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

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

depreciation accordingly. Hence, this ground of appeal is partly allowed. 15. The assessee challenged the order passed under section 250 with reference to section 143(3) r.w.s. 263 of the Income Tax Act 1961 by the ld.CIT(A) dt.27.05.2011 before the ITAT. The grounds of appeal raised by the assessee in the appeal under section 250 with reference to section

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

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

depreciation accordingly. Hence, this ground of appeal is partly allowed. 15. The assessee challenged the order passed under section 250 with reference to section 143(3) r.w.s. 263 of the Income Tax Act 1961 by the ld.CIT(A) dt.27.05.2011 before the ITAT. The grounds of appeal raised by the assessee in the appeal under section 250 with reference to section

MADHUCON PROJECTS LTD, HYDERABAD,HYDERABAD vs. DCIT, CENTRAL CIRCLE-3, HYD, HYDERABAD

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

depreciation accordingly. Hence, this ground of appeal is partly allowed. 15. The assessee challenged the order passed under section 250 with reference to section 143(3) r.w.s. 263 of the Income Tax Act 1961 by the ld.CIT(A) dt.27.05.2011 before the ITAT. The grounds of appeal raised by the assessee in the appeal under section 250 with reference to section

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

depreciation claimed by the assessee amounting to Rs. 78,26,412 is still stand unexplained with proper evidence." 19. The Revenue has not disclosed as to whether the proceedings under Section 154 of the Act had ended up in passing of an order. Even then, the reopening of assessment proceedings under Section 148 of the Act would amount

DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD vs. SRINIVASA CHAKRAVARTHI RAJU GOKARAJU, HYDERABAD

The appeal of the Revenue is allowed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

3) was completed on 28-03-20 13. Therefore, as submitted by the appellant, the revised return was filed well in time. Therefore" the revised return has to be considered by the Assessing Officer. Page 4 of 12 8.3 In the revised return, the appellant has not disclosed the amount of Rs. 27.35 crores as disclosed in the original return

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

In the result, appeal of the revenue is partly allowed for statistical purposes in above terms

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

section 32(1)(ii) of the Act on the WDV as determined for the year. 9.2 The ld. DR filed written submissions which are as under: 1. The assessee is a Spy formed for carrying out construction, development, finance and operation and development of 4/6 lanning of Thrissur(Km 270.00) and Angamali(KM 316.700) and also for improvement, operation

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

In the result, appeal of the revenue is partly allowed for statistical purposes in above terms

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

section 32(1)(ii) of the Act on the WDV as determined for the year. 9.2 The ld. DR filed written submissions which are as under: 1. The assessee is a Spy formed for carrying out construction, development, finance and operation and development of 4/6 lanning of Thrissur(Km 270.00) and Angamali(KM 316.700) and also for improvement, operation

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

In the result, appeal of the revenue is partly allowed for statistical purposes in above terms

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

section 32(1)(ii) of the Act on the WDV as determined for the year. 9.2 The ld. DR filed written submissions which are as under: 1. The assessee is a Spy formed for carrying out construction, development, finance and operation and development of 4/6 lanning of Thrissur(Km 270.00) and Angamali(KM 316.700) and also for improvement, operation

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

In the result, appeal of the revenue is partly allowed for statistical purposes in above terms

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

section 32(1)(ii) of the Act on the WDV as determined for the year. 9.2 The ld. DR filed written submissions which are as under: 1. The assessee is a Spy formed for carrying out construction, development, finance and operation and development of 4/6 lanning of Thrissur(Km 270.00) and Angamali(KM 316.700) and also for improvement, operation

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

In the result, appeal of the revenue is partly allowed for statistical purposes in above terms

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

section 32(1)(ii) of the Act on the WDV as determined for the year. 9.2 The ld. DR filed written submissions which are as under: 1. The assessee is a Spy formed for carrying out construction, development, finance and operation and development of 4/6 lanning of Thrissur(Km 270.00) and Angamali(KM 316.700) and also for improvement, operation

AVIS HOSPITALS INDIA LIMITED ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), HYDERABAD

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

Bench: Shri Rama Kanta Panda & Shri K. Narasimha Charyassessment Year: 2016-17 M/S. Avis Hospitals India Vs. The Acit,Circle-1(1) Limited Hyderabad-500 029 8-3-598/A/5, Road No.10 Banjara Hills Hyderabad-500 033

3(b) to section 32(1) and, thus, it is eligible for depreciation. He submitted that in this case, during relevant assessment year, one ‘Y’ Ltd. amalgamated with assessee- 5 ITA 1390/Hyd/2019 company. According to assessee, excess consideration paid by it over value of net assets acquired of ‘Y’ ltd amounted to goodwill on which depreciation was to be allowed

NSL RENEWABLE POWER PRIVATE LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-16(1), HYDERABAD

In the result, assessee’s appeal is allowed

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahmanassessment Year:2010-11

section 154 of the Act. The Appellant therefore prays that the adverse remarks passed by the Ld. CIT(A) should be deleted. That the Appellant reserves its right to add, alter, amend, delete or withdraw any ground of appeal either before or at the time of hearing of this appeals”. Page 3

