MIR IBRAHIM ALI,USA vs. ACIT, INT-TAX-1, HYDERABAD

In the result, the appeal of assessee in ITA No

Bench: Shri Vijay Pal Rao, Hon’Ble & Shri Manjunatha G. Hon’Bleआ.अपी.सं / Ita Nos.69 & 91/Hyd/2024 (निर्धारण वर्ा / Assessment Years: 2016-17 & 2018-19)

capital asset’, as defined under Section 2(14) of the Act, and the gain, if any, arising out of said transfer is taxable under the Act. Hence, the addition has rightly made by the Assessing Officer and upheld by the DRP. Therefore, the order of the AO should be upheld. 16. We have heard both the parties, perused the material

MIR IBRAHIM ALI,USA vs. ACIT, INT-TAX-1, HYDERABAD

In the result, the appeal of assessee in ITA No

Bench: Shri Vijay Pal Rao, Hon’Ble & Shri Manjunatha G. Hon’Bleआ.अपी.सं / Ita Nos.69 & 91/Hyd/2024 (निर्धारण वर्ा / Assessment Years: 2016-17 & 2018-19)

capital asset’, as defined under Section 2(14) of the Act, and the gain, if any, arising out of said transfer is taxable under the Act. Hence, the addition has rightly made by the Assessing Officer and upheld by the DRP. Therefore, the order of the AO should be upheld. 16. We have heard both the parties, perused the material

ABBAS ALI AKHIL,USA vs. ACIT-INT-TAX-1,, HYDERABAD

In the result, the appeal of assessee in ITA No

Bench: Shri Vijay Pal Rao, Hon’Ble & Shri Manjunatha G. Hon’Bleआ.अपी.सं / Ita Nos.69 & 91/Hyd/2024 (निर्धारण वर्ा / Assessment Years: 2016-17 & 2018-19)

capital asset’, as defined under Section 2(14) of the Act, and the gain, if any, arising out of said transfer is taxable under the Act. Hence, the addition has rightly made by the Assessing Officer and upheld by the DRP. Therefore, the order of the AO should be upheld. 16. We have heard both the parties, perused the material

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

2), Hyderabad had communicated through e-mail to the jurisdictional AO with respect to passing of information u/s 153C in the case of appellant along with satisfaction duly recorded in compliance with the provisions of section 153C of the IT Act on 03.01.2020. It is also seen that the incriminating evidence seized, including records showing payments to the appellant which

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

2), Hyderabad had communicated through e-mail to the jurisdictional AO with respect to passing of information u/s 153C in the case of appellant along with satisfaction duly recorded in compliance with the provisions of section 153C of the IT Act on 03.01.2020. It is also seen that the incriminating evidence seized, including records showing payments to the appellant which

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

2), Hyderabad had communicated through e-mail to the jurisdictional AO with respect to passing of information u/s 153C in the case of appellant along with satisfaction duly recorded in compliance with the provisions of section 153C of the IT Act on 03.01.2020. It is also seen that the incriminating evidence seized, including records showing payments to the appellant which

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

2), Hyderabad had communicated through e-mail to the jurisdictional AO with respect to passing of information u/s 153C in the case of appellant along with satisfaction duly recorded in compliance with the provisions of section 153C of the IT Act on 03.01.2020. It is also seen that the incriminating evidence seized, including records showing payments to the appellant which

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

In the result, appeal of the Assessee partly allowed

153C", "144C(3)", "127", "2(47)", "2(47)(v)", "53A", "234A", "132", "142(1)", "143(2)", "124(3)(a)", "54F", "148" ], "issues": "Whether the transaction constituted a 'transfer' under Section 2(47) of the Income Tax Act, 1961, attracting 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

2), Hyderabad had\ncommunicated through e-mail to the jurisdictional AO with respect to passing\nof information u/s 153C in the case of appellant along with satisfaction duly\nrecorded in compliance with the provisions of section 153C of the IT Act on\n03.01.2020. It is also seen that the incriminating evidence seized, including\nrecords showing payments to the appellant which

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 :

2 3. The brief facts of the case are that, the assessee is an individual, filed her return of income for the assessment year 2019-20 on 01.10.2019 declaring total income of Rs.28,420/-. Later on, the assessee filed a revised return on 31.12.2019 admitting total income of Rs.63,420/-. A search was conducted ITA No.1355/Hyd/2024 3 on a third

