DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD vs. NSL RENEWABLE POWER PRIVATE LIMITED, HYDERABAD

In the result, the appeals of the revenue are partly allowed for statistical purposes in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

Business income (-)8,50,55,252 B. Income from house property 15,49,369 C. Income from STCG 10,44,14,475 D. Income

DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD vs. NSL RENEWABLE POWER PRIVATE LIMITED, HYDERABAD

In the result, the appeals of the revenue are partly allowed for statistical purposes in above terms

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

Business income (-)8,50,55,252 B. Income from house property 15,49,369 C. Income from STCG 10,44,14,475 D. Income

DY. COMMISSIONER OF INCOME TAX , CIRCLE-1(2), HYDERABAD vs. CACHE PROPERTIES PRIVATE LIMITED, HYDERABAD

In the result, both the appeals of revenue are dismissed

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

Properties Pvt. Ltd., Hyd. 5. As regards the treating the income as business income by the AO, the CIT(A) directed the AO to treat the income from letting out of flats as income from house

DY. COMMISSIONER OF INCOME TAX , CIRCLE-1(2), HYDERABAD vs. CACHE PROPERTIES PRIVATE LIMITED , HYDERABAD

In the result, both the appeals of revenue are dismissed

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

Properties Pvt. Ltd., Hyd. 5. As regards the treating the income as business income by the AO, the CIT(A) directed the AO to treat the income from letting out of flats as income from house

GARIKAPATI RAGHURAM, HYDERABAD,HYDERABAD vs. DCIT, INTERNATIONAL TAXATION, HYDERABAD, HYDERABAD

Appeal is dismissed and additional ground No

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

business or to exploitation of his property by an owner. The assessee when exploited the property to derive rental income it has to be held that the income realized by him by way of rental income from a building if the property with other asset attached to the building to be assessed as 'income from house

SATYA SAYEE BABU DIVI,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(1), HYDERABAD

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

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1268/Hyd/2025 ("नधा"रण वष"/Assessment Year:2022-23) Satya Sayee Babu Divi, Vs. Acit, Hyderabad. Central Circle-2(1), Pan: Ayeps7457B Hyderabad. (Appellant) (Respondent) "नधा"रती "वारा/Assessee By: Shri Amrit Kumar Kota, Ca राज" व "वारा/Revenue By:: Ms. Payal Gupta, Sr.Ar सुनवाई क" तार"ख/Date Of Hearing: 09/02/2026 घोषणा क" तार"ख/Pronouncement: 13/02/2026 आदेश/Order Per Madhusudan Sawdia, A.M.: This Appeal Is Filed By Shri Satya Sayee Babu Divi, (“The Assessee”), Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-12, Hyderabad (“Ld. Cit(A)”), Dated 25/06/2025 For The Assessment Year (“A.Y.”) 2022-23. 2. The Assessee Has Raised The Following Grounds Of Appeal:

property as self-occupied. However, the same was used for the Business of Svaasa Infra Limited(LLP) where the assessee is the partner. 7. The Commissioner of Income Tax (Appeals) erred in adding Rs. 1,60,920/- to the total income of the assessee under the head of Income from House

HYDERABAD INFRATECH PRIVATE LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(2), HYDERABAD

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

Bench: Shri Ravish Sood & Shri Madhusudan Sawdia

property, it is possible to say on which side the operations fall and to what head the income is to be assigned.” 9. After applying the aforesaid principle to the facts, which were there before the Court, it came to the conclusion that income had to be treated as income from business and not as income from house

BALA REDDY GOPU, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-2(1), HYDERABAD, HYDERABAD

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

Bench: Shri D. Manmohan & Shri S. Rifaur Rahman

house property’ in the normal case however, when the activity and objects of the assessee are mainly to letting out and earning profit is the particular objective, thus, such income can be assessed only under the head ‘income from business

IMPACT METALAS LIMITED, MEDAK DIST.,HYDERABAD vs. DCIT, CIRCLE-2(1), HYDERABAD, HYDERABAD

In the result, assessee’s appeal is partly allowed

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahmanm/S. Impact Metals Ltd Vs Dy. Commissioner Of Income Medak Tax, Circle 2(1) Pan: Aaaci4546A Hyderabad (Appellant) (Respondent)

income from house property or business income, we find that the assessee had initially offered the income as income from

DY. COMMISSIONER OF INCOME TAX , CIRCLE-16(1), HYDERABAD vs. L & T METRO RAIL (HYDERABAD) LIMITED, HYDERABAD

In the result, appeal of the Revenue is allowed

Bench: Shri A. Mohan Alankamony & Shri S.S. Godaraassessment Year: 2016-17 Dcit, Vs. L & T Metro Rail Circle-16(1), (Hyderabad) Limited, Hyderabad. Hyderabad. Pan: Aabcl 8521 D (Appellant) (Respondent) Assessee By: Shri Ashik Shah Revenue By: Sri B. Sunil Kumar, Dr Date Of Hearing: 25/10/2021 Date Of Pronouncement: 21/01/2022 Order Per A. Mohan Alankamony, Am.:

business, invests surplus funds in its hands for purchase of land or house property and later sells it at profit, the gain made by the company will be assessable under the head 'Capital gains'. Similarly, if a company purchases rented house and gets rent, such rent will be assessable to tax under section 22 as income