DY. COMMISSIONER OF INCOME TAX , CIRCLE-1(2), HYDERABAD vs. COASTAL PROJECTS PRIVATE LIMITED , HYDERABAD

In the result, the C.O. filed by the assessee is allowed in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

154-172] (i) ITOV Virat Credit and Housing (P) Ltd, ITAT, (Del) ITA-89/Del/2012 (order Dt 9/2/2018) I Pages-154-172 (ii) S. Goyendra lime chemical Ltd -231 Taxman 73 (MP) (iii) Central India Electric Supply Co Ltd V ITO 51 DTR 51 7.6 No full Satisfaction by AO:- :- 9 -: ITA No.. 497/Hyd/2019 and CO 16/H/2019 Coastal Projects

VK WAREHOUSING ENTERPRISES,HYDERABAD vs. DCIT., CIRCLE-6(1), HYDERABAD

In the result, both the appeals filed by the assessee firm and the revenue are partly allowed for statistical purposes, in terms of our observations recorded hereinabove

Bench: Shri Manjunatha G & Shri Ravish Soodआ.अपी.सं /Ita No.737/Hyd/2025 (िनधा"रण वष"/Assessment Year:2017-18) M/S. V K Warehousing Enterprises, Dy. Commissioner Of Income Tax, Vs. Circle 6(1), Hyderabad. Hyderabad. Pan : Aakfv3288R (Appellant) (Respondent) आ.अपी.सं /Ita No.881/Hyd/2025 (िनधा"रण वष"/Assessment Year:2017-18) Dy. Commissioner Of Income Tax, M/S. V K Warehousing Enterprises, Circle 6(1), Hyderabad. Vs. Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Rajesh Vaishnav, C.A. राज" व "ारा/Revenue By: Shri P. Dhivahar, Cit-Dr सुनवाई की तारीख/Date Of Hearing: 22/12/2025 घोषणा की तारीख/Pronouncement: 07/01/2026

3,37,78,220/-. 4. Subsequently, the AO passed a rectification order under Section 154 of the Act, dated 10/11/2021, wherein he rectified the rate of tax applied and subjected the additions made under Section 68 and Section 69C of the Act to tax under Section 115BBE, enhancing the demand substantially. 5. On appeal, the CIT(A) partly allowed

ACIT., CIRCLE-6(1), HYDERABAD vs. VK WAREHOUSING ENTERPRISES, HYDERABAD

In the result, both the appeals filed by the assessee firm and

3,37,78,220/- 4. Subsequently, the AO passed a rectification order under Section 154 of the Act, dated 10/11/2021, wherein he rectified the rate of tax applied and subjected the additions made under Section 68 and Section 69C of the Act to tax under Section 115BBE, enhancing the demand substantially. 5. On appeal, the CIT(A) partly allowed

NSL RENEWABLE POWER PRIVATE LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-16(1), HYDERABAD, HYDERABAD

In the result, assessee’s appeal is partly allowed

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamonyassessment Year: 2012-13

154 of the Act. Therefore, we allow the ground of appeal of the assessee. Even otherwise, on merits of the issue which is raised in Ground No.2, we find that the issue is covered in favour of the assessee by various decisions which are relied upon by the ld Counsel for the assessee. Sub-section 5 of Section 80IA provides

INVESCO(INDIA) PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE -2 (1), HYDERABAD

In the result, appeal of the Assessee is partly allowed for statistical purposes

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

154 (SC) submitted that, the Hon’ble Supreme Court by following the decision of CIT, Kolkata vs., Smifs Securities Limited [2012] 13 SCC 488 (SC), has dismissed the SLP filed by the assessee and upheld the order of Hon’ble High Court of Gujarat wherein it has been clearly held that, assessee-company entitled to claim depreciation on goodwill expended

ICOMM TELE LIMITED,HYERABAD vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1), HYDERABAD

In the result, appeal of the revenue in ITA No

Bench: Shri Satbeer Singh Godara & Laxmi Prasad Sahuassessment Year: 2009-10 Dy. Commissioner Of Vs. Icomm Tele Ltd., Income-Tax, Circle – 2(1), Hyderabad. Hyderabad. Pan – Aaeca 1326Q (Appellant) (Respondent)

154 order for the full period and upholding the order of the CIT(A), the grounds raised by the revenue on this issue are dismissed. 8. In the result, appeal of the revenue is dismissed. ITA Nos. 1040 & 1041/Hyd/2017 for AY 2004-05 & 2005-06 9. Briefly the facts of the case are that assessments u/s 143(3) rw.s. 153A

DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(1), HYDERABAD vs. ICOMM TELE LIMITED, HYERABAD

In the result, appeal of the revenue in ITA No

Bench: Shri Satbeer Singh Godara & Laxmi Prasad Sahuassessment Year: 2009-10 Dy. Commissioner Of Vs. Icomm Tele Ltd., Income-Tax, Circle – 2(1), Hyderabad. Hyderabad. Pan – Aaeca 1326Q (Appellant) (Respondent)

154 order for the full period and upholding the order of the CIT(A), the grounds raised by the revenue on this issue are dismissed. 8. In the result, appeal of the revenue is dismissed. ITA Nos. 1040 & 1041/Hyd/2017 for AY 2004-05 & 2005-06 9. Briefly the facts of the case are that assessments u/s 143(3) rw.s. 153A