MALLA REDDY EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

MALLA REDDY EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

CMR TECHNICAL EDUCATION SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

CMR TECHNICAL EDUCATION SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

K M R EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

K M R EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

CHANDRAMMA EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

CHANDRAMMA EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

CMR ENGINEERING EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

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

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

NETENRICH TECHNOLOGIES PRIVATE LIMITED,HYDERABAD vs. DCIT., CIRCLE - 5(1), HYDERABAD

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

Bench: SHRI MANJUNATHA G. (Accountant Member), SHRI K.NARASIMHA CHARY (Judicial Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

MARUTHI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

MARRI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(1), HYDERABAD

In the result, the appeal filed by the assessee in ITA

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

loss to the revenue. In the present case, going by the assessment made by the A.O. towards cash found during the course of search in the hands of individuals on substantive basis and on protective basis, it is very clear that the A.O. himself is not sure about ownership of cash to the appellant society. Therefore, on the basis

ACIT., EXEMPTIONS CIRCLE-1(1), HYDERABAD vs. PHARMACEUTICALS EXPORT PROMOTION COUNCIL OF INDIA, HYDERABAD

In the result, the appeal of Revenue is allowed

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Bleassessment Year: 2016-17 The Assistant Commissioner Vs. Pharmaceuticals Export Of Income Tax, Promotion Council Of India, Exemptions, Circle – 1(1), Hyderabad. Hyderabad. Pan : Aadcp4643C (Appellant) (Respondent) Assessee By: Shri Rv. Chalam, C.A. Revenue By: Shri B. Balakrishna, Cit-Dr Date Of Hearing: 10.02.2025 Date Of Pronouncement: 11.02.2025

forward by the learned Standing Counsel for the Revenue was that the expenditure, even if it is considered as application of the income, was outside India and the mandate of the Section is that the income should be applied in India to charitable purposes and this condition not having been satisfied, the Tribunal was clearly wrong in holding that

SEVA BHARATHI,HYDERABAD vs. ITO., EXEMPTION WARD 1(4), HYDERABAD

In the result, ITA.No.1307/Hyd

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.365 & 1307/Hyd/2025 िनधा"रण वष"/Assessment Year 2022-2023 Seva Bharathi, The Commissioner Of Hyderabad – 500 018. Income Tax Vs. Telangana. (Exemptions), Ward-1(4), Pan Aayts5233K Hyderabad – 500 004. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Ca Sri Harsha राज" व "ारा/Revenue By:: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 08.10.2025 घोषणा की तारीख/Pronouncement: 15.10.2025 आदेश/Order Per Vijay Pal Rao:

carry forward losses in the revised return of income). (ii) Secondly, the Hon'ble Supreme Court in the case of Wipro Limited held that section 10B of the Act is an "exemption provision" and hence, assessee claiming such exemption has to be "strictly" comply with the exemption provisions. However, notably, the Hon'ble Supreme Court in the case

SEVA BHARATHI,HYDERABAD vs. CIT., EXEMPTION WARD 1(4), HYDERABAD

In the result, ITA.No.1307/Hyd

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.365 & 1307/Hyd/2025 िनधा"रण वष"/Assessment Year 2022-2023 Seva Bharathi, The Commissioner Of Hyderabad – 500 018. Income Tax Vs. Telangana. (Exemptions), Ward-1(4), Pan Aayts5233K Hyderabad – 500 004. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Ca Sri Harsha राज" व "ारा/Revenue By:: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 08.10.2025 घोषणा की तारीख/Pronouncement: 15.10.2025 आदेश/Order Per Vijay Pal Rao:

carry forward losses in the revised return of income). (ii) Secondly, the Hon'ble Supreme Court in the case of Wipro Limited held that section 10B of the Act is an "exemption provision" and hence, assessee claiming such exemption has to be "strictly" comply with the exemption provisions. However, notably, the Hon'ble Supreme Court in the case

HYDERABAD TITANS ROUND TABLE CHARITABLE TRUST,HYDERABAD vs. COMMISSIONER OF INCOME TAX (EXEMPTION), HYDERABAD

In the result, assessee’s appeal is treated as allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamony

loss basis in order to provide proper accommodation to the students for the purpose of obtaining education. 5 The Learned Commissioner erred in concluding that the activities mentioned in community activity report are not reflecting in the accounts. The said allegation is denied and the Learned Commissioner was in error in not appreciating the accounts. 6 The appellant placed full

DCIT (EXEMPTIONS), CIRCLE 1(1), HYDERABAD vs. NATIONAL INSTITUTE OF RURAL DEVELOPMENT AND PANCHAYATI RAJ, HYDERABAD

In the result, both the appeal filed by the Revenue and cross- objection filed by the assessee are dismissed

Bench: SHRI VIJAY PAL RAO, HON’BLE (Vice President), SHRI MANJUNATHA G, HON’BLE (Accountant Member)

carried out certain transactions during the Financial Year 2014-15 relevant to A.Y. 2015-16. 5 ITA Nos.1210 and 1211/Hyd/2025 & C.O. Nos.27 and 28/Hyd/2025 National Institute of Rural Development & Pranchayati Raj The assessee has not filed its return of income for the year under consideration. To verify the facts of the case, a show-cause notice under Section 148A

ARYA VYSYA TRUST,VIKARABAD vs. ITO., WARD-1, VIKARABAD

Bench: Us:

loss of time. For the sake of clarity, the submissions of the assessee- trust regarding the reasons leading to the delay with a request for condonation of the same as was filed before the CIT(A) are culled out as under: “The appellant is a small organization and al the trustees are volunteers working without any remuneration, the appellant does