PARANJYOTHI THOTA,HYDERABAD vs. ACIT, CIRCLE-5(1), HYDERABAD

In the result, appeal filed by the assessee in ITA

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha G.आ.अपी.सं /Ita Nos. 2050 & 2079/Hyd/2025 (निर्धारण वर्ा/Assessment Year: 2012-13) Smt. Paran Jyothi Thota Vs. Asstt. Cit Hyderabad Circle 5(1) Pan:Ajqpt7772F Hyderabad (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Advocate C. Anurag रधजस् व द्वधरध/Revenue By: Dr. Sachin Kumar, Sr. Dr सुिवधई की तधरीख/Date Of Hearing: 12/02/2026 घोर्णध की तधरीख/Pronouncement: 25/02/2026 आदेश/Order Per Manjunatha, G. A.M. These Two Appeals Filed By The Assessee Are Directed Against The Separate Orders Passed By The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi, Dated 09/09/2025 & 25/09/2025, For The Assessment Year 2012-13. Page 1 Of 33

capital gain of Rs.17,63,438/- and completed the assessment under section 144 r.w.s. 147 of the Act on 23/12/2019 and determined the total income of the assessee at Rs.17,63,438/-. 4. Aggrieved by the assessment order, the assessee preferred an appeal before the Ld. CIT (A) and such appeal has been filed on 16/05/2023. During the course

PARANJYOTHI THOTA,HYDERABAD vs. ACIT, CIRCLE-5(1), HYDERABAD

In the result, appeal filed by the assessee in ITA

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha G.आ.अपी.सं /Ita Nos. 2050 & 2079/Hyd/2025 (निर्धारण वर्ा/Assessment Year: 2012-13) Smt. Paran Jyothi Thota Vs. Asstt. Cit Hyderabad Circle 5(1) Pan:Ajqpt7772F Hyderabad (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Advocate C. Anurag रधजस् व द्वधरध/Revenue By: Dr. Sachin Kumar, Sr. Dr सुिवधई की तधरीख/Date Of Hearing: 12/02/2026 घोर्णध की तधरीख/Pronouncement: 25/02/2026 आदेश/Order Per Manjunatha, G. A.M. These Two Appeals Filed By The Assessee Are Directed Against The Separate Orders Passed By The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi, Dated 09/09/2025 & 25/09/2025, For The Assessment Year 2012-13. Page 1 Of 33

capital gain of Rs.17,63,438/- and completed the assessment under section 144 r.w.s. 147 of the Act on 23/12/2019 and determined the total income of the assessee at Rs.17,63,438/-. 4. Aggrieved by the assessment order, the assessee preferred an appeal before the Ld. CIT (A) and such appeal has been filed on 16/05/2023. During the course

NIMMATOORI SULOCHANA,HYDERABAD vs. ACIT., CENTRAL CIRCLE 2(4), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

capital 8 ITA.Nos.602 & 603/Hyd./2025 gains was made during the assessment proceedings too. The Jt./Addl. CIT, Central Range-2, Hyderabad further noted that, the Assessing Officer at para 8.4 of the assessment order categorically rebutted the claim with the assertion that, the said villages are urban areas as they are a part of Hyderabad Metropolitan Region notified

NIMMATOORI YASHODA,HYDERABAD vs. DCIT., CENTRAL CIRCLE 2(4), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

capital 8 ITA.Nos.602 & 603/Hyd./2025 gains was made during the assessment proceedings too. The Jt./Addl. CIT, Central Range-2, Hyderabad further noted that, the Assessing Officer at para 8.4 of the assessment order categorically rebutted the claim with the assertion that, the said villages are urban areas as they are a part of Hyderabad Metropolitan Region notified

DCIT., CIRCLE 8(1), HYDERABAD vs. EAST INDIA PETROLEUM LIMITED, HYDERABAD

In the result, appeal filed by the Revenue is dismissed

Bench: Shri Manjunatha G. & Shri K.Narsimha Charyआ.अपी.सं /Ita No.1087/Hyd/2024 (निर्धारण वर्ा/Assessment Year: 2018-19) Deputy Commissioner Of Vs. East India Petroleum Income Tax Limited Circle-8(1)(Incharge) Hyderabad Hyderabad [Pan : Aaace4494K] (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Shri H.Srinivasulu, Ar रधजस् व द्वधरध/Revenue By: Ms.M.Narmada, Cit-Dr सुिवधई की तधरीख/Date Of Hearing: 16/01/2025 घोर्णध की तधरीख/Date Of 06/02/2025 Pronouncement: आदेश / Order Per. Manjunatha G., A.M: This Appeal Filed By The Revenue Is Directed Against Order Dated 19.08.2024 Of The Commissioner Of Income Tax (Appeals) [“Ld.Cit(A)”], National Faceless Appeal Centre (Nfac), Delhi, Pertaining To A.Y.2018-19. 2. The Brief Facts Of The Case Are That The Assessee, Engaged In The Business Of Providing Terminalling Services To Oil Marketing Companies For Storage Of Bulk Liquid Products Including Fuels Like High Speed Diesel, Motor Spirit, Petroleum

