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144 results for “house property”+ Section 153clear

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Key Topics

Section 153C103Addition to Income86Section 13282Section 143(3)82Section 153A51Search & Seizure47Section 139(1)38Section 50C34Section 69

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

ITA 166/HYD/2020[2016-17]Status: DisposedITAT Hyderabad03 Sept 2021AY 2016-17

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri Aliasgar RampurwalaFor Respondent: Shri P. Chandra Sekhar
Section 115JSection 143(3)Section 14ASection 80I

house property and submitted that in accordance with ‘The Rule of Consistency’ and ‘The Doctrine of Judicial Discipline’, the order of Learned Commissioner of Income Tax (Appeals) be set-aside and the action of Learned Assessing Officer be restored. Our submission: a. Post the ITAT Order for AY 2011-12 the Hon’ble Supreme Court in the case

Showing 1–20 of 144 · Page 1 of 8

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29
Disallowance21
House Property16
Undisclosed Income16

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

ITA 165/HYD/2020[2014-15]Status: DisposedITAT Hyderabad03 Sept 2021AY 2014-15

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri Aliasgar RampurwalaFor Respondent: Shri P. Chandra Sekhar
Section 115JSection 143(3)Section 14ASection 80I

house property and submitted that in accordance with ‘The Rule of Consistency’ and ‘The Doctrine of Judicial Discipline’, the order of Learned Commissioner of Income Tax (Appeals) be set-aside and the action of Learned Assessing Officer be restored. Our submission: a. Post the ITAT Order for AY 2011-12 the Hon’ble Supreme Court in the case

RAIL ROAD CONSTRUCTIONS PRIVATE LIMITED ,ORISSA vs. DEPUTY COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE-1(3), HYDERABAD

In the result, both the appeals of the assessee are allowed in above terms

ITA 491/HYD/2021[2011-12]Status: DisposedITAT Hyderabad05 May 2022AY 2011-12

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahu

For Appellant: Shri P. Murali Mohan RaoFor Respondent: Shri T. Sunil Goutam
Section 131Section 132Section 132ASection 139Section 143(3)Section 147Section 148Section 149Section 151Section 153

house rent expenses of Rs.9,88,987/- debited under the head 'Traveling expenses' and by disallowing claim of expenditure of Rs.12,83,810/- being expenses not related to the heads under which they were claimed. :- 3 -: ITA Nos. 491 & 492/Hyd/2021 Rail Road Constructions Pvt. Ltd., Hyd. 5. When the assessee preferred an appeal before

RAIL ROAD CONSTRUCTIONS PRIVATE LIMITED ,ORISSA vs. DEPUTY COMMISSIONER OF INCOME TAX ,CENTRAL CIRCLE-1(3), HYDERABAD

In the result, both the appeals of the assessee are allowed in above terms

ITA 492/HYD/2021[2012-13]Status: DisposedITAT Hyderabad05 May 2022AY 2012-13

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahu

For Appellant: Shri P. Murali Mohan RaoFor Respondent: Shri T. Sunil Goutam
Section 131Section 132Section 132ASection 139Section 143(3)Section 147Section 148Section 149Section 151Section 153

house rent expenses of Rs.9,88,987/- debited under the head 'Traveling expenses' and by disallowing claim of expenditure of Rs.12,83,810/- being expenses not related to the heads under which they were claimed. :- 3 -: ITA Nos. 491 & 492/Hyd/2021 Rail Road Constructions Pvt. Ltd., Hyd. 5. When the assessee preferred an appeal before

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

In the result, appeal of Revenue and cross objection of the assessee are dismissed

ITA 22/HYD/2020[2013-14]Status: DisposedITAT Hyderabad28 Dec 2022AY 2013-14

Bench: Shri Inturi Rama Rao & Shri K.Narasimha Charyआ.अपी.सं / Ita No. 22/Hyd/2020 (निर्धारण वर्ा / Assessment Year: 2013-14) Deputy Commissioner Of M/S. Nsl Properties Private Income Tax, Vs. Limited, Circle-16(1), Hyderabad Hyderabad [Pan No. Aaccn7387G] (अपीलधर्थी / Appellant) (प्रत् यर्थी / Respondent)

For Appellant: Shri A.V.Raghuram, ARFor Respondent: Shri Rajendra Kumar, CIT-DR
Section 143(3)Section 147

house property. The excess claim of interest relating to interest free advances to related party works out to Rs. 8,17,02,507/-.” 11. The above reasons recorded by the learned Assessing Officer, proposing to reopen the concluded assessment clearly show that such proposed re-opening is not based on any tangible material that was brought on record

