ACIT, CENTRAL CIRCLE-3(1), HYDERABAD vs. SRI CHAITANYA EDUCATIONAL COMMITTE, VIJAYAWADA

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

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

house property', 'profits and gains of business or profession' and capital gains and income from other sources. In the instant case considering the activity of the assessee the other income which has to be taxed at normal rates has to be computed under the head 'profits and gains of business or profession' as the activity of the assessee is akin

GOVINDA RAJULU DHONDU,HYDERABAD vs. ACIT, CIRCLE-12(1), HYDERABAD

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

Bench: Shri R.K. Panda & Shri K. Narasimha Charyassessment Year: 2019-20

house property and other sources. The assessee also derived income from Capital Gain in respect of property situated in USA. For the assessment year 2019-20, he filed his return of income in ITR-2 admitting total income of Rs. 6,18,77,640/- which includes Long Term and Short-Term capital gain derived outside India (in USA) amounting

GNANASEKARAN MANIKANDAN,HYDERABAD vs. ITO., WARD-7(1), HYDERABAD

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita Nos.377 & 404/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2009-10 & 2017-18) Shri Gnanasekaran Vs. Income Tax Officer Manikandan, Hyderabad Ward 7 (1) Pan:Aeqpm0159J Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri B Yadagiri, Ca राज" व "ारा/Revenue By:: Ms. Sankari Pandi, P, Sr.Ar सुनवाई की तारीख/Date Of Hearing: 08/09/2025 घोषणा की तारीख/Pronouncement: 17/09/2025 आदेश/Order

house property. It is pertinent to note that the assessment of income in the hand of the assessee while processing the return of income at 5 times of the real income is nothing but a highly arbitrary and unjustified demand of tax on the part of the Department. Thus, not deciding the case of the assessee on merits would definitely

GNANASEKARAN MANIKANDAN,HYDERABAD vs. ITO., WARD-7(1), HYDERABAD

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita Nos.377 & 404/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2009-10 & 2017-18) Shri Gnanasekaran Vs. Income Tax Officer Manikandan, Hyderabad Ward 7 (1) Pan:Aeqpm0159J Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri B Yadagiri, Ca राज" व "ारा/Revenue By:: Ms. Sankari Pandi, P, Sr.Ar सुनवाई की तारीख/Date Of Hearing: 08/09/2025 घोषणा की तारीख/Pronouncement: 17/09/2025 आदेश/Order

house property. It is pertinent to note that the assessment of income in the hand of the assessee while processing the return of income at 5 times of the real income is nothing but a highly arbitrary and unjustified demand of tax on the part of the Department. Thus, not deciding the case of the assessee on merits would definitely

UPAKAR INFRA PROJECTS PRIVATE LIMITED,HYDERABAD vs. ACIT, CENT CIR-2(4), HYDERABAD

In the result, both the appeals filed by the assessee are allowed for statistical purposes

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita Nos.377 & 404/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2009-10 & 2017-18) Shri Gnanasekaran Vs. Income Tax Officer Manikandan, Hyderabad Ward 7 (1) Pan:Aeqpm0159J Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri B Yadagiri, Ca राज" व "ारा/Revenue By:: Ms. Sankari Pandi, P, Sr.Ar सुनवाई की तारीख/Date Of Hearing: 08/09/2025 घोषणा की तारीख/Pronouncement: 17/09/2025 आदेश/Order

house property. It is pertinent to note that the assessment of income in the hand of the assessee while processing the return of income at 5 times of the real income is nothing but a highly arbitrary and unjustified demand of tax on the part of the Department. Thus, not deciding the case of the assessee on merits would definitely

