SUPREME AGRO,HYDERABAD vs. ACIT CENTRAL CIRCLE-3 (1), HYDERABAD

In the result, all the appeals of assessees are dismissed

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

69A, section 69B, section 69C or section 69D, if such income is not covered under clause (a), the income-tax payable shall be the aggregate of— ii) the amount of income-tax with which the assessee would have been chargeable had his total income been reduced by the amount of income referred to in clause N.] (2) Notwithstanding anything contained

RONAK GUPTA,HYDERABAD vs. ACIT CENTRAL CIRCLE-3(1), HYDERABAD

In the result, all the appeals of assessees are dismissed

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

69A, section 69B, section 69C or section 69D, if such income is not covered under clause (a), the income-tax payable shall be the aggregate of— ii) the amount of income-tax with which the assessee would have been chargeable had his total income been reduced by the amount of income referred to in clause N.] (2) Notwithstanding anything contained

HIMABINDU,BANGALORE vs. ITO., WARD-1, CHITTOOR

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

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

69A of the Act (Rs.36,96,420/-) and (b) Disallowance of expenditure (Rs.6,77,863/-). As far as addition of Rs.36,96,420/- under section 69 of the Act is concerned, the Ld. AR filed additional evidence in the form of cash book from 01.11.2016 to 31.01.2017 (page nos. 28 to 41 of the paper book). He pointed out that

DCIT., CIRCLE-3(1), HYDERABAD vs. SARVEJANA HEALTHCARE PVT. LTD., HYDERABAD

In the result, the appeal of the Revenue in ITA No 1511/Hyd/2025 is partly allowed for statistical purposes

Bench: Shri Ravish Sooda N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1406 & 1511/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2016-17 & 2020-21) Dy. Cit Vs. Sarvejana Healthcare Circle 3(1) Private Limited, Hyderabad Hyderabad Pan: Aamcs6700Q राज" व "ारा/Revenue By: Smt.U.Mini Chandran,Cit(Dr) िनधा""रती "ारा/Assessee By: C.A. Satya Dinakar सुनवाई की तारीख/Date Of Hearing: 24/03/2026 घोषणा की तारीख/Pronouncement: 08/04/2026 आदेश/Order Per Madhusudan Sawdia, A.M.:

depreciation on goodwill, Rs.50,38,59,200/- as income from other sources under section 56(2)(vii)(b) of the Act and Rs.65 lakhs under section 69A

DCIT., CIRCLE-3(1), HYDERABAD vs. SARVEJANA HEALTHCARE PRIVATE LIMITED, HYDERABAD

In the result, the appeal of the Revenue in ITA No 1511/Hyd/2025 is partly allowed for statistical purposes

Bench: Shri Ravish Sooda N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1406 & 1511/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2016-17 & 2020-21) Dy. Cit Vs. Sarvejana Healthcare Circle 3(1) Private Limited, Hyderabad Hyderabad Pan: Aamcs6700Q राज" व "ारा/Revenue By: Smt.U.Mini Chandran,Cit(Dr) िनधा""रती "ारा/Assessee By: C.A. Satya Dinakar सुनवाई की तारीख/Date Of Hearing: 24/03/2026 घोषणा की तारीख/Pronouncement: 08/04/2026 आदेश/Order Per Madhusudan Sawdia, A.M.:

depreciation on goodwill, Rs.50,38,59,200/- as income from other sources under section 56(2)(vii)(b) of the Act and Rs.65 lakhs under section 69A

THE PRAKASAM DISTRISET POLICE WELFARE ASSOCIATION,ONGOLE vs. ITO., WARD-1, ONGOLE

In the result, the appeal filed by the assessee is allowed in terms of our aforesaid observations

69A, the burden lies on the Revenue to establish the existence of unexplained "money" owned by the assessee. In the present case, the addition arose solely from misreported third-party data, not from any independent finding of unaccounted money. 7. The appellant craves leave to add, amend, OR modify the above grounds of appeal at the time of hearing

INCOME TAX OFFICER, WARD-1, NELLORE vs. VENKATA RAMANAMMA SAKAMURI, NELLORE

In the result, the appeal filed by the revenue being devoid and bereft of any substance is dismissed

Bench: Us:

