ACIT., CIRCLE-5(1), HYDERABAD vs. PENNA CEMENT INDUSTRIES LIMITED, HYDERABAD

144B of the Act, dated 03.09.2021, determined the income of\nthe assessee company at Rs. 161,11,36,087/- under the normal\nprovisions and “book profit” under section 115JB at Rs. 231,31,26,864/-\nafter making certain additions/disallowances, viz. (i). disallowance\nunder section 14A r.w Rule 8D, after taking cognizance of the fact that\nthe assessee company had earned

UJJAINI MAHAKALI DEVASTHANAM,SECUNDERABAD vs. ITO., EXEMPTION WARD-1(3), HYDERABAD

In the result, all the six appeals of the Assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha Gआ.अपी.सं /Ita Nos.1382 & 1384/Hyd./2025 िनधा"रण वष"/Assessment Years 2015-2016 & 2016-2017

trusts or endowments (including matts, temples, gurudwaras………..) or societies for religious or charitable purposes registered as such…….. or any other law for the time being in force. 10 ITA.Nos.1380 to 1385/Hyd./2025 As the assessee is a temple taken over by the Government as per Endowments Act, prevailing in the state of Telangana and a Committee is constituted under

UJJAINI MAHAKALI DEVASTHANAM,SECUNDERABAD vs. ITO., EXEMPTION WARD-1(3), HYDERABAD

In the result, all the six appeals of the Assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha Gआ.अपी.सं /Ita Nos.1382 & 1384/Hyd./2025 िनधा"रण वष"/Assessment Years 2015-2016 & 2016-2017

trusts or endowments (including matts, temples, gurudwaras………..) or societies for religious or charitable purposes registered as such…….. or any other law for the time being in force. 10 ITA.Nos.1380 to 1385/Hyd./2025 As the assessee is a temple taken over by the Government as per Endowments Act, prevailing in the state of Telangana and a Committee is constituted under

UJJAINI MAHAKALI DEVATHANAM,SECUNDERBAD vs. ITO., EXEMPTION WARD-1(3), HYDERABAD

In the result, all the six appeals of the Assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha Gआ.अपी.सं /Ita Nos.1382 & 1384/Hyd./2025 िनधा"रण वष"/Assessment Years 2015-2016 & 2016-2017

trusts or endowments (including matts, temples, gurudwaras………..) or societies for religious or charitable purposes registered as such…….. or any other law for the time being in force. 10 ITA.Nos.1380 to 1385/Hyd./2025 As the assessee is a temple taken over by the Government as per Endowments Act, prevailing in the state of Telangana and a Committee is constituted under

UJJAINI MAHAKALI DEVASTHANAM,SECUNDERABAD vs. ITO., EXEMPTION WARD-1(3), HYDERABAD

In the result, all the six appeals of the Assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha Gआ.अपी.सं /Ita Nos.1382 & 1384/Hyd./2025 िनधा"रण वष"/Assessment Years 2015-2016 & 2016-2017

trusts or endowments (including matts, temples, gurudwaras………..) or societies for religious or charitable purposes registered as such…….. or any other law for the time being in force. 10 ITA.Nos.1380 to 1385/Hyd./2025 As the assessee is a temple taken over by the Government as per Endowments Act, prevailing in the state of Telangana and a Committee is constituted under

UJJAINI MAHAKALI DEVASTHANAM,SECUNDERABAD vs. ITO., EXEMPTION WARD-1(3), HYDERABAD

In the result, all the six appeals of the Assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha Gआ.अपी.सं /Ita Nos.1382 & 1384/Hyd./2025 िनधा"रण वष"/Assessment Years 2015-2016 & 2016-2017

trusts or endowments (including matts, temples, gurudwaras………..) or societies for religious or charitable purposes registered as such…….. or any other law for the time being in force. 10 ITA.Nos.1380 to 1385/Hyd./2025 As the assessee is a temple taken over by the Government as per Endowments Act, prevailing in the state of Telangana and a Committee is constituted under

UJJAINI MAHAKALI DEVASTHANAM,SECUNDERABAD vs. ITO., EXEMPTION WARD-1(3), HYDERABAD

In the result, all the six appeals of the Assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha Gआ.अपी.सं /Ita Nos.1382 & 1384/Hyd./2025 िनधा"रण वष"/Assessment Years 2015-2016 & 2016-2017

trusts or endowments (including matts, temples, gurudwaras………..) or societies for religious or charitable purposes registered as such…….. or any other law for the time being in force. 10 ITA.Nos.1380 to 1385/Hyd./2025 As the assessee is a temple taken over by the Government as per Endowments Act, prevailing in the state of Telangana and a Committee is constituted under

