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135 results for “house property”+ Section 156(3)clear

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Key Topics

Section 14894Section 153C85Addition to Income60Section 13257Search & Seizure39Survey u/s 133A32Section 143(3)31Capital Gains30Section 133A

DCIT., (INTERNATIONAL TAXATION)-1, HYDERABAD vs. SYAMA REDDY MALI REDDY, HYDERABAD

ITA 366/HYD/2025[2019-20]Status: DisposedITAT Hyderabad03 Sept 2025AY 2019-20
Section 143(2)Section 143(3)Section 144C(3)Section 54Section 54F

3. The Assessing Officer referred to the copy of the flat buyers agreement\ndated 9th February, 2006 between the assessee and the builder and\nobserved that the ownership in the new property would be conferred on\nthe date of issuance of occupation certificate. Further, the expected date\nof completion was 36 months from the date of the agreement dated

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

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

ITA 325/HYD/2023[2012-13]Status: Disposed

Showing 1–20 of 135 · Page 1 of 7

26
Section 2(14)25
Section 13924
Section 6922
ITAT Hyderabad
06 May 2025
AY 2012-13

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

For Appellant: Shri AV Raghuram, AdvocateFor Respondent: MS. M. Narmada, CIT-DR
Section 11Section 12Section 12ASection 13(1)(c)Section 13(3)

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

SAI TEJA CONSTRUCTIONS, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-8(1), HYDERABAD, HYDERABAD

In the result, all the three appeals filed by the assessee are dismissed

ITA 651/HYD/2017[2008-09]Status: DisposedITAT Hyderabad11 Oct 2023AY 2008-09

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

For Appellant: Shri S. Rama Rao, AdvocateFor Respondent: Shri KPRR Murthy, CIT(DR)
Section 147Section 148Section 151(2)Section 45(3)Section 48

156 ITR 509 (S.C), he submitted that when partner brings in his asset into partnership as capital contribution, neither any consideration is received by the partner within the meaning of section 48 nor does any profit or gain accrues to him in commercial sense and, Page 7 of 18 ITA Nos 651 877 and 652 of 2017 Sai Teja Constructions

SAI TEJA CONSTRUCTIONS, HYD,HYDERABAD vs. DCIT, CIRCLE 8(1), HYDERABAD, HYDERABAD

In the result, all the three appeals filed by the assessee are dismissed

ITA 877/HYD/2016[2010-11]Status: DisposedITAT Hyderabad11 Oct 2023AY 2010-11

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

For Appellant: Shri S. Rama Rao, AdvocateFor Respondent: Shri KPRR Murthy, CIT(DR)
Section 147Section 148Section 151(2)Section 45(3)Section 48

156 ITR 509 (S.C), he submitted that when partner brings in his asset into partnership as capital contribution, neither any consideration is received by the partner within the meaning of section 48 nor does any profit or gain accrues to him in commercial sense and, Page 7 of 18 ITA Nos 651 877 and 652 of 2017 Sai Teja Constructions

SAI TEJA CONSTRUCTIONS, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-8(1), HYDERABAD, HYDERABAD

In the result, all the three appeals filed by the assessee are dismissed

ITA 652/HYD/2017[2012-13]Status: DisposedITAT Hyderabad11 Oct 2023AY 2012-13

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

For Appellant: Shri S. Rama Rao, AdvocateFor Respondent: Shri KPRR Murthy, CIT(DR)
Section 147Section 148Section 151(2)Section 45(3)Section 48

156 ITR 509 (S.C), he submitted that when partner brings in his asset into partnership as capital contribution, neither any consideration is received by the partner within the meaning of section 48 nor does any profit or gain accrues to him in commercial sense and, Page 7 of 18 ITA Nos 651 877 and 652 of 2017 Sai Teja Constructions

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

ITA 33/HYD/2019[2014-15]Status: DisposedITAT Hyderabad25 Jan 2022AY 2014-15

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)

For Appellant: Sri S. Rama RaoFor Respondent: Sri Sunil Gowtham, Sr. AR
Section 143(3)Section 56

