PONAPULA SULOCHANA LR LATE P SANJEEVA PARTHASARATHY,HYDERABAD vs. ASSISTANT COMMISSIONER OF TAX ,CENTRAL CIRCLE-3(2), HYDERABAD

In the result, the appeal of assessee for A

Bench: SHRI G. MANJUNATHA, HON’BLE (Accountant Member), SHRI RAVISH SOOD, HON’BLE (Judicial Member)

depreciation and business losses are governed by Section 72 r.w.s. 80 of the Income Tax Act, 1961. As per Section 80 of the Act, no loss which has not been determined in pursuance of a return filed in accordance with the provisions of Section 139(3) shall be carry forward and set off under Section 72(1

PONNAPULA SULOCHANA, L/R OF LATE PONNAPULA SANJEEVA PARTHASARATHY,HYDERABAD vs. ACIT ,CENTRAL CIRCLE -3(2), HYDERABAD

In the result, the appeal of assessee for A

Bench: SHRI G. MANJUNATHA, HON’BLE (Accountant Member), SHRI RAVISH SOOD, HON’BLE (Judicial Member)

depreciation and business losses are governed by Section 72 r.w.s. 80 of the Income Tax Act, 1961. As per Section 80 of the Act, no loss which has not been determined in pursuance of a return filed in accordance with the provisions of Section 139(3) shall be carry forward and set off under Section 72(1

SHRI GAYATRI CONSTRUCTIONS,NELLORE vs. DCIT., CIRCLE-1, NELLORE

In the result, the appeal of assessee for A

Bench: SHRI LALIET KUMAR (Judicial Member), SHRI MADHUSUDAN SAWDIA (Accountant Member)

depreciation and business losses are governed by Section 72 r.w.s. 80 of the Income Tax Act, 1961. As per Section 80 of the Act, no loss which has not been determined in pursuance of a return filed in accordance with the provisions of Section 139(3) shall be carry forward and set off under Section 72(1

SUDHEER PARIMALA,HYDERABAD vs. INCOME TAX OFFICER, WARD-10(1), HYDERABAD

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

Bench: Shri Vijay Pal Rao & Shri Manjunatha G.आ.अपी.सं /Ita No.758/Hyd./2025 Assessment Year 2015-2016 Sudheer Parimala, The Income Tax Officer, Hyderabad – 500 016. Vs. Ward-10(1), Hyderabad. Pan Ahppp7572E Pin - 500 004. Telangana (Appellant) (Respondent) For Assessee : Ca Kranthi Palivela & Ca Mrudulatha For Revenue : Dr. Sachin Kumar, Sr. Ar Date Of Hearing : 24.03.2026 Date Of Pronouncement : 17.04.2026 आदेश/Order

153A or section 153C. as the case may be, as they stood immediately before the commencement of the Finance Act, 2021; Provided also that for the purposes of computing the period of limitation as per this section, the time or extended time allowed to the assessee, as per show-cause notice issued under clause (b) of section 148A

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. MEGHA ENGINEERING & INFRASTURCTURE LTD,, HYDERABAD

In the result, all the appeals of the revenue are dismissed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

depreciation under section 32, is linked to investment. It is also made clear that section 80-IA not only contains substantive but 7 I.T.A. No. 607/Hyd/16 and others Megha Engg. & Infrastructure Ltd. procedural provisions for computation of special deduction. Thus, any device adopted to reduce or inflate the profits of eligible business has to be rejected". Therefore, it is humbly

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. MEGHA ENGINEERING & INFRASTURCTURE LTD,, HYDERABAD

In the result, all the appeals of the revenue are dismissed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

depreciation under section 32, is linked to investment. It is also made clear that section 80-IA not only contains substantive but 7 I.T.A. No. 607/Hyd/16 and others Megha Engg. & Infrastructure Ltd. procedural provisions for computation of special deduction. Thus, any device adopted to reduce or inflate the profits of eligible business has to be rejected". Therefore, it is humbly

DCIT, CENTRAL CIRCLE-2(1), HYD, HYDERABAD vs. MEGHA ENGINEERING & INFRASTURCTURES LIMITED, HYD, HYDERABAD

In the result, all the appeals of the revenue are dismissed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

depreciation under section 32, is linked to investment. It is also made clear that section 80-IA not only contains substantive but 7 I.T.A. No. 607/Hyd/16 and others Megha Engg. & Infrastructure Ltd. procedural provisions for computation of special deduction. Thus, any device adopted to reduce or inflate the profits of eligible business has to be rejected". Therefore, it is humbly

DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(1), HYD, HYDERABAD vs. MEGHA ENGINEERING & INFRASTURCTURE LIMITED, HYD, HYDERABAD

In the result, all the appeals of the revenue are dismissed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

depreciation under section 32, is linked to investment. It is also made clear that section 80-IA not only contains substantive but 7 I.T.A. No. 607/Hyd/16 and others Megha Engg. & Infrastructure Ltd. procedural provisions for computation of special deduction. Thus, any device adopted to reduce or inflate the profits of eligible business has to be rejected". Therefore, it is humbly

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. MEGHA ENGINEERING & INFRASTURCTURE LTD,, HYDERABAD

In the result, all the appeals of the revenue are dismissed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

depreciation under section 32, is linked to investment. It is also made clear that section 80-IA not only contains substantive but 7 I.T.A. No. 607/Hyd/16 and others Megha Engg. & Infrastructure Ltd. procedural provisions for computation of special deduction. Thus, any device adopted to reduce or inflate the profits of eligible business has to be rejected". Therefore, it is humbly

