DEVGEN SEEDS AND CROP TECHNOLOGY PRIVATE LIMITED, SECUNDERABAD,HYDERABAD vs. ACIT,CIRCLE-17(1) HYDERABAD, HYDERABAD

Appeals are dismissed in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahuappellant Respondent

charitable trust was upheld by the Hon'ble Apex Court (see paragraph 13 at page 177). The Appellant urges that based on the correct factual position it shall be open to the Tribunal to take a different view. In this regard, your attention is also invited to the following observations of Mr P N Bhagwari in the case of Distributor

DEVGEM SEEDS AND CROP TECHNOLOGY PRIVATE LIMITED,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-17(1), HYDERABAD

Appeals are dismissed in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahuappellant Respondent

charitable trust was upheld by the Hon'ble Apex Court (see paragraph 13 at page 177). The Appellant urges that based on the correct factual position it shall be open to the Tribunal to take a different view. In this regard, your attention is also invited to the following observations of Mr P N Bhagwari in the case of Distributor

DCIT, EXEMPTIONS CIRCLE, HYDERABAD vs. HYDERABAD METROPOLITAN DEVELOPMENT AUTHORITY, SECUNDERABAD

In the result, both the appeals of assessee and Revenue are allowed for statistical purposes

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

trust / authority in spending the amount(s) is not in accordance with its objects. 4) CIT(A) erred in not considering the fact that the receipt of Rs.545,15,27,213/- under layout regulation scheme is a part and partial of the assessee authority besides the fact that the assessee is in receipt of the same. 5) CIT(A) ought

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

In the result, both the appeals of assessee and Revenue are allowed for statistical purposes

Bench: Before Shri Rama Kanta Panda & Shri Laliet Kumar

trust / authority in spending the amount(s) is not in accordance with its objects. 4) CIT(A) erred in not considering the fact that the receipt of Rs.545,15,27,213/- under layout regulation scheme is a part and partial of the assessee authority besides the fact that the assessee is in receipt of the same. 5) CIT(A) ought

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), HYDERABAD vs. SEW INFRASTRUCTURE LIMITED, HYDERABAD

Bench: Justice (Retd.) C.V. Bhadang, Shri Mahavir Singh & Shri G. Manjunatha

193 (SC) wherein the Hon'ble Court held that upon perusal of the original order of assessment and the order of reassessment under section 147, it was clear that the later makes a fresh assessment of the entire income of the respondent/ assessee and hence, the Hon'ble High Court was right in proceeding on the basis that the earlier