3. The brief facts of the case with respect to all the four assessees are that during the relevant assessment year all the four assessee’s companies had not commenced their business activities however, they earned interest income on the fixed deposit kept with banks. The claim of the assessee was that since the idle funds were meant for capital

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

ITA 34/HYD/2019[2014-15]Status: DisposedITAT Hyderabad25 Jan 2022AY 2014-15

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)

For Appellant: Sri S. Rama RaoFor Respondent: Sri Sunil Gowtham, Sr. AR
Section 143(3)Section 56

3. The brief facts of the case with respect to all the four assessees are that during the relevant assessment year all the four assessee’s companies had not commenced their business activities however, they earned interest income on the fixed deposit kept with banks. The claim of the assessee was that since the idle funds were meant for capital

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

ITA 1412/HYD/2019[2016-17]Status: DisposedITAT Hyderabad21 Jan 2022AY 2016-17

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.:

For Appellant: Shri Ashik ShahFor Respondent: Sri B. Sunil Kumar, DR
Section 143(3)Section 56

3,01,10,485/- clear off all adjustments.” 4. On appeal, the ld. CIT(A) held the issue in favour of the assessee by relying on the decision of the Hon’ble Rajasthan High Court in the case of PCIT vs. Road Infrastructure Development Company of Rajasthan Ltd (2018) 96 taxmann.com 155 (Rajasthan). 5. At the outset, we find that

THE SECUNDERBAD CLUB ,HYDERABAD vs. ITO WARD -10(2), HYDERABAD

Appeal is dismissed in above terms

ITA 166/HYD/2021[2016-17]Status: DisposedITAT Hyderabad27 Jan 2022AY 2016-17

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

For Appellant: Shri S.Rama Rao, ARFor Respondent: Shri L.Jeevanlal, DR
Section 143(3)

156 ITR 323 (SC), the apex court, after examining the scheme of the Act, including as to the carry forward of loss, held that in computing the assessee's income, the income of his wife or minor children which is liable to be added under section 16(3) (of the 1922 Act), would include profit or loss from the business

ASST. COMMISSIONER OF INCOME TAX, CIRCLE-10(1), HYDERABAD vs. VERTEX PROJECTS LLP (FORMERLY M/S VERTEX PROJECTS LTD) , HYDERABAD

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

ITA 1187/HYD/2018[2014-15]Status: DisposedITAT Hyderabad28 Apr 2023AY 2014-15

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarassessment Year: 2014-15 Acit,Circle-10(1) Vs. Vertex Projects Llp Room No.515, 5Th Floor, (Formerly M/S.Vertex A-Block, I.T.Towers, Projects Ltd.) A.C.Guards, #156-159, Paigah House Hyderabad. S.P.Road, Next To Pg College. Secunderabad-500 026. Pan : Aanfv0232C (Appellant) (Respondent) Assessee By: Shri Sriram Seshadri, Ca Revenue By: Shri Rajendra Kumar,Cit-Dr Date Of Hearing: 15.03.2023 Date Of Pronouncement: 28.04.2023 O R D E R Per Shri Laliet Kumar, J.M. This Is An Appeal Filed By The Revenue, Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-5, Dated 16.03.2018 For The Ay 2014-15, On The Following Grounds :

For Appellant: Shri Sriram Seshadri, CAFor Respondent: Shri Rajendra Kumar,CIT-DR
Section 115JSection 142(1)Section 143(2)Section 14ASection 14A(3)Section 47Section 56Section 56(2)(viia)Section 56(2)(viiia)

156-159, Paigah House Hyderabad. S.P.Road, Next to PG College. Secunderabad-500 026. PAN : AANFV0232C (Appellant) (Respondent) Assessee by: Shri Sriram Seshadri, CA Revenue by: Shri Rajendra Kumar,CIT-DR Date of hearing: 15.03.2023 Date of pronouncement: 28.04.2023 O R D E R Per Shri Laliet Kumar, J.M. This is an appeal filed by the Revenue, feeling aggrieved

