MADHUCON PROJECTS LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE-3, HYDERABAD, HYDERABAD

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

revision u/s 263 and ITA Nos. 1497 & 1498/Hyd/2011 on the decisions of the CIT(A), It is humbly submitted that the issue of deduction was not subject matter of the appeals nor any ground on this issue was taken by the. assessee in appeal. In the latter two appeals, the issue was not raised even before the CIT(A). Therefore

SRI EDUPAYALA VANA DURGA BHAVANI,HYDERABAD vs. INCOME TAX OFFICER, WARD-1, SANGAREDDY

Bench: Us:

u/s 263 of the Act, dated 29.03.2024. 10. We have heard the Ld. Authorized Representatives of both parties, perused the orders of the authorities below and the material available on record, as well as considered the judicial pronouncements that have been pressed into service by the assessee’s counsel. 11. We shall first deal with the Ld. AR’s claim

DAYSPRING ENTERPRISES OF INDIA,SECUNDERABAD vs. ITO., EXEMPTION WARD-1(1), HYDERABAD

In the result, the appeal filed by the assessee is allowed for statistical purposes in terms of our observations given hereinabove

revised computation of gross receipts, accumulation of income u/s 11(1)(a) and accumulation of income u/s 11(2), and application of income for the objects of the trust as per ITR filed for A.Ys. 2015-16 and 2016-17 and corrected calculation for the A.Ys. 2015-16 and 2016-17. The assessee further submitted that, by an inadvertent error

DAYSPRING ENTERPRISES OF INDIA ,HYDERABAD vs. INCOME IAX OFFICER ,EXEMPTION WARD 1(1) , HYDERABAD

In the result, appeal of the assessee is dismissed

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Chary

Trust, ii) Application of income for charitable or religious purposes being higher than the Gross Income, iii) Large capital expenditure for charitable purposes and iv) Form- 10 filed after due date and large amount set apart u/s.11(2)/11(5)/11(1)(c) of the Act. Learned Assessing Officer issued notice u/s. 143(2) of the Act followed by u/s

RAVI RISHI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(4), HYDERABAD

In the result, three appeals i

charitable purpose. In other words,\nin case of the assessment as AOP after denial of benefit\nu/secs.11 and 12 the income of the assessee is required to\nbe assessed on commercial manner u/sec.56 of the Act and\ntherefore, the expenditure allowable as per the provisions of\nsec.57 of the act are required to be considered against the\ngross receipts. Following

RAVI RISHI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(4), HYDERABAD

charitable purpose. In other words,\nin case of the assessment as AOP after denial of benefit\nu/secs.11 and 12 the income of the assessee is required to\nbe assessed on commercial manner u/sec.56 of the Act and\ntherefore, the expenditure allowable as per the provisions of\nsec.57 of the act are required to be considered against the\ngross receipts. Following

RAVI RISHI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE 2(4), HYDERABAD

charitable purpose. In other words,\nin case of the assessment as AOP after denial of benefit\nu/secs.11 and 12 the income of the assessee is required to\nbe assessed on commercial manner u/sec.56 of the Act and\ntherefore, the expenditure allowable as per the provisions of\nsec.57 of the act are required to be considered against the\ngross receipts. Following

RAVI RISHI EDUCATIONAL SOCIETY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(4), HYDERABAD

charitable purpose. In other words,\nin case of the assessment as AOP after denial of benefit\nu/secs.11 and 12 the income of the assessee is required to\nbe assessed on commercial manner u/sec.56 of the Act and\ntherefore, the expenditure allowable as per the provisions of\nsec.57 of the act are required to be considered against the\ngross receipts. Following

ASST. DIRECTOR OF IT (EXEMP)-II,, HYDERABAD vs. ACTION FOR WELFARE AND AWAKENING IN RURAL ENVIRONMENT (AWARE), HYDERABAD

In the result, the C.O. filed by the assessee is partly allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.709/Hyd/2012 ("नधा"रण वष"/Assessment Year:1995-96) Asst. Director Of Income Tax Vs. Action For Welfare & (Exemptions)-Ii, Awakening In Rural Hyderabad. Environment (Aware), Shantivanam, Nagarjuna Sagar Road, Hyderabad. Pan: Aaata2338R (Appellant) (Respondent) C.O. No.138/Hyd/2012 (In आ.अपी.सं /Ita No.709/Hyd/2012) ("नधा"रण वष"/Assessment Year:1995-96) Asst. Director Of Income Tax Vs. Action For Welfare & (Exemptions)-Ii, Awakening In Rural Hyderabad. Environment (Aware), Pragati Bhavan, D.No.5-9- 24/78, Lake Hill Road, Adarshnagar, Hyderabad- 500463. Pan: Aaata2338R (Respondent/Cross Objector) (Appellant In Appeal) "नधा"रती "वारा/Assessee By: Shri S. Rama Rao, Advocate राज" व "वारा/Revenue By:: Ms. U. Mini Chandran, Cit-Dr सुनवाई क" तार"ख/Date Of Hearing: 08/01/2026 घोषणा क" तार"ख/Pronouncement: 13/02/2026

charitable or religious purposes in India during the previous year such income so accumulated to set apart would not be included in the total income of the previous year provided the assessee filed an application before the Assessing Officer for being set apart for investment in future. (b) It clearly indicates that the appellant's income should have been exempted