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. MEGHA ENGINEERING & INFRASTURCTURE LTD,, HYDERABAD

In the result, all the appeals of the revenue are dismissed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

depreciation under section 32, is linked to investment. It is also made clear that section 80-IA not only contains substantive but 7 I.T.A. No. 607/Hyd/16 and others Megha Engg. & Infrastructure Ltd. procedural provisions for computation of special deduction. Thus, any device adopted to reduce or inflate the profits of eligible business has to be rejected". Therefore, it is humbly

MOKAMA MUNGER HIGHWAY LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-16(4), HYDERABAD

In the result, all the three appeals of the assessee are partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

section 153A of the Act. 28. In the facts of the present case also, admittedly, the Director of the assessee company has admitted to the unaccounted toll receipts recorded in the diary seized from the premises of assessee. The case of assessee before us is that the addition, if any, is to be limited to the period for which

MOKAMA MUNGER HIGHWAY LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(2), HYDERABAD

In the result, all the three appeals of the assessee are partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

section 153A of the Act. 28. In the facts of the present case also, admittedly, the Director of the assessee company has admitted to the unaccounted toll receipts recorded in the diary seized from the premises of assessee. The case of assessee before us is that the addition, if any, is to be limited to the period for which

MOKAMA MUNGER HIGHWAY LIMITED ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-16(2), HYDERABAD

In the result, all the three appeals of the assessee are partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

section 153A of the Act. 28. In the facts of the present case also, admittedly, the Director of the assessee company has admitted to the unaccounted toll receipts recorded in the diary seized from the premises of assessee. The case of assessee before us is that the addition, if any, is to be limited to the period for which

DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(2), HYDERABAD vs. TRACKS & TOWERS INFRATECH PRIVATE LIMITED(PART IX), HYDERABAD

In the result, both the appeals filed by the revenue are partly allowed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

depreciation under section 32(1) (ii- a) of the Act. As per the settled position of law, an assessee claiming exemption has to strictly and literally comply with the exemption provisions. Therefore, the said decision shall not be applicable to the facts of the case on hand, while considering the exemption provisions. Even otherwise, Chapter III and Chapter

DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(2), HYDERABAD vs. TRACKS & TOWERS INFRATECH PRIVATE LIMITED(PART IX), HYDERABAD

In the result, both the appeals filed by the revenue are partly allowed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

depreciation under section 32(1) (ii- a) of the Act. As per the settled position of law, an assessee claiming exemption has to strictly and literally comply with the exemption provisions. Therefore, the said decision shall not be applicable to the facts of the case on hand, while considering the exemption provisions. Even otherwise, Chapter III and Chapter

YELLAIAH SETTY, HYDERABAD,HYDERABAD vs. ACIT, CENTRAL CIRCLE-5, HYDERABAD, HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2004-05 Yellaiah Setty, Vs. Asst. Commissioner Of Hyderabad. Income-Tax, Central Circle – 5, Pan – Agqps 2236 Q Hyderabad. Appellant Respondent Assessee By: Shri P. Murali Mohana Rao Revenue By: Smt. S. Narasamma Date Of Hearing: 31/10/2018 Date Of Pronouncement: 15/11/2018 O R D E R Per S. Rifaur Rahman, Am:

depreciation. Even in the assessments u/s 153A, AO has made additions on the basis of the material already on record. In the decisions relied upon by the learned Counsel for the assessee, the Hon'ble Courts have ruled as under:- i) Hon'ble Bombay High Court in the case of CIT vs. SKS Ispat & Power Ltd reported

VIVIMED LABS LIMITED,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE2-(3), HYDERABAD

Bench: Shri S.S. Godara & Shri Laxmi Prasad Sahu

1, Bangalore’s directions; all dt.25.02.2021 in F.Nos.123 to 126/DRP-1/BNG/2019-20; respectively, involving proceedings u/s 143(3) r.w.s. 144C(13) rws 153A of the of Income Tax Act, 1961 [in short, ‘the Act’]. ITA Nos. 186 to 189/Hyd/2021 Heard both the parties. Case files perused. 2. We advert to the various identical issues in the assessee’s instant four appeals

VIVIMED LABS LIMITED,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX , HYDERABAD

Bench: Shri S.S. Godara & Shri Laxmi Prasad Sahu

1, Bangalore’s directions; all dt.25.02.2021 in F.Nos.123 to 126/DRP-1/BNG/2019-20; respectively, involving proceedings u/s 143(3) r.w.s. 144C(13) rws 153A of the of Income Tax Act, 1961 [in short, ‘the Act’]. ITA Nos. 186 to 189/Hyd/2021 Heard both the parties. Case files perused. 2. We advert to the various identical issues in the assessee’s instant four appeals

VIVIMED LABS LIMITED,HYDERABAD vs. 500082 ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE2-(3), HYDERABAD

Bench: Shri S.S. Godara & Shri Laxmi Prasad Sahu

1, Bangalore’s directions; all dt.25.02.2021 in F.Nos.123 to 126/DRP-1/BNG/2019-20; respectively, involving proceedings u/s 143(3) r.w.s. 144C(13) rws 153A of the of Income Tax Act, 1961 [in short, ‘the Act’]. ITA Nos. 186 to 189/Hyd/2021 Heard both the parties. Case files perused. 2. We advert to the various identical issues in the assessee’s instant four appeals