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

In the result, the C.O. filed by the assessee is allowed in above terms

ITA 497/HYD/2019[2010-11]Status: DisposedITAT Hyderabad29 Mar 2022AY 2010-11

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahu

For Appellant: Shri H. SrinivasuluFor Respondent: Shri Rajendra Kumar
Section 143(3)Section 147Section 148Section 148(2)Section 153ASection 69

153 :- 8 -: ITA No.. 497/Hyd/2019 and CO 16/H/2019 Coastal Projects Pvt. Ltd., Hyd. (iii) 5abharwal properties industries (P) Ltd -382 ITR 547 (Del) (iv) AV TEe Ltd -395 ITR 434 (Del) 7.5 The earned PClT, Central has mechanically and without application of mind has approved the proposal of AO to reopen the assessment. The reasons recorded, as furnished

ACIT, CENTRAL CIRCLE-2(3), HYDERABAD vs. JHANSI RANI BOPPANA, HYDERABAD

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

ITA 694/HYD/2022[2019-20]Status: DisposedITAT Hyderabad27 Jun 2024AY 2019-20

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

TARA CHAND BOPPANA,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(3), HYDERABAD

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

ITA 646/HYD/2022[2020-21]Status: DisposedITAT Hyderabad27 Jun 2024AY 2020-21

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

ACIT, CENTRAL CIRCLE-2(3), HYDERABAD vs. SARAT GOPAL BOPPANA, HYDERABAD

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

ITA 690/HYD/2022[2019-20]Status: DisposedITAT Hyderabad27 Jun 2024AY 2019-20

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

ACIT, CENTRAL CIRCLE-2(3), HYDERABAD vs. KAVYA BOPPANA, HYDERABAD

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

ITA 696/HYD/2022[2019-20]Status: DisposedITAT Hyderabad27 Jun 2024AY 2019-20

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

KAVYA BOPPANA,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(3), HYDERABAD

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

ITA 642/HYD/2022[2020-21]Status: DisposedITAT Hyderabad27 Jun 2024AY 2020-21

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

SARAT GOPAL BOPPANA,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(3),, HYDERABAD

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

ITA 637/HYD/2022[2018-19]Status: DisposedITAT Hyderabad27 Jun 2024AY 2018-19

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

SARAT GOPAL BOPPANA,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(3), HYDERABAD

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

ITA 638/HYD/2022[2019-20]Status: DisposedITAT Hyderabad27 Jun 2024AY 2019-20

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

ACIT, CENTRAL CIRCLE-2(3), HYDERABAD vs. TARA CHAND BOPPANA, HYDERABAD

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

ITA 692/HYD/2022[2019-20]Status: DisposedITAT Hyderabad27 Jun 2024AY 2019-20

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

For Appellant: Shri P. Murali MohanFor Respondent: Ms. TH Vijaya Lakshmi
Section 132(4)Section 153ASection 50C

153 sq.ft in different years and has leased out 2,32,144 sq.ft out of the reaming built up area. During the course of assessment proceedings, the Assessing Officer observed that by entering into the joint development agreement with the developer, the assessee has commercially exploited the property by carrying out business activities and has also undertaken inventory risk, credit

KAMLESH RANKA,HYDERABAD vs. INCOME TAX OFFICER, INTL. TAXATION-II, , HYDERABAD

In the result, appeal of the assessee is allowed

ITA 1597/HYD/2017[2012-13]Status: DisposedITAT Hyderabad12 Sept 2019AY 2012-13

Bench: Shri A. Mohan Alankamonyassessment Year: 2012-13 Kamlesh Ranka, Vs. Income Tax Officer, Hyderabad. Intl. Taxation-Ii, Pan: Acbpr 3953 N Hyderabad. (Appellant) (Respondent) Assessee By: Sri D. Satyanarayana Revenue By: Sri Nilanjan Dey Date Of Hearing: 22/07/2019 Date Of Pronouncement: 12/09/2019

For Appellant: Sri D. SatyanarayanaFor Respondent: Sri Nilanjan Dey
Section 139(1)Section 139(4)Section 143(3)Section 3Section 50Section 50CSection 54

House Property U/s. 54 of the Act Rs. 1,03,36,000) 5. Thereafter, the Ld. AO after examining the case of the assessee computed the LTCG of the assessee by adopting the assessee’s share of cost of construction at Rs. 6,89,557/-, invoking the provisions of section 50C of the Act and disallowing the investment made subsequent

