SIVAPOTHULURU VEERAREDDY GADLURU, HYDERABAD,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-2(2), HYDERABAD

Appeals are treated as allowed for statistical purposes in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

16A of the Act. :- 11 -: ITA Nos. 1685 & 1686/Hyd/2017 Explanation. -For the purposes of this section, "Valuation Officer” shall have the same meaning as in clause (r) of section 2 of the Wealth-tax Act, 1957 (27 of 1957). Your Appellant submits that from the reading of section 50C(2) (a) and (b) it is clear that on the request

MURARI SUBHA RAO,SECUNDERABAD vs. INCOME TAX OFFICER, WARD-13(3), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri C.N. Prasad & Shri M. Balaganeshassessment Year: 2010-11 (Through Video Conference) Murari Subba Rao, Vs. Income-Tax Officer, Secunderabad. Ward – 13(1), Hyderabad. Pan – Aadpm 2285N (Appellant) (Respondent)

capital gains account scheme of Rs. 3,05,000/-. d) Receipts for expenses incurred incidental to transfer of plots. e) Copy of sale deeds. f) Copy of purchase agreement from Aliens Developers. g) Copy of PAN Card. h) Copy of Form No. 16 Admittedly this return was not selected for scrutiny by issuance of notice

VEERENDRA KUMAR PATEL,HYDERABAD vs. INCOME TAX OFFICER, WARD-4(2), HYDERABAD

In the result, appeal of the assessee is partly allowed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2013-14 Veerendra Kumar Patel, Vs. Income-Tax Officer, Hyderabad. Ward – 4(2), Hyderabad Pan – Agxpp 9795L Appellant Respondent Assessee By: Shri Siddharth Toshnival Revenue By: Shri R. Mohan Kumar Date Of Hearing: 15/04/2019 Date Of Pronouncement: 12/06/2019 O R D E R

capital gain on entire compensation in assessment year 2012-13 in terms of Section 45(5) of Income Tax Act, 1961. 6) That the learned CIT(Appeals) erred in sustaining an addition of Rs.11,50,000/- towards fixed deposit made in Bank from unexplained sources ignoring Appellant contention that Fixed Deposit was made out of cash deposited in Bank Account

ACIT, CC-3(1), HYDERABAD vs. LEPL PROJECTS LIMITED, VIJAYAWADA

The appeal of the Revenue is allowed for statistical purposes

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

gains and excess receipts from contract works, respectively, u/s 68 of the Act. Thereafter, the Assessing Officer passed assessment order on 31.12.2019 u/s 143(3) of the Act. 4. Feeling aggrieved by the order of Assessing Officer, assessee has filed the appeal before the ld.CIT(A) and the ld.CIT(A) had deleted the addition vide pages

DCIT, CIRCLE-13(1), HYDERABAD vs. THE SINGARENI COLLIERIES COMPANY LIMITED, KOTHAGUDEM

gains of business or\nprofession" of any previous year.]\n17. Firstly, we will deal with the issue under Section\n32(1)(iia) of the Act. A bare reading of the said provision,\nmake it abundantly clear that in case, any new machinery or\nplant (other than ships and aircraft), acquired and installed\nafter 31.03.2005 by an assessee engaged

DCIT., CIRCLE-13(1), HYDERABAD vs. THE SINGARENI COLLIERIES COMPANY LIMITED, KOTHAGUDEM

In the result, assessee’s appeals for the A

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita Nos.283, 284 & 286/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Singareni Collieries Vs. Acit, Circle – 1 Company Limited Khammam & Kothagudem Acit, Circle 13(1) Pan:Aaact8873F Hyderabad & आ.अपी.सं /Ita Nos.300, 301 & 308/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Vs. Singareni Collieries Dy. Cit, Circle 13(1) Company Limited Hyderabad Kothagudem Pan:Aaact8873F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M.V.Anil Kumar, Advocate राज" व "ारा/Revenue By:: Shri B Balakrishna, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 10/06/2025 घोषणा की तारीख/Pronouncement: 12/06/2025 आदेश/Order Per Bench: These 3 Sets Of Cross Appeals Filed By The Assessee As Well As The Revenue Are Directed Against The 3 Separate Orders All Dated 30/01/2024 Of The Learned Cit (A)-Nfac Delhi, For The A.Ys 2015-16, 2016-17 & 2020-21 Respectively. The Assessee As Well As The Revenue Have Raised The Following Grounds Of Appeals For 3 A.Ys:

gains of business or profession" of any previous year.] 17. Firstly, we will deal with the issue under Section 32(1)(iia) of the Act. A bare reading of the said provision, make it abundantly clear that in case, any new machinery or plant (other than ships and aircraft), acquired and installed after 31.03.2005 by an assessee engaged

