ITO, WARD-7(3), HYD, HYDERABAD vs. KOSETTY NAGARAJU, HYD, HYDERABAD

In the result, appeal of the assessee in ITA No

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

section 153C are not attracted in the present case, since the AO who was having the 21 I.T.A. No. 342/Hyd/15 and others Kosetty Koshore and others jurisdiction over the searched person did not form 'satisfaction' required as per the said provisions to transfer the related material as he was of the opinion that the entire capital gains

ITO, WARD-7(3), HYD, HYDERABAD vs. KOSETTY KISHORE, HYD, HYDERABAD

In the result, appeal of the assessee in ITA No

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

section 153C are not attracted in the present case, since the AO who was having the 21 I.T.A. No. 342/Hyd/15 and others Kosetty Koshore and others jurisdiction over the searched person did not form 'satisfaction' required as per the said provisions to transfer the related material as he was of the opinion that the entire capital gains

K GOPAL RAJ, HYD,HYDERABAD vs. DCIT, CEN.CIRCLE-1(3), HYD, HYDERABAD

In the result, appeal of the assessee in ITA No

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

section 153C are not attracted in the present case, since the AO who was having the 21 I.T.A. No. 342/Hyd/15 and others Kosetty Koshore and others jurisdiction over the searched person did not form 'satisfaction' required as per the said provisions to transfer the related material as he was of the opinion that the entire capital gains

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

153C are given as under: As can be seen from the remand report that the seized loose sheets contained details of transactions directly linked to the property owned by the appellant which has not been disputed by the appellant and the appellant itself has disclosed capital gain on the sale of sale land by considering the 50C value of land

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

153C are given as under: As can be seen from the remand report that the seized loose sheets contained details of transactions directly linked to the property owned by the appellant which has not been disputed by the appellant and the appellant itself has disclosed capital gain on the sale of sale land by considering the 50C value of land

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

153C are given as under: As can be seen from the remand report that the seized loose sheets contained details of transactions directly linked to the property owned by the appellant which has not been disputed by the appellant and the appellant itself has disclosed capital gain on the sale of sale land by considering the 50C value of land

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

153C are given as under: As can be seen from the remand report that the seized loose sheets contained details of transactions directly linked to the property owned by the appellant which has not been disputed by the appellant and the appellant itself has disclosed capital gain on the sale of sale land by considering the 50C value of land

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

153C are given as under:\nAs can be seen from the remand report that the seized loose sheets contained\ndetails of transactions directly linked to the property owned by the appellant\nwhich has not been disputed by the appellant and the appellant itself has\ndisclosed capital gain on the sale of sale land by considering the 50C value of\nland

VIJETHA DONTHIRI,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Ravish Sood & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1355/Hyd/2024 (निर्धारण वर्ा/Assessment Year:2019-20) Vijetha Donthiri, Asst. Commissioner Of Income Vs. Hyderabad. Tax, Central Circle 2(4), Pan:Alqpd4873P Hyderabad. (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Shri M.V. Prasad, C.A. रधजस् व द्वधरध/Revenue By: Shri Gurpreet Singh, Sr-Dr सुिवधई की तधरीख/ 05/08/2025 Date Of Hearing: घोर्णध की तधरीख/ 20/08/2025 Pronouncement: आदेश/Order Per Madhusudan Sawdia, A.M.: This Appeal Is Filed By Vijetha Donthiri (“The Assessee”), Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-12, Hyderabad (“Ld. Cit(A)”), Dated 29.11.2024 For The A.Y. 2019-20. 2. The Assessee Has Raised The Following Grounds Of Appeal :

section 153C of the Act on 22.11.2022 for A.Y. 2019-20. After pursuing the submission of the assessee, the Ld. AO reworked the assessee’s Long Term Capital Gains

C VAMSI KRISHNA ,HYDERABAD vs. DY.COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, HYDERABAD

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarassessment Year: 2010-11 C.Vamsi Krishna V Dcit,Cc-2 Flat No.-401 S. Aaykar Bhawan Rohiwal Windsor Basheerbagh Apartment, Hill Fort Road Hyderabad-500 04 Saifabad Hyderabad-500 004