K.RAHEJA IT PARK (HYDERABAD) PVT.LTD., HYD,HYDERABAD vs. DCIT, CIRCLE-2(1), HYDERABAD, HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Satbeer Singh Godara & Laxmi Prasad Sahushri Assessment Year: 2011-12 K. Raheja It Park ` Dy. Commissioner Of (Hyderabad) Pvt. Ltd., Income-Tax, Hyderabad. Circle – 2(1), Hyderabad. Pan – Aacck 1914G (Appellant) (Respondent) Assessee By: Shri Vijay Mehta & Ms. Aarthi Sathe Revenue By Shri Yvst Sai Date Of Hearing: 18/03/2021 Date Of Pronouncement: 06/05/2021

business or profession'. A deduction of Rs 13,02,62,800 was claimed u/s 80-IA(4)(iii) of the Act. b. Vide order dated 31 March 2013, the Ld AD. disallowed the claim of deduction u/s 80-IA of the Act on the ground that the appellant has offered the income under the head income from house property

INCOME TAX OFFICER, WARD-2(1), HYDERABAD vs. KSK WIND ENERGY HALAGALI BENCHI PRIVATE LIMIED , HYDERABAD

In the result, all the four appeals of the Revenue are allowed

Bench: Shri A. Mohan Alankamony & Shri S.S. Godaraassessment Year: 2014-15 Income Tax Officer, Vs. Ksk Wind Energy Ward-2(1), Halagali Benchi Private Hyderabad. Limited, Hyderabad. Pan: Aaeck 1965 F (Appellant) (Respondent) Assessee By: Sri S. Rama Rao Revenue By: Sri Sunil Gowtham, Sr. Ar Assessment Year: 2014-15 Income Tax Officer, Vs. Ksk Wind Power Ward-2(1), Sankonahatti Athni Hyderabad. Private Limited, Hyderabad. Pan: Aaeck 1900 C (Appellant) (Respondent) Assessee By: Sri S. Rama Rao Revenue By: Sri Sunil Gowtham, Sr. Ar Assessment Year: 2014-15 Income Tax Officer, Vs. Ksk Wind Power Ward-2(1), Aminabhavi Chikodi Hyderabad. Private Limited, Hyderabad. Pan: Aaeck 1888 R (Appellant) (Respondent)

business, invests surplus funds in its hands for purchase of land or house property and later sells it at profit, the gain made by the company will be assessable under the head 'Capital gains'. Similarly, if a company purchases rented house and gets rent, such rent will be assessable to tax under section 22 as income

INCOME TAX OFFICER, WARD-2(1), HYDERABAD vs. KSK WIND POWER SANKONAHATTI ATHNI PRIVATE LIMIED, HYDERABAD

In the result, all the four appeals of the Revenue are allowed

Bench: Shri A. Mohan Alankamony & Shri S.S. Godaraassessment Year: 2014-15 Income Tax Officer, Vs. Ksk Wind Energy Ward-2(1), Halagali Benchi Private Hyderabad. Limited, Hyderabad. Pan: Aaeck 1965 F (Appellant) (Respondent) Assessee By: Sri S. Rama Rao Revenue By: Sri Sunil Gowtham, Sr. Ar Assessment Year: 2014-15 Income Tax Officer, Vs. Ksk Wind Power Ward-2(1), Sankonahatti Athni Hyderabad. Private Limited, Hyderabad. Pan: Aaeck 1900 C (Appellant) (Respondent) Assessee By: Sri S. Rama Rao Revenue By: Sri Sunil Gowtham, Sr. Ar Assessment Year: 2014-15 Income Tax Officer, Vs. Ksk Wind Power Ward-2(1), Aminabhavi Chikodi Hyderabad. Private Limited, Hyderabad. Pan: Aaeck 1888 R (Appellant) (Respondent)

business, invests surplus funds in its hands for purchase of land or house property and later sells it at profit, the gain made by the company will be assessable under the head 'Capital gains'. Similarly, if a company purchases rented house and gets rent, such rent will be assessable to tax under section 22 as income

SURENDRA BABU SABBINENI,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(2), HYDERABAD

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

Bench: Shri R.K. Panda & Shri K. Narasimha Charyassessment Year: 2010-11

business. Secondly, the A.O has agreed that the Act does not create any distinction between rental income from a residential property and rental income from a commercial property, that is to say the income is assessable under the Head "House

GOWRI SHANKAR GUPTA,HYDERABAD vs. INCOME TAX OFFICER, WARD-2(3), HYDERABAD

income from house property, business, capital gains and other sources. The business of the assessee consists of letting out on hire

DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD vs. AGRI GOLD FOODS AND FARM PRODUCTS LIMITED, VIJAYAWADA

In the result, all the appeals filed by the assessee as well as the Revenue are allowed for statistical purposes

