ACIT, CIRCLE-5(1), HYDERABAD vs. USHODAYA ENTERPRISES PRIVATE LIMITED, HYDERABAD

capital gains tax: It\nis an undisputed position that respondent assessee is an investment company\nand had invested by purchasing a substantial number of shares and thereby\nsecuring right to management. Possibility of sale of shares by private\nplacement etc. cannot be ruled out and is not all improbability. Dividend may or\nmay not be declared. Dividend is declared

KP ADVISORY SERVICES LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, appeal of the Assessee is partly allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha G.आ.अपी.सं /Ita No.1013/Hyd/2025 Assessment Year 2018-2019 Kp Advisory Services Llp, The Acit, Hyderabad. Pin–500 016. Vs. Central Circle-2(1), Telangana. Hyderabad. Pan Aarfk7349F (Appellant) (Respondent) िनधा"रती "ारा /Assessee By: Sri Sp Chidambaram, Advocate राज" व "ारा /Revenue By: Sri Ashutosh Pradhan, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 10.12.2025 घोषणा की तारीख/Pronouncement: 09.01.2026 आदेश/Order

Section 270A of the Act without appreciating the case in entirety 8. The Appellant craves leave to add to and/or to alter, amend, rescind, modify, withdraw all or any of the grounds of appeal herein above or add any further grounds may be considered necessary and to submit such statements, documents, facts and evidence as may be considered necessary either

VITP PRIVATE LIMITED,HYDERABAD vs. DCIT., CIRCLE8(1), HYDERABAD

gain and income from other sources\naggregating to Rs.8,54,52,625/-. After considering the submissions\nfiled by the assessee, the Ld. PCIT concluded that both the issues\nwere not examined by the Ld. AO during scrutiny assessment,\nhence treated the order of the Ld. AO as erroneous and prejudicial\nto the interest of the Revenue. Accordingly, vide order dated

SUJATHA KUMAR,BANASHANKARI vs. INCOME TAX OFFICER, WARD-1, GUDUR

In the result, appeal of the Assessee is allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1439/Hyd/2025 Assessment Year – 2016-2017 Mrs. Sujatha Kumar, The Income Tax Officer, Bengaluru – 560 085 Ward-1, Gudur-524101. Vs. Andhra Pradesh Pan Ahmpk3172C (Appellant) (Respondent) िनधा"रती "ारा /Assessee By: Ca Siddesh Nagraj Gaddi राज" व "ारा /Revenue By: Sri Abhinav Pitta, Sr. Ar

capital gain earned on the sale of equity shares of Rs.9,04,912/- without following the computation mechanism provided under the statute. 14. The Ld.AO has erred in not invoking the provisions of section 133(6) or in making reference to the verification unit to collate the required details instead of making high-pitched additions; 15. The Ld.AO has erred

BRIJESH CHANDWANI,HYDERABAD vs. DCIT., CIRCLE -6(1), HYDERABAD

gains if the net sale consideration from the transfer of a long-term capital asset (other than a residential house) is invested in the purchase or construction of one residential house within the prescribed time limits. The \"cost of the new asset includes both the purchase price and the cost of construction or improvement of the residential house. The Assessing

KAMISETTY ASHOK KUMAR (HUF),HYDERABAD vs. INCOME TAX OFFICER, WARD-15(1), HYDERABAD

In the result, the appeal of the assessee is allowed for\nstatistical purposes

capital gains and income from business, respectively, assessing total income at Rs.1,79,31,395/-.", "held": "The Tribunal held that the delay in filing the appeal before the CIT(A) was due to the assessee's delayed awareness of the assessment order, caused by the lapses of the previous consultant and the Karta residing abroad. The Tribunal condoned

GOVINDA RAJULU DHONDU,HYDERABAD vs. ACIT, CIRCLE-12(1), HYDERABAD

In the result, appeal filed by the assessee is partly allowed

Bench: Shri R.K. Panda & Shri K. Narasimha Charyassessment Year: 2019-20

capital gain in the return of income filed before the Authorities concerned in USA and paid tax equivalent to Indian Rupee of Rs.58,69,594/. Copy of the return of income filed in USA was also submitted. The assessee while filing the return of income in ITR-2 claimed tax credit for 58,69,594/- as per the computation statement

