SIVA SHANKER REDDY GANDLURU, HYDERABAD,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-2(2), HYDERABAD

Appeals are treated as allowed for statistical purposes in above terms

Bench: Shri S.S.Godara & Shri Laxmi Prasad Sahu

disallowed in the original assessment proceeding cannot he permitted to be re-agitated or the assessment being reopened for bringing to tax certain income which had escaped assessment because the controversy on reassessment is confined to matters which are relevant only in respect of the income which had not been brought to tax during the course of the original assessment

ACIT, CENTRAL CIRCLE-3(1), HYDERABAD vs. VAMSI MOHAN VALLABHANENI, VIJAYAWADA

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

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdiaassessment Year: 2010-11 Deputy Commissioner Of Income Vs. Sri Vamsi Mohan Vallabhaneni, Tax, R/O.Vijayawada. Central Circle – 3(1), Hyderabad. Pan : Adrpv4231C (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao, C.A. Revenue By: Ms. M. Narmadha, Cit-Dr Date Of Hearing: 10.12.2024 10.12.2024 Date Of Pronouncement:

disallowance of deduction claimed under sections 10AA, 80- IA, 80-IAB, 80-IB, 80-IC, 80-ID or section 80-IE, if the return is furnished beyond the due date specified under sub- section (1) of section 139; or (vi) addition of income appearing in Form 26AS or Form 16A or Form 16 which has not been included in computing

ANDHRA PRADESH BEVERAGES CORPORATION LIMITED,HYDERABAD vs. DCIT, CIRCLE-1(1), HYDERABAD

disallowances like leave encashment and PF/gratuity, the appeals were dismissed due to lack of evidence. The levy of interest under Sections 234B and 234C was directed to be re-computed.", "result": "Partly Allowed", "sections": [ "147", "148", "143(3)", "40a(iib)", "234B", "234C", "139(1)", "37", "68A", "4", "4A", "4B", "4C", "23(1)", "23A

TELANGANA STATE MEDICAL COUNCIL,HYDERABAD vs. INCOME TAX OFFICER, (EXEMPTIONS) WARD-1(1), HYDERABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Ravish Sood & Shri Madhusudan Sawdia

23A) of the Act. The case of the assessee was selected for complete scrutiny, and the learned Assessing Officer (“Ld. AO”) completed the assessment under Section 143(3) read with Sections 143(3A) and 143(3B) of the Act on 15.04.2021, disallowing

ANDHRA PRADESH BEVERAGES CORPORATION LIMITED ,HYDERABAD vs. DCIT, CIRCLE-1(1), HYDERABAD

23A\nand 23B of the Andhra Pradesh Excise Act, 1968 shall be\ndeemed to be and always deemed to have been the income\nof the Government and due payment for the relevant years\nin terms of section 4B of Act 1993. The amendment further\nstates that, in the A.P. Excise Act, 1968, sec.23A and\nsec.23B shall be omitted.\n3.1.\nFor

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-6(1), HYDERABAD, HYDERABAD vs. SUSHEE PRASAD JV, HYDERABAD

In the result, the appeal of the revenue is allowed

Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2019-20 The Assistant Commissioner Of Vs. Sushee Prasad Jv, Hyderabad, Income Tax, Circle – 6(1), Plot No.246/A/2, Road Hyderabad. No.12, Mla Colony, Banjara Hills, Telangana – 500034. Pan : Aapas3540R. (Appellant) (Respondent) Assessee By: Shri S. Ramarao, Advocate. Revenue By: Shri Sesha Srinivas, Cit-Dr Date Of Hearing: 06.03.2024 Date Of Pronouncement: 12.03.2024

disallowance of 30% was unwarranted. 10. Section 40 provides as follows Amounts not deductible. 40. Notwithstanding anything to the contrary in sections 30 to 41[38], the following amounts shall not be deducted in computing the income chargeable under the head "Profits and gains of business or profession",— (a) in the case of any assessee— 42[(i)43 44any interest