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

VENKAT RAJASEKHAR KONERU,HYDERABAD vs. ACIT, CENTRAL CIRCLE-1(1), HYDERABAD

In the result, all the appeals of the assessees are dismissed

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Ble

2) dt.30.06.2021 and notice u/s 142(1) dt.18.11.2021 were issued to the assessee. As there was no compliance to the said notices, show cause notice dt.10.12.2021 was issued, for which assessee furnished information. However, the submissions of the assessee were not accepted by the Assessing Officer. During the verification, Assessing Officer observed that the income arising out of the above

BANDI SUDHEER REDDY ,HYDERABAD vs. ACIT, CENTRAL CIRCLE-1(4), HYDERABAD

In the result, all the appeals of the assessees are dismissed

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Ble

2) dt.30.06.2021 and notice u/s 142(1) dt.18.11.2021 were issued to the assessee. As there was no compliance to the said notices, show cause notice dt.10.12.2021 was issued, for which assessee furnished information. However, the submissions of the assessee were not accepted by the Assessing Officer. During the verification, Assessing Officer observed that the income arising out of the above

PRAMOD REDDY TEKULA,HYDERABAD vs. ACIT,CENTRAL CIRCLE-1(1), HYDERABAD

In the result, all the appeals of the assessees are dismissed

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Ble

2) dt.30.06.2021 and notice u/s 142(1) dt.18.11.2021 were issued to the assessee. As there was no compliance to the said notices, show cause notice dt.10.12.2021 was issued, for which assessee furnished information. However, the submissions of the assessee were not accepted by the Assessing Officer. During the verification, Assessing Officer observed that the income arising out of the above

SRI VENKATESH DEVELOPERS ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Ravish Sooda N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1687/Hyd/2019 (िनधा"रण वष"/Assessment Year: 2009-10) M/S Shri Venkatesh Vs. Asstt. Commissioner Of Developers, Hyderabad Income Tax, Circle 4(1) Pan:Abcfs6497A Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri K.C. Devdas, Ca राज" व "ारा/Revenue By:: Ms. Payal Gupta, Sr.Dr सुनवाई की तारीख/Date Of Hearing: 06/11/2025 घोषणा की तारीख/Pronouncement: 14/11/2025 आदेश/Order Per Madhusudan Sawdia, A.M.:

Capital Gain computed by AO, the learned CIT(Appeal) should not have ignored the Indexed Cost of the expenditure incurred by the assessee from Page 2 of 9 ITA No 1687 of 2019 Sri Venkatesh Developers FY 2004-05 to 2007-08 and the entire expenditure is further supported by the fact that all is by Account Payee Cheques, hence

SYED AHMED ZEESHANUDDIN,HYDERABAD vs. ADIT (INTERNATIONAL TAXATION)-2 , HYDERABAD

In the result, appeal filed by the assessee in I

Bench: Shri Manjunatha G. & Shri K.Narasimha Charyआ.अपी.सं / Ita No.156/Hyd/2024 (निर्धारण वर्ा / Assessment Year: 2017-18)

section 56(2)(vii) of the Act, and passed draft assessment order u/s 144C(1) on 31.03.2023, determining total income at Rs.4,11,26,293/-. 4. The assessee has filed objections against draft assessment order before DRP on 28.04.2023 and challenged proposed additions made by the Ld.AO towards computation of long-term capital gains and additions towards cash consideration

ASRA AHMED ,HYDERABAD vs. ADIT (INTERNATIONAL TAXATION)-2, HYDERABAD

In the result, appeal filed by the assessee in I

Bench: Shri Manjunatha G. & Shri K.Narasimha Charyआ.अपी.सं / Ita No.156/Hyd/2024 (निर्धारण वर्ा / Assessment Year: 2017-18)

section 56(2)(vii) of the Act, and passed draft assessment order u/s 144C(1) on 31.03.2023, determining total income at Rs.4,11,26,293/-. 4. The assessee has filed objections against draft assessment order before DRP on 28.04.2023 and challenged proposed additions made by the Ld.AO towards computation of long-term capital gains and additions towards cash consideration