reliance place by the revenue in the case of Infosys Technologies Ltd.(supra) is concerned, it is noteworthy that in the aforesaid decision, the Supreme Court was dealing with a proceeding under section 201 of the Act for non-deduction of tax at source and it was held that there