OPTUM GLOBAL SOLUTIONS (INDIA) PRIVATE LIMITED,HYDERABAD vs. DCIT CIRCLE -5(1), HYDERABAD

In the result, both the appeals of assessee are partly allowed

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

144B of the Income Tax Act, 1961 (for short “the Act”) assessee filed these appeals. For the sake of convenience, we dispose of these appeals by this common order, taking appeal for the assessment year 2017-18 as a lead case. ITA-TP Nos. 145 & 482/Hyd/2022 2. Briefly stated relevant facts are that the name of the company was changed

OPTUM GLOBAL SOLUTIONS (INDIA) PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE -5(1), HYDERABAD

In the result, both the appeals of assessee are partly allowed

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

144B of the Income Tax Act, 1961 (for short “the Act”) assessee filed these appeals. For the sake of convenience, we dispose of these appeals by this common order, taking appeal for the assessment year 2017-18 as a lead case. ITA-TP Nos. 145 & 482/Hyd/2022 2. Briefly stated relevant facts are that the name of the company was changed

A P E A AND O E W FUND TRUST,HYDERABAD vs. DCIT., EXEMPTION CIRCLE-1(1), HYDERABAD

In the result, the appeal of the assessee is allowed

Bench: Shri Ravish Sood & Shri Madhusudan Sawdia

Section 161 of the Andhra Pradesh Religious Institutions and Charitable Endowment Act, 1987. The purpose of the trust is to constitute and administer a welfare fund for Archakas and other employees. As per the statutory mandate, every religious charitable institutions other than Tirumala Tirupathi Devasthanam (“TTD”) whose annual income exceeds Rs.20 lakhs are liable to contribute annually 3% of their

VASAVI CLUB,HYDERABAD vs. INCOME TAX OFFICER, WARD-11(1), HYDERABAD

In the result, the appeal of the assessee is dismissed

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

trust. Statutory notice under Section 143(2) of the Act, dated 21.09.2019 was issued and served upon the assessee. Subsequently, notices under Section 142(1) of the Act, dated 30.12.2020 and 17.03.2021 were issued calling for various details. There was no response from the assessee. Accordingly, show cause notice under Section 144 of the Act was issued. Since the assessee

ACIT (EXEMPTIONS), CIRCLE-1(1), HYDERABAD vs. HYDERABAD METROPOLITAN DEVELOPMENT AUTHORITY, HYDERABAD

The appeal of the revenue is partly allowed for statistical

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.581/Hyd/2024 (निर्धारण वर्ा/Assessment Year:2020-21) M/S. Hyderabad Metropolitan Development Authority, Hyderabad. Pan:Aaalh0058D …..Appellant. Vs. Asst. Commissioner Of Income Tax (Exemptions), Circle-1(1), Hyderabad. …..Respondent. आ.अपी.सं /Ita No.568/Hyd/2024 (निर्धारण वर्ा/Assessment Year:2020-21) Asst. Commissioner Of Income Tax (Exemptions), Circle-1(1), Hyderabad. …..Appellant. Vs. M/S. Hyderabad Metropolitan Development Authority, Hyderabad. …..Respondent.

144B of the Act on 30.09.2022 assessing the total income at Rs.72,96,60,104/-. 3. Aggrieved with the order of Ld. AO, the assessee filed appeal before the Ld. CIT(A), who partly allowed the appeal of the assessee. Against the impugned order of Ld. CIT(A), both the assessee as well as the revenue have filed cross appeals

HYDERABAD METROPOLITAN DEVELOPMENT AUTHORITY,HYDERABAD vs. DCIT, EXEMPTION CIRCLE-1(1), HYDERABAD

The appeal of the revenue is partly allowed for statistical

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.581/Hyd/2024 (निर्धारण वर्ा/Assessment Year:2020-21) M/S. Hyderabad Metropolitan Development Authority, Hyderabad. Pan:Aaalh0058D …..Appellant. Vs. Asst. Commissioner Of Income Tax (Exemptions), Circle-1(1), Hyderabad. …..Respondent. आ.अपी.सं /Ita No.568/Hyd/2024 (निर्धारण वर्ा/Assessment Year:2020-21) Asst. Commissioner Of Income Tax (Exemptions), Circle-1(1), Hyderabad. …..Appellant. Vs. M/S. Hyderabad Metropolitan Development Authority, Hyderabad. …..Respondent.

144B of the Act on 30.09.2022 assessing the total income at Rs.72,96,60,104/-. 3. Aggrieved with the order of Ld. AO, the assessee filed appeal before the Ld. CIT(A), who partly allowed the appeal of the assessee. Against the impugned order of Ld. CIT(A), both the assessee as well as the revenue have filed cross appeals

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

Bench: Us:

Section 144 r.w.s 144B of the Act, dated 08/09/2021 determined its income at Rs. 4,16,820/-. 5. Aggrieved, the assessee trust carried the matter in appeal before the Ld. CIT(A). As the appeal filed by the assessee-trust involved a delay of 665 days, it had filed an application seeking condonation of the same. On a perusal