SINGARENI COLLIERIES COMPANY LIMITED,KOTHAGUDEM vs. ACIT., CIRCLE- 1, KHAMMAM

In the result, assessee’s appeals for the A

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita Nos.283, 284 & 286/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Singareni Collieries Vs. Acit, Circle – 1 Company Limited Khammam & Kothagudem Acit, Circle 13(1) Pan:Aaact8873F Hyderabad & आ.अपी.सं /Ita Nos.300, 301 & 308/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Vs. Singareni Collieries Dy. Cit, Circle 13(1) Company Limited Hyderabad Kothagudem Pan:Aaact8873F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M.V.Anil Kumar, Advocate राज" व "ारा/Revenue By:: Shri B Balakrishna, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 10/06/2025 घोषणा की तारीख/Pronouncement: 12/06/2025 आदेश/Order Per Bench: These 3 Sets Of Cross Appeals Filed By The Assessee As Well As The Revenue Are Directed Against The 3 Separate Orders All Dated 30/01/2024 Of The Learned Cit (A)-Nfac Delhi, For The A.Ys 2015-16, 2016-17 & 2020-21 Respectively. The Assessee As Well As The Revenue Have Raised The Following Grounds Of Appeals For 3 A.Ys:

gains of business or profession" of any previous year.] 17. Firstly, we will deal with the issue under Section 32(1)(iia) of the Act. A bare reading of the said provision, make it abundantly clear that in case, any new machinery or plant (other than ships and aircraft), acquired and installed after 31.03.2005 by an assessee engaged

SINGARENI COLLIERIES COMPANY LIMITED,KOTHAGUDEM vs. ACIT., CIRCLE-1, KHAMMAM

In the result, assessee’s appeals for the A

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita Nos.283, 284 & 286/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Singareni Collieries Vs. Acit, Circle – 1 Company Limited Khammam & Kothagudem Acit, Circle 13(1) Pan:Aaact8873F Hyderabad & आ.अपी.सं /Ita Nos.300, 301 & 308/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Vs. Singareni Collieries Dy. Cit, Circle 13(1) Company Limited Hyderabad Kothagudem Pan:Aaact8873F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M.V.Anil Kumar, Advocate राज" व "ारा/Revenue By:: Shri B Balakrishna, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 10/06/2025 घोषणा की तारीख/Pronouncement: 12/06/2025 आदेश/Order Per Bench: These 3 Sets Of Cross Appeals Filed By The Assessee As Well As The Revenue Are Directed Against The 3 Separate Orders All Dated 30/01/2024 Of The Learned Cit (A)-Nfac Delhi, For The A.Ys 2015-16, 2016-17 & 2020-21 Respectively. The Assessee As Well As The Revenue Have Raised The Following Grounds Of Appeals For 3 A.Ys:

gains of business or profession" of any previous year.] 17. Firstly, we will deal with the issue under Section 32(1)(iia) of the Act. A bare reading of the said provision, make it abundantly clear that in case, any new machinery or plant (other than ships and aircraft), acquired and installed after 31.03.2005 by an assessee engaged

DCIT., CIRCLE-13(1), HYDERABAD vs. THE SINGARENI COLLIERIES COMPANY LTD, KOTHAGUDEM

In the result, assessee’s appeals for the A

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita Nos.283, 284 & 286/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Singareni Collieries Vs. Acit, Circle – 1 Company Limited Khammam & Kothagudem Acit, Circle 13(1) Pan:Aaact8873F Hyderabad & आ.अपी.सं /Ita Nos.300, 301 & 308/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2015-16, 2016-17 & 2020-21) Vs. Singareni Collieries Dy. Cit, Circle 13(1) Company Limited Hyderabad Kothagudem Pan:Aaact8873F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M.V.Anil Kumar, Advocate राज" व "ारा/Revenue By:: Shri B Balakrishna, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 10/06/2025 घोषणा की तारीख/Pronouncement: 12/06/2025 आदेश/Order Per Bench: These 3 Sets Of Cross Appeals Filed By The Assessee As Well As The Revenue Are Directed Against The 3 Separate Orders All Dated 30/01/2024 Of The Learned Cit (A)-Nfac Delhi, For The A.Ys 2015-16, 2016-17 & 2020-21 Respectively. The Assessee As Well As The Revenue Have Raised The Following Grounds Of Appeals For 3 A.Ys:

gains of business or profession" of any previous year.] 17. Firstly, we will deal with the issue under Section 32(1)(iia) of the Act. A bare reading of the said provision, make it abundantly clear that in case, any new machinery or plant (other than ships and aircraft), acquired and installed after 31.03.2005 by an assessee engaged

SINGARENI COLLIERIES COMPANY LIMITED,KOTHAGUDEM vs. DCIT., CIRCLE-13(1), HYDERABAD

In the result, assessee's appeals for the A

gains of business or\nprofession\" of any previous year.]\n17. Firstly, we will deal with the issue under Section\n32(1)(iia) of the Act. A bare reading of the said provision,\nmake it abundantly clear that in case, any new machinery or\nplant (other than ships and aircraft), acquired and installed\nafter 31.03.2005 by an assessee engaged

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-5(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because

THE ANDHRA PRADESH STATE CO-OPERATIVE BANK LTD,VIJAYAWADA vs. ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because

THE ANDHRA PRADESH STATE COOPERATIVE BANK LIMITED,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-5(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because

THE ANDHRA PRADESH STATE CO OPERATIVE BANK LIMITED,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-4(1), HYDERABAD

In the result, the S.As. filed by the assessee are dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

16A. The appellant has also submitted that out of Rs.306.81 crores loss borne by Cooperative Credit System, the APCOB share of loss was Rs.173.16 crores. Other DCCBS and PACS have the balance share of loss. Coming to the issue whether this loss is allowable or not, is the question. The Assessing Officer disallowed the claim of the appellant, firstly because