DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(2), HYDERABAD vs. MAANAVEEYA DEVELOPMENT & FINANCE (P) LIMITED , HYDERABAD

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

35A filed on 21.04.2016, it is noticed that from pages 9 to ·13 of tile written submissions, a copy of the Form No. 3CEB Issued by fv1/s Venugopal & Chenoy, Chartered Accountants, Hyderabad is enclosed. The said form is perused, at page 13 of the written Page 6 of 8 ITA Nos 134 of 2017 and others Manaveeya Development and Finance

MAANAVEEYA DEVELOPMENT & FINANCE PRIVATE LIMITED, HYDERABAD,HYDERABAD vs. ACIT, CIRCLE-16(2), HYDERABAD, HYDERABAD

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

35A filed on 21.04.2016, it is noticed that from pages 9 to ·13 of tile written submissions, a copy of the Form No. 3CEB Issued by fv1/s Venugopal & Chenoy, Chartered Accountants, Hyderabad is enclosed. The said form is perused, at page 13 of the written Page 6 of 8 ITA Nos 134 of 2017 and others Manaveeya Development and Finance

DCIT, CIRCLE-16(2), HYDERABAD, HYDERABAD vs. MAANAVEEYA DEVELOPMENT & FINANCE PRIVATE LIMITED, HYDERABAD, HYDERABAD

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

35A filed on 21.04.2016, it is noticed that from pages 9 to ·13 of tile written submissions, a copy of the Form No. 3CEB Issued by fv1/s Venugopal & Chenoy, Chartered Accountants, Hyderabad is enclosed. The said form is perused, at page 13 of the written Page 6 of 8 ITA Nos 134 of 2017 and others Manaveeya Development and Finance

MAANAVEEYA DEVELOPMENT & FINANCE PRIVATE LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-16(2), HYDERABAD, HYDERABAD

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

35A filed on 21.04.2016, it is noticed that from pages 9 to ·13 of tile written submissions, a copy of the Form No. 3CEB Issued by fv1/s Venugopal & Chenoy, Chartered Accountants, Hyderabad is enclosed. The said form is perused, at page 13 of the written Page 6 of 8 ITA Nos 134 of 2017 and others Manaveeya Development and Finance

DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(2), HYDERABAD vs. MAANAVEEYA DEVELOPMENT & FINANCE PRIVATE LIMITED , HYDERABAD

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

35A filed on 21.04.2016, it is noticed that from pages 9 to ·13 of tile written submissions, a copy of the Form No. 3CEB Issued by fv1/s Venugopal & Chenoy, Chartered Accountants, Hyderabad is enclosed. The said form is perused, at page 13 of the written Page 6 of 8 ITA Nos 134 of 2017 and others Manaveeya Development and Finance

AUROBINDO PHARMA LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, the appeal of assessee is partly allowed

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

disallowing the weighed component of Research and Development expenditure which is not quantified by DSIR in Form No 3CL being Rs. 4,48,96,794/-.” 3. Submissions of the Assessee on the grounds of appeal: A) Commission on Corporate Guarantee (CG) [Rs. 10,93,47,091/-]: The facts in brief in relation to this issue are that 'the company

SRESTA NATURAL BIOPRODUCTS LIMITED,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX ,CIRCLE-3(2), HYDERABAD

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

Bench: Shri Laxmi Prasad Sahu & Shri K. Narasimha Charyassessment Year: 2017-2018 Sresta Natural Bioproducts Vs. Dy. Commissioner Of Ltd., Hyderabad. Income-Tax, Circle – 3(2), Pan – Aahcs 9571J Hyderabad. (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao Revenue By: Shri Yvst Sai Date Of Hearing: 10/03/2022 Date Of Pronouncement: 11/03/2022

Disallowance of prior period exp. Rs. 2,72,42,660 Addition on account of difference In custom duty paid Rs. 38,38,800 Assessed income (-)Rs. 2,37,59,210 3.3 Accordingly, the AO passed the draft assessment order dated 31/03/2021 incorporating the TPO’s order. 4. Aggrieved, the assessee filed objections before the DRP and the DRP dismissed