Bench: Shri R.K. Panda, Vice- & Shri K. Narasimha Charyappeal In Ita No Appellant Respondent A.Y 1998/Hyd/2017 Sri Avva Venkata Dy.Cit, Central Circle 2(4) 2013-14 Rama Rao, Hyderabad Vijayawada Pan:Abspa6432H 1999/Hyd/2017 -Do- -Do- 2014-15 14/Hyd/2018 Dy.Cit, Central Nagavalli Planters (P) Ltd., 2012-13 Circle 2(4) Vijayawada Hyderabad Pan:Aaccn5193Q 15/Hyd/2018 -Do- -Do- 2013-14 762/Hyd/2018 -Do- Agri Gold & Farm Products 2014-15 Ltd, Hyderabad Pan:Aabca8733E 216/Hyd/2018 Dy.Cit, Central Haritha Moana Agro 2012-13 Circle 2(4) Projects (P) Ltd, Hyderabad Hyderabad Pan:Aabch8633E 217/Hyd/2018 -Do- -Do- 2013-14 219/Hyd/2018 -Do- -Do- 2013-14 Assessee By: Shri M.V. Prasad, Ca Revenue By: Shri Jeevan Lal Lavidiya, Cit(Dr)

house property, deduction claimed under Chapter VIA and the maturity proceeds of the fixed deposits credited in the Bank Accounts. Considering the totality of the facts of the case and in the interest of justice, we deem it proper to restore the issue to the file of the Assessing Officer with a direction to grant one last opportunity

DY. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-2(4), HYDERABAD vs. HARITHA MOHANA AGRO PROJECTS PRIVATE LIMITED, HYDERABAD

In the result, all the appeals filed by the assessee as well as the Revenue are allowed for statistical purposes

Bench: Shri R.K. Panda, Vice- & Shri K. Narasimha Charyappeal In Ita No Appellant Respondent A.Y 1998/Hyd/2017 Sri Avva Venkata Dy.Cit, Central Circle 2(4) 2013-14 Rama Rao, Hyderabad Vijayawada Pan:Abspa6432H 1999/Hyd/2017 -Do- -Do- 2014-15 14/Hyd/2018 Dy.Cit, Central Nagavalli Planters (P) Ltd., 2012-13 Circle 2(4) Vijayawada Hyderabad Pan:Aaccn5193Q 15/Hyd/2018 -Do- -Do- 2013-14 762/Hyd/2018 -Do- Agri Gold & Farm Products 2014-15 Ltd, Hyderabad Pan:Aabca8733E 216/Hyd/2018 Dy.Cit, Central Haritha Moana Agro 2012-13 Circle 2(4) Projects (P) Ltd, Hyderabad Hyderabad Pan:Aabch8633E 217/Hyd/2018 -Do- -Do- 2013-14 219/Hyd/2018 -Do- -Do- 2013-14 Assessee By: Shri M.V. Prasad, Ca Revenue By: Shri Jeevan Lal Lavidiya, Cit(Dr)

house property, deduction claimed under Chapter VIA and the maturity proceeds of the fixed deposits credited in the Bank Accounts. Considering the totality of the facts of the case and in the interest of justice, we deem it proper to restore the issue to the file of the Assessing Officer with a direction to grant one last opportunity

AVVA VENKATA RAMA RAO,VIJAYAWADA vs. DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(4), HYDERABAD

In the result, all the appeals filed by the assessee as well as the Revenue are allowed for statistical purposes

Bench: Shri R.K. Panda, Vice- & Shri K. Narasimha Charyappeal In Ita No Appellant Respondent A.Y 1998/Hyd/2017 Sri Avva Venkata Dy.Cit, Central Circle 2(4) 2013-14 Rama Rao, Hyderabad Vijayawada Pan:Abspa6432H 1999/Hyd/2017 -Do- -Do- 2014-15 14/Hyd/2018 Dy.Cit, Central Nagavalli Planters (P) Ltd., 2012-13 Circle 2(4) Vijayawada Hyderabad Pan:Aaccn5193Q 15/Hyd/2018 -Do- -Do- 2013-14 762/Hyd/2018 -Do- Agri Gold & Farm Products 2014-15 Ltd, Hyderabad Pan:Aabca8733E 216/Hyd/2018 Dy.Cit, Central Haritha Moana Agro 2012-13 Circle 2(4) Projects (P) Ltd, Hyderabad Hyderabad Pan:Aabch8633E 217/Hyd/2018 -Do- -Do- 2013-14 219/Hyd/2018 -Do- -Do- 2013-14 Assessee By: Shri M.V. Prasad, Ca Revenue By: Shri Jeevan Lal Lavidiya, Cit(Dr)

house property, deduction claimed under Chapter VIA and the maturity proceeds of the fixed deposits credited in the Bank Accounts. Considering the totality of the facts of the case and in the interest of justice, we deem it proper to restore the issue to the file of the Assessing Officer with a direction to grant one last opportunity