KAUSALYA AGRO FORMS & DEVELOPERS PRIVATE LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

INDUR DEVELOPERS AND AGENCIES PRIVATE LIMITED ,VIJAYAWADA vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

PREETHI FOODS AND VILLAS PRIVATE LIMITED ,KHAMMAM vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

KAPIL FOOD AND STRUCTURE PRIVATE LIMITED ,WARANGAL vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

KAUSALYA AGRO FORMS & DEVELOPERS PRIVATE LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

KAUSALYA MANAGEMENT SERVICES AND STRUCTURE PRIVATE LIMITED,KARIMNAGAR vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

KAUSALYA MANAGEMENT SERVICES AND STRUCTURE PRIVATE LIMITED ,KARIMNAGAR vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

PREETHI FOODS AND VILLAS PRIVATE LIMITED ,KHAMMAM vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

KASUSALYA SHELTERS PRIVATE LIMITED ,KARIMNAGAR vs. DY. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

KAPIL INFRA AVENUES PRIVATE LIMITED ,VIJAYAWADA vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

UJWALA PUBLICATIONS AND DEVELOPERS PRIVATE LIMITED ,WARANGAL vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

Bench: Shri A. Mohan Alankamony & Shri S.S. Godara

3) regular assessment on 18.03.2015 followed by his impugned action initiated section 148 proceedings vide notice dt.29.03.2019 on account of the following reasons recorded : ITA Nos.651 to 659, 666 to 676 and 678 to 691/Hyd/2020 12. Learned departmental representative would hardly rebut the clinching fact that the Assessing Officer had initiated the impugned proceedings after a lapse of more than

NALGONDA REALTORS PRIVATE LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri Laliet Kumar, Hon’Ble & Shri Manjunatha G, Hon’Ble

disallowed by the first appellate authority as well as the validity of the reassessment proceedings. 6. The first issue that came up for our consideration from the assessee's appeal is the validity of re-opening of assessment under Section 147 of the Act. 7. The learned counsel for the assessee, Shri S. Rama Rao, submitted that the assessment

NALGONDA REALTORS PRIVATE LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri Laliet Kumar, Hon’Ble & Shri Manjunatha G, Hon’Ble

disallowed by the first appellate authority as well as the validity of the reassessment proceedings. 6. The first issue that came up for our consideration from the assessee's appeal is the validity of re-opening of assessment under Section 147 of the Act. 7. The learned counsel for the assessee, Shri S. Rama Rao, submitted that the assessment

NALGONDA REALTORS PRIVATE LIMITED ,SECUNDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of the assessee is partly allowed

Bench: Shri Laliet Kumar, Hon’Ble & Shri Manjunatha G, Hon’Ble

disallowed by the first appellate authority as well as the validity of the reassessment proceedings. 6. The first issue that came up for our consideration from the assessee's appeal is the validity of re-opening of assessment under Section 147 of the Act. 7. The learned counsel for the assessee, Shri S. Rama Rao, submitted that the assessment

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD vs. B.RAMALINGA RAJU , HYDERABAD

In the result, the appeal of Revenue in ITA No

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

disallowance in respect of the items of club fees, gifts and presents, etc., then in view of our discussion as above, he would have been justified as per Explanation 3 to reduce the claim of deduction under sections 80HH and 80-I as well.” 18. With regard to the Revenue's reliance on the judgment in the case of Govindaraju

ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD vs. B.RAMALINGA RAJU, HYDERABAD

In the result, the appeal of Revenue in ITA No

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia

disallowance in respect of the items of club fees, gifts and presents, etc., then in view of our discussion as above, he would have been justified as per Explanation 3 to reduce the claim of deduction under sections 80HH and 80-I as well.” 18. With regard to the Revenue's reliance on the judgment in the case of Govindaraju

PRATHIMA INFRASTRUCTURE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(4), HYDERABAD

In the result, appeals filed by the Revenue are dismissed

131 of the Act, have confirmed execution of work and furnished supporting details, though some had initially made contrary statements during search. 75. We further find that, the primary objections of the Revenue such as engagement of employees of group companies as sub- contractors, alleged lack of proper documentation and appraisal systems, deficiencies pointed out in internal audit reports

ACIT., CENTRAL CIRCLE-2(4), HYDERABAD vs. PRATHIMA INFRASTRUCTURE LIMITED, HYDERABAD

In the result, appeals filed by the Revenue are dismissed

131 of the Act, have confirmed execution of work and furnished supporting details, though some had initially made contrary statements during search. 75. We further find that, the primary objections of the Revenue such as engagement of employees of group companies as sub- contractors, alleged lack of proper documentation and appraisal systems, deficiencies pointed out in internal audit reports