BHUPAL INFRASTRUCTURE PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, the appeal of the assessee for A

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

condonation of delay in filing of the appeal or petition cannot be allowed. In the present case, it is a dispute between the State in respect of a tax liability which is civil in nature and the same cannot be equated with the dispute between two parties and therefore, in our considered view, the case laws relied upon

SRI SAI CONSTRUCTION CO,NIZAMABAD vs. DCIT., CIRCLE-1, NIZAMABAD

In the result appeal of the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

condone the delay of 321 days in filing the appeal before the Tribunal and admit the appeal for adjudication. 5. Brief facts of the case are that, the assessee is a partnership firm and engaged in the business of civil construction of roads, culverts buildings etc. The assessee filed it's return of income for the assessment year

SANGHI TEXTILES PRIVATE LIMITED,HYDERBAD vs. ITO., WARD-3(1), HYDERABAD

Bench: Us:

194C aggregating over Rs. 3.2 crores and 8 Sanghi Textiles Privarte Limited vs. ITO time deposits of Rs. 19.54 lakhs were reflected in the 26AS statement, but remained unaccounted. The information clearly constitutes "tangible material" justifying reopening as held in the case of Raymond Woollen Mills Ltd. v. ITO [(1999) 236 ITR 34 (SC)) and ACIT v. Rajesh Jhaveri Stock

GAUTHAM KUMAR SUNKATA,HYDERABAD vs. ITO., WARD-4(1), HYDERABAD

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

Bench: Shri Manjunatha, G.आ.अपी.सं /Ita No.742/Hyd/2024 (िनधा"रण वष"/Assessment Year: 2020-21) Shri Gautam Kumar Vs. Income Tax Officer Sunkata, Ward 4(1) Hyderabad Hyderabad Pan:Cfwps7723F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: N O N E राज" व "ारा/Revenue By:: Shri K.N. Suresh Babu, Dr सुनवाई की तारीख/Date Of Hearing: 29/08/2024 घोषणा की तारीख/Pronouncement: 02/09/2024 आदेश/Order

194C of the Act, thus, an amount of Rs. 36,23,143/- being 30% on (Rs. 79,11,807+ Rs. 41,65,337/-) was disallowed under the provisions of section 40a(ia) of the Income Tax and the same was added to the total income of the assessee. Penalty proceedings u/s 270A for under reporting of income were initiated

POOJA CRAFTED HOMES PRIVATE LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, appeal filed by the assessee is dismissed

Bench: Shri R.K. Panda, Vice- & Shri K. Narasimha Charyआ.अपी.सं /Ita No. 61/Hyd/2024 (िनधा"रण वष"/Assessment Year: 2018-19) Pooja Crafted Homes (P) Vs. Asstt. C. I. T. Ltd, Hyderabad Central Circle 1(2) Pan:Aadcp2869A Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Advocate S K Gupta, राज" व "ारा/Revenue By:: Shri Shakeer Ahmed, Dr सुनवाई की तारीख/Date Of Hearing: 04/03/2024 घोषणा की तारीख/Pronouncement: 25/03/2024 आदेश/Order

delay in filing of this appeal is hereby condoned and the appeal is admitted for adjudication. 3. Facts of the case, in brief, are that the assessee company is engaged in the construction of commercial and residential apartments and development of open plots. The assessee company filed its return of income for the year under consideration on 30.10.2018 admitting total

INCOME TAX OFFICER, WARD-1(2), HYDERABAD vs. ATHENA GLOBAL TECHNOLOGIES LIMITED (FORMERLY M/S VJIL CONSULTING LIMITED), HYDERABAD

In the result, the ground nos

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

condoning the delay without giving any reasons. iii) The Ld. CIT(A) erred in deleting the addition of Rs.9,05,79,084/- made u/s 68 by admitting additional evidence without providing an opportunity to the Assessing officer as required under Rule 46A of IT rules. iv) The Ld. CIT(A) erred in deleting the disallowance of expenses of Rs.98

ATHENA GLOBAL TECHNOLOGIES LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-17(4), HYDERABAD

In the result, the ground nos

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

condoning the delay without giving any reasons. iii) The Ld. CIT(A) erred in deleting the addition of Rs.9,05,79,084/- made u/s 68 by admitting additional evidence without providing an opportunity to the Assessing officer as required under Rule 46A of IT rules. iv) The Ld. CIT(A) erred in deleting the disallowance of expenses of Rs.98

XILINX INDIA TECHNOLOGY SERVICES PRIVATE LIMITED,HYDERABAD vs. ACIT., CIRCLE-8(1), HYDERABAD

In the result, the ground nos

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

condoning the delay without giving any reasons. iii) The Ld. CIT(A) erred in deleting the addition of Rs.9,05,79,084/- made u/s 68 by admitting additional evidence without providing an opportunity to the Assessing officer as required under Rule 46A of IT rules. iv) The Ld. CIT(A) erred in deleting the disallowance of expenses of Rs.98

ANDHRA CARDIOLOGY ASSOCIATES PRIVATE LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-1(2), HYDERABAD

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

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

section 143(3) of the Income Tax Act, 1961 (in short, “the Act”). 2. The appeal filed by the assessee is barred by limitation by 03 days. It has moved a condonation petition explaining reasons thereof. We have heard both the parties on this preliminary issue. Having regard to the reasons given in the petition, we condone the delay