Capital Gain: Rs. 1,01,05,000/- 4. The learned CIT(A) failed to appreciate that the Appellant received a sale consideration of only Rs.42,24,000/ - in respect of his property in question. The alleged receipt of Rs.1,08,08,000/ - is only a guess work for which there is no evidence. 5. Further, the learned CIT(A) failed

NAVEEN KUMAR MUSINIPALLY,USA vs. ADIT (INT-TAXN)-1, HYDERABAD

In the result, appeal of the Assessee partly allowed

capital gains arising on the development agreement under Section 153C r.w.s 144C(3) of the Income Tax Act 1961 ('the Act') in the subject

VASAMSETTY VEERA VENKATA SATYANARAYANA,HYDERABAD vs. INCOME TAX OFFICER,WARD-4(1), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

capital gain as well as indexation cost. It was further submitted that the document relates to the assessee and therefore, the lower authorities had relied upon this document for the purpose of deciding the issue against the assessee. 11. We have heard the rival submissions and perused the material on record, including the registered sale deed and section 153C

VIJAYARAGHAVAN LAKSHMI,,CHENNAI vs. ACIT, CIRCLE-1(2), HYDERABAD

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

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyassessment Year: 2016-17 Mrs. Vijayaraghavan Vs. Acit, Central Circle-1(2) Lakshmi Aaykar Bhawan Ground Floor, Block-A Opp:L.B.Stadium Prince Villa, New No.15 Basheerbagh Rajamannar Street Hyderabad Teynampet Chennai-600 018 Tamilnadu

153C, all other provisions of this Act shall apply to the assessment or reassessment made under section 153A. It is also clarified that assessment or reassessment made under section 153A shall be subject to interest penalty and prosecution, if applicable. In the assessment or reassessment made in respect of an assessment year under this section, 4 ITA 260/Hyd/2022

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE 3(4), HYDERABAD vs. ORBIT VENTURES, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

Capital Gain Tax) of Rs. Tax on normal rate on income 67,69,674/- Total Tax there on = 67,69,674/- Less : Rebate on Agri. Income = 0 Add surcharge @ 0% 0 67,69,674/- Total Tax (Tax+Surcharge) 2,03,090/- Add: Education cess @ 3% = 69,72,765/- Tax on total Income = 64,14,943/- Add: Interest u/s 234A

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(4), HYDERABAD vs. ORBIT VENTURES, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

Capital Gain Tax) of Rs. Tax on normal rate on income 67,69,674/- Total Tax there on = 67,69,674/- Less : Rebate on Agri. Income = 0 Add surcharge @ 0% 0 67,69,674/- Total Tax (Tax+Surcharge) 2,03,090/- Add: Education cess @ 3% = 69,72,765/- Tax on total Income = 64,14,943/- Add: Interest u/s 234A

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ORBIT VENTURES, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

Capital Gain Tax) of Rs. Tax on normal rate on income 67,69,674/- Total Tax there on = 67,69,674/- Less : Rebate on Agri. Income = 0 Add surcharge @ 0% 0 67,69,674/- Total Tax (Tax+Surcharge) 2,03,090/- Add: Education cess @ 3% = 69,72,765/- Tax on total Income = 64,14,943/- Add: Interest u/s 234A

ORBIT VENTURES,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

Capital Gain Tax) of Rs. Tax on normal rate on income 67,69,674/- Total Tax there on = 67,69,674/- Less : Rebate on Agri. Income = 0 Add surcharge @ 0% 0 67,69,674/- Total Tax (Tax+Surcharge) 2,03,090/- Add: Education cess @ 3% = 69,72,765/- Tax on total Income = 64,14,943/- Add: Interest u/s 234A

ORBIT VENTURES,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

Capital Gain Tax) of Rs. Tax on normal rate on income 67,69,674/- Total Tax there on = 67,69,674/- Less : Rebate on Agri. Income = 0 Add surcharge @ 0% 0 67,69,674/- Total Tax (Tax+Surcharge) 2,03,090/- Add: Education cess @ 3% = 69,72,765/- Tax on total Income = 64,14,943/- Add: Interest u/s 234A