DY. COMMISSIONER OF INCOME TAX , CIRCLE-3(1), HYDERABAD vs. SEW INFRASTRUCTURE LIMITED , HYDERABAD

In the result appeals filed by the Revenue\nITA

disallowance\nof deduction u/s 801A(4) in terms of provision of section\n80AC, the Id CIT(A) has erred in law in giving her\nfinding that deduction not claimed in original return u/s\n139(1) cannot be denied if claimed pursuant to notice\nu/s 153A

DY.COMMISSIONER OF INCOME TAX, CIRCLE 2(2), HYDERBAD vs. SEW INFRASTUCTURE LIMITED, HYDERABAD

disallowance\nof deduction u/s 801A(4) in terms of provision of section\n80AC, the Id CIT(A) has erred in law in giving her\nfinding that deduction not claimed in original return u/s\n139(1) cannot be denied if claimed pursuant to notice\nu/s 153A

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

disallowance\nof deduction u/s 801A(4) in terms of provision of section\n80AC, the Id CIT(A) has erred in law in giving her\nfinding that deduction not claimed in original return u/s\n139(1) cannot be denied if claimed pursuant to notice\nu/s 153A

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

In the result, the appeals filed by the assessee for A

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

Section u/s 143(3) r.w.s. 153A of the Act, making addition of Rs.15,89,486/- towards unaccounted receipts from sale of spent solvent / scrap. 3.1. The assessee has filed an appeal against the assessment order passed by the AO for A.Y. 2011-12 and challenged the disallowance

MSN PHARMACHEM PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Appeal are dismissed

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

Section 153A(1) of the Act commences from A.Y. 2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued u/s 153A of the Act for the instant assessment year i.e., A.Y. 2011- 12 is clearly beyond the tenth year and it falls outside the scope of ‘relevant assessment year’. Therefore, we are of the considered view that

MSN PHARMACHEM PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Appeal are dismissed

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

Section 153A(1) of the Act commences from A.Y. 2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued u/s 153A of the Act for the instant assessment year i.e., A.Y. 2011- 12 is clearly beyond the tenth year and it falls outside the scope of ‘relevant assessment year’. Therefore, we are of the considered view that

MSN LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Section 153A(1) of the Act commences from A.Y.\n2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued\nu/s 153A of the Act for the instant assessment year i.e., A.Y. 2011-\n12 is clearly beyond the tenth year and it falls outside the scope of\n‘relevant assessment year'. Therefore, we are of the considered view

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Section 153A(1) of the Act commences from A.Y.\n2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued\nu/s 153A of the Act for the instant assessment year i.e., A.Y. 2011-\n12 is clearly beyond the tenth year and it falls outside the scope of\n‘relevant assessment year'. Therefore, we are of the considered view

MSN LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Section 153A(1) of the Act commences from A.Y.\n2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued\nu/s 153A of the Act for the instant assessment year i.e., A.Y. 2011-\n12 is clearly beyond the tenth year and it falls outside the scope of\n‘relevant assessment year'. Therefore, we are of the considered view

MSN LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Section 153A(1) of the Act commences from A.Y.\n2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued\nu/s 153A of the Act for the instant assessment year i.e., A.Y. 2011-\n12 is clearly beyond the tenth year and it falls outside the scope of\n‘relevant assessment year'. Therefore, we are of the considered view

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

disallowance of expenditure and the validity of Section 153A notices.", "held": "The Tribunal held that the notice issued under Section

MSN LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Section 153A(1) of the Act commences from A.Y.\n2021-22 and ends with A.Y. 2012-13 and therefore, the notice issued\nu/s 153A of the Act for the instant assessment year i.e., A.Y. 2011-\n12 is clearly beyond the tenth year and it falls outside the scope of\n‘relevant assessment year'. Therefore, we are of the considered view

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Section 153A of the Income Tax Act were issued. The assessee's appeals arose from the orders of the Commissioner of Income Tax (Appeals) concerning the disallowance

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. HES INFRA PVT LTD., HYD, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

153A. The Ld. DR also relied upon the provisions of section 80AC and 80A(5) in support of the case of the revenue. 7.1. Further, it was submitted by the ld. DR that the Assessing Officer was correct in disallowing

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. HES INFRA PVT LTD., HYD, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

153A. The Ld. DR also relied upon the provisions of section 80AC and 80A(5) in support of the case of the revenue. 7.1. Further, it was submitted by the ld. DR that the Assessing Officer was correct in disallowing

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. HES INFRA PVT LTD., HYD, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

153A. The Ld. DR also relied upon the provisions of section 80AC and 80A(5) in support of the case of the revenue. 7.1. Further, it was submitted by the ld. DR that the Assessing Officer was correct in disallowing

DCIT, CENTRAL CIRLCE-2(1), HYD, HYDERABAD vs. HES INFRA PVT LTD., HYD, HYDERABAD

In the result, the appeal of Revenue in ITA

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

153A. The Ld. DR also relied upon the provisions of section 80AC and 80A(5) in support of the case of the revenue. 7.1. Further, it was submitted by the ld. DR that the Assessing Officer was correct in disallowing

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)

disallowance of loss claimed while passing order u/s 153A r.w.s. 143(3) of the Act for the AY 2016-17. 7. The Ld.CIT(A) ought to have appreciated the fact that return filed under Section