ADALA BHANU REKHA,HYDERABAD vs. DCIT., CIRCLE-6(1), HYDERABAD

In the result, appeal filed by the assessee is allowed

ITA 583/HYD/2024[2017-18]Status: DisposedITAT Hyderabad05 Dec 2024AY 2017-18

Bench: Shri Manjunatha G. & Shri K. Narasimha Charyआ.अपी.सं /Ita No.583/Hyd/2024 (निर्धारण वर्ा/Assessment Year: 2017-18) Adala Bhanu Rekha Vs. Dcit Hyderabad Circle-6(1) [Pan : Accpa8679F] Hyderabad (Appellant) (Respondent) निर्धाररती द्वधरध/Assessee By: Shri Bg Reddy, Ar रधजस् व द्वधरध/Revenue By:: Shri Srinath Sadanala, Dr सुिवधई की तधरीख/Date Of Hearing: 25/11/2024 घोर्णध की तधरीख/Date Of 05/12/2024 Pronouncement: आदेश / Order Per. Manjunatha G., A.M: This Appeal Filed By The Assessee Is Directed Against The Order Dated 31/03/2024 Of The Learned Commissioner Of Income Tax (Appeals) [Learned Cit(A)], National Faceless Appeal Centre (Nfac), Delhi, Relating To A.Y.2017-18 On The Following Grounds :

For Appellant: Shri BG Reddy, ARFor Respondent: : Shri Srinath Sadanala, DR
Section 143(3)Section 147Section 148Section 54F

house, remaining properties are commercial properties and are let out for commercial purposes. All details were furnished to the CIT(A), however, the Ld.CIT(A) rejected the explanation furnished by the assessee and sustained the additions made by the Assessing Officer. The learned Counsel for the assessee further took our attention to paper book filed by the assessee and referred

VENKATESH GANGAKHEDKAR,HYDERABAD vs. ACIT., CIRCLE-9(1), HYDERABAD

In the result, the appeals of the assessee for all the four assessment years are allowed

ITA 902/HYD/2024[2015-16]Status: DisposedITAT Hyderabad31 Jul 2025AY 2015-16

Bench: Shri Manjunatha G & Shri Ravish Sood

For Appellant: CA, C. Maheswar ReddyFor Respondent: Shri Gurpreet Singh, Sr. AR
Section 132Section 139(1)Section 153C

house property or building. This fact has been admitted by Sri Manohar Rao Warlawar in his statement recorded under section 132(4) of the Act. The 9 ITA.Nos.901, 902, 903 & 904/Hyd./2024 assessee could not establish the payments referred to in the incriminating document with any evidence including source for the said payment. Although, the assessee claims that

VENKATESH GANGAKHEDKAR,HYDERABAD vs. ACIT., CIRCLE- 9(1), HYDERABAD

In the result, the appeals of the assessee for all the four assessment years are allowed

ITA 903/HYD/2024[2016-17]Status: DisposedITAT Hyderabad31 Jul 2025AY 2016-17

Bench: Shri Manjunatha G & Shri Ravish Sood

For Appellant: CA, C. Maheswar ReddyFor Respondent: Shri Gurpreet Singh, Sr. AR
Section 132Section 139(1)Section 153C

house property or building. This fact has been admitted by Sri Manohar Rao Warlawar in his statement recorded under section 132(4) of the Act. The 9 ITA.Nos.901, 902, 903 & 904/Hyd./2024 assessee could not establish the payments referred to in the incriminating document with any evidence including source for the said payment. Although, the assessee claims that

VENKATESH GANGAKHEDKAR,HYDERABAD vs. ACIT., CIRCLE-9(1), HYDERABAD

In the result, the appeals of the assessee for all the four assessment years are allowed

ITA 901/HYD/2024[2014-15]Status: DisposedITAT Hyderabad31 Jul 2025AY 2014-15

Bench: Shri Manjunatha G & Shri Ravish Sood

For Appellant: CA, C. Maheswar ReddyFor Respondent: Shri Gurpreet Singh, Sr. AR
Section 132Section 139(1)Section 153C

house property or building. This fact has been admitted by Sri Manohar Rao Warlawar in his statement recorded under section 132(4) of the Act. The 9 ITA.Nos.901, 902, 903 & 904/Hyd./2024 assessee could not establish the payments referred to in the incriminating document with any evidence including source for the said payment. Although, the assessee claims that

VENKATESH GANGAKHEDKAR ,HYDERABAD vs. ACIT., CIRCLE-9(1), HYDERABAD

In the result, the appeals of the assessee for all the four assessment years are allowed

ITA 904/HYD/2024[2017-18]Status: DisposedITAT Hyderabad31 Jul 2025AY 2017-18

Bench: Shri Manjunatha G & Shri Ravish Sood

For Appellant: CA, C. Maheswar ReddyFor Respondent: Shri Gurpreet Singh, Sr. AR
Section 132Section 139(1)Section 153C

house property or building. This fact has been admitted by Sri Manohar Rao Warlawar in his statement recorded under section 132(4) of the Act. The 9 ITA.Nos.901, 902, 903 & 904/Hyd./2024 assessee could not establish the payments referred to in the incriminating document with any evidence including source for the said payment. Although, the assessee claims that