RAIN CEMENTS LIMITED, HYD,HYDERABAD vs. DCIT, CIRCLE-3(1), HYDERABAD, HYDERABAD

In the result, appeal filed by the assessee is allowed

Bench: Shri R.K. Panda & Shri K. Narasimha Charyassessment Year: 2008-09 M/S. Rain Cements Ltd Vs. Dy. Commissioner Of (Formerly Known As Rain Income Tax, Circle 3 (1) Cii Carbon (India) Ltd Hyderabad Hyderabad Pan:Aabcr8858F (Appellant) (Respondent) Assessee By: Advocate Prathishta Singh & Advocate Deepak Chopra Revenue By: Dr.Rajendra Kumar, Cit-Dr Date Of Hearing: 20/03/2023 Date Of Pronouncement: 31/05/2023 Order Per R.K. Panda, A.M This Appeal Filed By The Assessee Is Directed Against The Final Assessment Order Dated 24.03.2017 Passed U/S 143(3) R.W.S. 144C(5) R.W.S. 260 Of The I.T. Act For The A.Y 2008-09. 2. This Appeal Was Earlier Decided By The Tribunal Vide Order Dated 18.10.2019. Subsequently Vide Ma No.15/Hyd/2020, Dated 23.3.2021, The Tribunal Recalled The Entire Order For Fresh Adjudication. Therefore, This Is A Recalled Matter.

gain on exchange fluctuations income from services (termination fee received from Great Lakes Carbon Income Fund' income from carbon emission reductions and miscellaneous income. Out of these, incomes aggregating to Rs.6,13,94,923/ and Rs.6, 05,20, 726 were apportioned between 'exempt Units , It Is observed in audit that as these Incomes Page

KHAIRUNNISA,SECUNDERABAD vs. INCOME TAX OFFICER, WARD-11(3), HYDERABAD

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Laliet Kumarassessment Year: 2009-10 Khairunnisa, Vs. The Income Tax Officer, R/O.8-5-85, Ward 11(3), Road No.1, Hyderabad. Mallikarjuna Colony, Bowenpally, Secunderabad. Pan : Anvpk4801B. (Appellant) (Respondent) Assessee By: Ms. Sandhya, Advocate, Appeared Through Virtual Mode. Revenue By: Shri Rohit Mujumdar, Sr.A.R, Appeared Through Virtual Mode. Date Of Hearing: 24/01/2024 Date Of Pronouncement: 24/01/2024

section 147 r.w.s. 144 of the Income Tax Act, 1961 (in short, “the Act”). ITA No.24 /Hyd/2024 2. The grounds raised by the assessee read as under : “ 1. The order of the learned CIT (Appeals) is erroneous both on facts and in law. 2. The learned CIT (Appeals) erred in deciding the appeal ex parte when the appellant filed written

VASANTHI BIJJALA,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(1), HYDERABAD

In the result, we find no merit in the appeal filed by the assessee, which, being devoid and bereft of any substance, is dismissed

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1568/Hyd/2025 (िनधा"रण वष"/Assessment Year:2020-21) Vasanthi Bijjala, Vs. Acit, Hyderabad. Central Circle-2(1), Pan: Afipb2336M Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Y.V. Bhanu Narayan Rao, Ca राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 19/11/2025 घोषणा की तारीख/Date Of 03/12/2025 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Present Appeal Filed By The Assessee Is Directed Against The Order Passed By The Cit(Appeals)-12, Hyderabad, Dated 15.07.2025, Which In Turn Arises From The Order Passed By The Assessing Officer (For Short, “Ao”) Under Section 153C R.W.S. 144 Of The Income-Tax Act, 1961 (For Short, “Act”), Dated 25.02.2025, For The Assessment Year 2020-21. The Assessee Has Assailed The Impugned Order Of The Cit(Appeals) On The Following Grounds Of Appeal Before Us:

234B and 234C) without giving credit to the taxes paid at the time of filing the return of income for the AY 2020-21. 5. On the facts and in the circumstances of the case, the Hon. ITAT is requested to admit additional grounds/evidence, if any, as per the decision of the honourable Supreme Court in the case of NTPC

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ACE CONSTRUCTIONS, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE3-(4), HYDERABAD vs. ROYAL ENGINEERING, HYDERABAD

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

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

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

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

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

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

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

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

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A

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

In the result, appeal of Revenue in ITA No

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarsl. आ.अपी.सं / निर्धारणारण वर्ष अपीलार्थी / प्रत्‍यर्थी / No.

Capital Gain Tax) of Rs. 93,69,810/- Tax on normal rate on income Total Tax there on = 93,69,810/- Less : Rebate on Agri. Income = 0 Page 7 of 31 Add surcharge @ 0% 0 Total Tax (Tax+Surcharge) 93,69,810/- Add: Education cess @ 3% = 2,81,094/- 96,50,904/- Tax on total Income = Add: Interest u/s 234A