ANANTAPUR DISTRICT CO-OPERATIVE STAFF CO-OPERATIVE SOCIETY LIMITED,ANANTAPUR vs. ITO., WARD-1, ANANTAPUR

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

Bench: Shri K. Narasimha Chary & Shri Madhusudan Sawdiaआ.आआआ.आआ /Ita No.1142/Hyd/2024 (आआआआआआआआ आआआआ/Assessment Year:2016-17) M/S. Anantapur District Co- Income Tax Officer, Vs. Ward-1, Anantapur. Operative Staff Co-Operative Society Limited, Anantapur. Pan:Aaeaa0133B (Appellant) (Respondent) आआआआआआआआआआ आआआआआआ/Assessee Dr. D. Harish Chandra Rama, Ca By: आआआआआआ आआआआआआ/Revenue By: Dr. Sachin Kumar, Sr-Dr आआआआआआ आआ आआआआआ/Date Of 24/02/2025 Hearing: आआआआआ आआ 04/03/2025 आआआआआ/Pronouncement: आआआआ/Order Per Madhusudan Sawdia, A.M.: This Appeal Is Filed By M/S. Anantapur District Co-Operative Staff Co-Operative Society Limited (“The Assessee”), Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi (“Ld. Cit(A)”), Dated 05.09.2024 For The A.Y. 2016-17. 2. The Facts Of The Case Are That The Assessee Is An Association Of Persons (“Aop”), Not Filed Any Return Of Income (“Roi”) U/S.139 Of The Income Tax Act, 1961 ('The Act'). From The Information

rectification application before Centralized Processing Centre, Bangalore, however, the same was denied without giving any proper reasons and assessee filed the appeal before the learned CIT(A) and learned CIT(A) did not decide the issue on merits, however, he proceeded to decide the issue on technical ground whether assessee should file the appeal under section 143(1) or 154

JT. COMMISSIONER OF INCOME TAX(OSD), CENTRAL CIRLCE-1(4), HYDERABAD vs. MEDHA SERVO DRIVES PRIVATE LIMITED, HYDERABAD

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

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

U/s. 14A of the Act has rightly been allowed by the Ld. CIT(A). We find from the order of the Ld. CIT(A) that there is no exempt income earned by the assessee during the impugned assessment year and he has relied on certain judgments while deciding the issue in favour of the assessee. The Hon’ble Delhi High

JT. COMMISSIONER OF INCOME TAX(OSD), CENTRAL CIRLCE-1(4), HYDERABAD vs. MEDHA SERVO DRIVES PRIVATE LIMITED, HYDERABAD

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

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

U/s. 14A of the Act has rightly been allowed by the Ld. CIT(A). We find from the order of the Ld. CIT(A) that there is no exempt income earned by the assessee during the impugned assessment year and he has relied on certain judgments while deciding the issue in favour of the assessee. The Hon’ble Delhi High

VIVIMED LABS LIMITED,HYDERABAD vs. 500082 ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE2-(3), HYDERABAD

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

154/- based on suspicions and surmises without having any cogent reasoning. Objection No.11.1.1: The Ld. AO erred in making the addition to the income of the assessee only on presumption, without making the addition to the income of the assessee only on presumption, without bringing any corroborative evidence on record to substantiate the claim of alleged payment of sales expenditure

VIVIMED LABS LIMITED,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX , HYDERABAD

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

154/- based on suspicions and surmises without having any cogent reasoning. Objection No.11.1.1: The Ld. AO erred in making the addition to the income of the assessee only on presumption, without making the addition to the income of the assessee only on presumption, without bringing any corroborative evidence on record to substantiate the claim of alleged payment of sales expenditure

VIVIMED LABS LIMITED,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX CENTRAL CIRCLE2-(3), HYDERABAD

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

154/- based on suspicions and surmises without having any cogent reasoning. Objection No.11.1.1: The Ld. AO erred in making the addition to the income of the assessee only on presumption, without making the addition to the income of the assessee only on presumption, without bringing any corroborative evidence on record to substantiate the claim of alleged payment of sales expenditure

VIVIMED LABS LIMITED,HYDERABAD vs. ASSISTANT COMMISSIONER OF INCOME TAX 2(3), HYDERABAD

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

154/- based on suspicions and surmises without having any cogent reasoning. Objection No.11.1.1: The Ld. AO erred in making the addition to the income of the assessee only on presumption, without making the addition to the income of the assessee only on presumption, without bringing any corroborative evidence on record to substantiate the claim of alleged payment of sales expenditure

HIGHRADIUS TECHNOLOGIES PRIVATE LIMITED,HYDERABAD vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE -2(1), HYDERABAD

Bench: Us:

house R&D projects, i.e., investment in technology IP development, especially those related to automotive, broadcast, and communication. 28. We, thus, in terms of our aforementioned observations are of the view that Tata Elxsi Ltd (supra) operates in the fields of product design, engineering, and R&D, providing solutions for automotive broadcast, healthcare sectors, and further owns intellectual property