69A and taxed it at higher rates under Section 115BBE. The case was scrutinized due to reported cash deposits. A notice under Section 148A(b) was issued with insufficient statutory notice time, violating procedural requirements. Subsequently, a notice under Section 148 was issued on 07.04.2022, beyond the permissible three-year limit under Section 149. Approval for this notice

LAXMI VENKATA KRISHNA RICE CORPORATION,NALGONDA vs. ITO, WARD-1, SURYAPET

In the result, the appeal filed by the assessee company is allowed in terms of our aforesaid observations

Bench: SHRI RAVISH SOOD, HON'BLE (Judicial Member), SHRI MADHUSUDAN SAWDIA HON'BLE (Accountant Member)

69A of the Act. Thereafter, the AO vide his order passed under section 147 r.w.s 144 r.w.s 144B of the Act, dated 16/03/2023 determined the income of the assessee firm at Rs.65,50,000/-. 6. Aggrieved the assessee firm carried the matter in appeal before the CIT(A) but without success. 7. The assessee firm being aggrieved with the order

DAYACHARY PONNEKANTI,HYDERABAD vs. DCIT, CIRCLE 1(1), HYDERABAD

69A as unexplained money. The assessee borrowed from friends and\nrelatives and loans are genuine\n9. Without prejudice to above, the appellant requests for an epportunity of\nproving the loans with documentary evidence as at 31.03.2016 of Rs.\n1,06,00,000/-.\n10. The Appellant craves leave to add, alter and/or substitute any ground of\nappeal, at any time before

INCOME TAX OFFICER, WARD 1, KHAMMAM vs. VARALAKSHMI CONSTRUCTIONS, KHAMMAM

In the result, both the appeal filed by the revenue are dismissed

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita Nos.303 & 304/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2014-15 & 2016-17) Income Tax Officer Vs. Varalakshmi Ward-1 Constructions Khammam Khammam Pan:Aagfv0744C (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri P Murali Mohan Rao, Ca राज" व "ारा/Revenue By:: Shri B Bala Krishna, Cit(Dr) सुनवाई की तारीख/Date Of Hearing: 23/01/2025 घोषणा की तारीख/Pronouncement: 04/02/2025 आदेश/Order Per Vijay Pal Raothese Two Appeals Filed By The Revenue Are Directed Against The Separate Orders Of The Learned Cit (A) Nfac Delhi Both Dated 22/01/2024 For The A.Ys 2014-15 & 2016-17 Respectively. The Revenue Has Raised Identical Grounds Of Appeal For These A.Ys. The Grounds Raised By The Revenue For The A.Y 2014-15 Are As Under:

section 44AD of I. T. Act, 1961. After taking into consideration all the material facts and circumstances of the case, the income of the assessee-firm is estimated @ 8% on gross contract receipts clear of depreciation, interest and remuneration paid to partners apart from assessing other income, if any, separately. Accordingly, the income is estimated @ 8% on the contract receipts

INCOME TAX OFFICER, WARD-1, KHAMMAM vs. VARALAKHSMI CONSTRUCTIONS, KHAMMAM

In the result, both the appeal filed by the revenue are dismissed

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita Nos.303 & 304/Hyd/2024 (िनधा"रण वष"/Assessment Years: 2014-15 & 2016-17) Income Tax Officer Vs. Varalakshmi Ward-1 Constructions Khammam Khammam Pan:Aagfv0744C (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri P Murali Mohan Rao, Ca राज" व "ारा/Revenue By:: Shri B Bala Krishna, Cit(Dr) सुनवाई की तारीख/Date Of Hearing: 23/01/2025 घोषणा की तारीख/Pronouncement: 04/02/2025 आदेश/Order Per Vijay Pal Raothese Two Appeals Filed By The Revenue Are Directed Against The Separate Orders Of The Learned Cit (A) Nfac Delhi Both Dated 22/01/2024 For The A.Ys 2014-15 & 2016-17 Respectively. The Revenue Has Raised Identical Grounds Of Appeal For These A.Ys. The Grounds Raised By The Revenue For The A.Y 2014-15 Are As Under:

section 44AD of I. T. Act, 1961. After taking into consideration all the material facts and circumstances of the case, the income of the assessee-firm is estimated @ 8% on gross contract receipts clear of depreciation, interest and remuneration paid to partners apart from assessing other income, if any, separately. Accordingly, the income is estimated @ 8% on the contract receipts