ACIT, CIRCLE-5(1), HYDERABAD vs. USHODAYA ENTERPRISES PRIVATE LIMITED, HYDERABAD

14. On the issue whether the respondent-assessee could have earned\ndividend income and even if no dividend income was earned, yet Section\n14A can be invoked and disallowance

KRISHNA KISHORE REDDY MANYAM ,HYDERABAD vs. INCOME TAX OFFICER, WARD-6(4) , HYDERABAD

In the result, the appeal filed by the assessee is partly allowed\nfor statistical purposes in terms of our aforesaid observations

14,19,300/- and Section 54F of Rs.2,53,56,201/-.\n4.\nOn being queried, the assessee to support his claim for\nexemption under Section 54B of the Act filed with the A.O. copies\nof the sale deeds/sale agreements evidencing investments in\nagricultural lands of Rs.1,17,75,000/-. However, the assessee\ndespite sufficient opportunity, failed to place on record

PRASAD FILM LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CIRCLE-6(1), HYDERABAD

In the result appeal of the assessee is dismissed

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

disallowance under section 14A to Rs.10,67,172/-. Therefore, we are of the considered view that, there is no merit in the arguments of the assessee and thus, we reject the argument of the assessee and uphold the addition made by the Assessing Officer under section 14A of the Income Tax Act, 1961. 14

FEDERATION OF AP COOPERATIVE URBAN BANKS AND CREDIT SOCIETIES LIMITED HYD,HYDERABAD vs. ITO., WARD-9(1), HYDERABAD

In the result, appeal filed by the assessee is allowed

Bench: Shri Ravish Sooda N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.464/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2019-20) Federation Of Ap Vs. Income Tax Officer Cooperative Urban Banks Ward 9(1) & Credit Societies Ltd. Hyderabad Hyd, Hyderabad Pan:Aaaaf7350F (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri S. Rama Rao, Advocate राज" व "ारा/Revenue By:: Shri V. Ravish Bhatt, Sr. Dr सुनवाई की तारीख/Date Of Hearing: 29/10/2025 घोषणा की तारीख/Pronouncement: 07/11/2025

disallowance of deduction under Section 80P of the Act amounting to Rs.36,70,431/- made while processing the return under Section 143(1). 14

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)

14. The learned counsel for the assessee Shri G. Srinivasa Rao, C.A. submitted that, the Ld. CIT(A) erred in confirming the disallowance made under Section

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)

14. The learned counsel for the assessee Shri G. Srinivasa Rao, C.A. submitted that, the Ld. CIT(A) erred in confirming the disallowance made under Section

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)

14. The learned counsel for the assessee Shri G. Srinivasa Rao, C.A. submitted that, the Ld. CIT(A) erred in confirming the disallowance made under Section

CHINTALAPATI HOLDINGS PVT.LTD., HYD,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYD, HYDERABAD

Bench: Shri Rama Kanta Panda & Shri K. Narasimha Chary

14 of 22 ITA No. 385 & 386/Hyd/2015 DCIT and the decision of Hon’ble Bombay High Court in the case of CIT vs. M/s. Delite Enterprises no disallowance under section

CHINTALAPATI HOLDINGS PRIVATE LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-1(2), HYDERABAD, HYDERABAD

Bench: Shri Rama Kanta Panda & Shri K. Narasimha Chary

14 of 22 ITA No. 385 & 386/Hyd/2015 DCIT and the decision of Hon’ble Bombay High Court in the case of CIT vs. M/s. Delite Enterprises no disallowance under section

CHINTALAPATI HOLDINGS PVT.LTD., HYD,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYD, HYDERABAD

Bench: Shri Rama Kanta Panda & Shri K. Narasimha Chary

14 of 22 ITA No. 385 & 386/Hyd/2015 DCIT and the decision of Hon’ble Bombay High Court in the case of CIT vs. M/s. Delite Enterprises no disallowance under section

KAUSALYA AGRO FARMS AMD DEVELOPERS PRIVATE LIMITED,HYDERABAD vs. ITO., WARD-2(1), HYDERABAD

In the result, the appeal of the assessee is allowed for statistical purposes, in terms of our above findings

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

14 investment and delete the corresponding disallowance under section 36(1)(iii) of the Act. 10.4 As far as the other

ACIT., CIRCLE-5(1), HYDERABAD vs. PENNA CEMENT INDUSTRIES LIMITED, HYDERABAD

section 14A of the Act can\nbe made if the assessee had not earned any exempt income during\nthe year under consideration. The tribunal relied on the Delhi High\nCourt cases of Era Infrastructure (India) Ltd., (2022) 141 taxmann.com\n289 and IL&FS Energy Development Co. Ltd, (2017) 84 taxmann.com\n186 and also the memorandum of Finance Bill, 2022 accordingly

JASPER INDUSTRIES PVT LTD,HYDERABAD vs. DCIT., CIRCLE-2(1), HYDERABAD

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

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

disallowance made under Section 14A read with Rule 8D to the extent of exempt dividend income of Rs. 23,000/- only. 14

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

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

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

Section 14A of the Act and disallowance towards interest on redeemable debentures. 14. The assessee carried the matter in appeal

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

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

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

Section 14A of the Act and disallowance towards interest on redeemable debentures. 14. The assessee carried the matter in appeal

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

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

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

Section 14A of the Act and disallowance towards interest on redeemable debentures. 14. The assessee carried the matter in appeal

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

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

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

Section 14A of the Act and disallowance towards interest on redeemable debentures. 14. The assessee carried the matter in appeal

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

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

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

Section 14A of the Act and disallowance towards interest on redeemable debentures. 14. The assessee carried the matter in appeal