239 ITR 775 (SC). The learned counsel for the assessee further submitted that, there is no dispute with regard to the fact that the goodwill is an intangible asset within the meaning of section 32(1)(ii) of the Act and this fact has been reiterated by the Hon'ble Supreme Court in the case of CIT Vs. Smifs Securities

LATE NIMMATOORI RAJA BABU,HYDERABAD vs. ACIT., CENTRAL CIRCLE 2(4), HYDERABAD

In the result, ITA.Nos.596 & 597/Hyd

section 40A(3) read with Rule 6DD is incorrect.\nLearned Sr. AR further referring to certain judicial\nprecedents including decision cited by the Learned Counsel\nfor the Assessee in the case of Rakesh Ganapathy vs., JCIT\n[2025] 170 taxman.com 239 [ITAT-Bangalore] submitted\nthat, the facts in the above case are distinguishable from\nthe facts of the present case

NIMMATOORI RAMESH BABU,HYDERABAD vs. ACIT., CENTRAL CIRCLE 2(4), HYDERABAD

In the result, appeal ITA

Bench: Shri Manjunatha G & Shri Ravish Sood

section 40A(3) read with Rule 6DD is incorrect. Learned Sr. AR further referring to certain judicial precedents including decision cited by the Learned Counsel for the Assessee in the case of Rakesh Ganapathy vs., JCIT [2025] 170 taxman.com 239 [ITAT-Bangalore] submitted 15 ITA.Nos.594, 596 & 597 /Hyd./2025 that, the facts in the above case are distinguishable from

LATE NIMMATOORI RAJABABU L/R BY ANUDEEP NIMMATOORI,HYDERABAD vs. ACIT., CENTRAL CIRCLE 2(4), HYDERABAD

In the result, appeal ITA

Bench: Shri Manjunatha G & Shri Ravish Sood

section 40A(3) read with Rule 6DD is incorrect. Learned Sr. AR further referring to certain judicial precedents including decision cited by the Learned Counsel for the Assessee in the case of Rakesh Ganapathy vs., JCIT [2025] 170 taxman.com 239 [ITAT-Bangalore] submitted 15 ITA.Nos.594, 596 & 597 /Hyd./2025 that, the facts in the above case are distinguishable from

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.

239 ITR 297) has laid down the principle of first degree which has to be applied to determine whether the income can be eligible for deduction u/s 10B. Since there are series of decisions where the matter has travelled upto the Hon’ble Apex Court where it has been held that foreign exchange fluctuation gain, provisions written back and interest

DEMI REALTORS,HYDERABAD vs. DCIT, CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee is partly allowed for statistical purposes on the above terms

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

239/- made by the Assessing Officer by invoking provisions of section 40(a)(ia) of the Act. 12. The Id. CIT(A) erred in sustaining the addition of Rs.18,47,25,000 made by the AO on the alleged ground of not furnishing the confirmation letters from parties. The ld. CIT(A) as well as the AO failed to appreciate

DCIT-1, (INTERNATIONAL TAXATION), HYDERABAD vs. SYAMA REDDY MALIREDDY, HYDERABAD

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

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

gains at Rs.7,58,13,772/- 3. Feeling aggrieved by the order passed by the assessing officer, assessee filed appeal before the Ld. CIT(A), who granted part relief to the assessee. 3 Smt. Syama Reddy Malireddy 4. Feeling aggrieved by the order passed by the Ld. CIT(A), the Revenue is in appeal before us on the grounds mentioned

SAI LIFE SCIENCES LIMITED,HYDERABAD vs. DCIT., CIRCLE-3(1), HYDERABAD

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

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumarassessment Year: 2017-18 M/S.Sai Life Sciences Ltd Vs. Dy. C. I. T. Hyderabad Circle 3(1) Pan:Aaecs6143F Hyderabad (Appellant) (Respondent) Assessee By: Shri Ashik Shah, Ca Revenue By: Smt. Sheetal Sarin, Cit(Dr)

239 of the Paper Book, he submitted that the right to claim the legal title of the vehicles and the laptops is with the lessor and not with the assessee. Referring to the said decision, the learned Counsel for the assessee further submitted that the Hon'ble Supreme Court has held that any person (i.e. the lessee in the instant