DCIT, CIRCLE-1(1), HYDERABAD, HYDERABAD vs. PRAKASH NIMMAGADDA, HYDERABAD, SECUNDERABAD

In the result, appeal filed by the Revenue is dismissed

ITA 974/HYD/2017[2008-09]Status: DisposedITAT Hyderabad16 Dec 2024AY 2008-09

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha, G.आ.अपी.सं /Ita No.974/Hyd/2017 (िनधा"रण वष"/Assessment Year: 2008-09) Dy.Cit Vs. Shri Prakash Nimmagadda Circle 1(1) Hyderabad Hyderabad Pan:Acbpn4246R (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri K.C. Devdas, Ca राज" व "ारा/Revenue By:: Dr. Meghnath Chowhan, Cit(Dr) सुनवाई की तारीख/Date Of Hearing: 06/11/2024 घोषणा की तारीख/Pronouncement: 16/12/2024 आदेश/Order Per Vijay Pal Raothis Appeal Filed By The Revenue Is Directed Against The Order, Dated 20/03/2017 Of The Learned Cit (A)-9, Hyderabad, Relating To A.Y.2008-09. 2. The Revenue Has Raised The Following Grounds:

For Appellant: Shri K.C. Devdas, CAFor Respondent: : Dr. Meghnath Chowhan, CIT(DR)
Section 17(2)(c)Section 28

house rent, capital gain and other sources and there is no income under the head “business or profession”. The transactions of the acquisition of shares by the assessee of these 3 companies are in the nature of investments and therefore, there is no involvement in business activity on the part of the assessee while acquiring the shares of these 3

BRIJESH CHANDWANI,HYDERABAD vs. DCIT., CIRCLE -6(1), HYDERABAD

In the result, appeal of the assessee for the assessment year 2020-2021 is allowed for statistical purposes

ITA 1528/HYD/2025[2020-2021]Status: DisposedITAT Hyderabad28 Nov 2025AY 2020-2021

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita Nos.1527 & 1528/Hyd/2025 Assessment Years – 2016-2017 & 2020-2021 Brijesh Chandwani The Dcit, Circle-6(1), Vs. Hyderabad – 500 034 Hyderabad. Pan Adkpc1537H (Appellant) (Respondent) िनधा"रती "ारा /Assessee By: Ca Pawan Kumar Chakrapani राज" व "ारा /Revenue By: Sri Ranjan Agrawala, Sr. Ar

For Appellant: CA Pawan Kumar ChakrapaniFor Respondent: Sri Ranjan Agrawala, Sr. AR
Section 133ASection 143(1)(a)Section 143(3)Section 147Section 148Section 148ASection 234A

156 taxmann.com 478 (Gauhati), the Hon’ble High Court has held in para 13 to 19 as under: “13. Another aspect which needs to be considered is that in fact it should have been realized by the Income Tax Department itself and should have found out via media in ensuring that proceedings under Sections 148-A and 148 should

RAMA MOHAN SOMA,ANANTAPUR vs. INCOME TAX OFFICER, WARD -1, HINDUPUR

In the result, the appeal of the assessee is allowed

ITA 180/HYD/2024[2012-13]Status: DisposedITAT Hyderabad09 May 2024AY 2012-13

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdia, Accounant Member Assessment Year: 2012-13 Rama Mohan Soma, Vs. The Income Tax Officer, H.No.12-274-3, Bypass Ward – 1, Road, Kadiri, Anantapur, Hindupur. Andhra Pradesh – 515591. Pan : Aocps8172D (Appellant) (Respondent) Assessee By: Shri G. Srinivasa Rao, C.A. Revenue By: Shri Shakeer Ahamed, Sr.Ar. Date Of Hearing: 02.05.2024 Date Of Pronouncement: 09.05.2024 O R D E R Per Laliet Kumar, J.M. The Appeal Of The Assessee For A.Y. 2012-13 Arises From Order Of Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi Dt.27.12.2023 Invoking Proceedings Under Section 143(3) R.W.S. 147 Of The Income Tax Act, 1961 (In Short, “The Act”). 2. The Grounds Raised By The Assessee Read As Under :

For Appellant: Shri G. Srinivasa Rao, C.AFor Respondent: Shri Shakeer Ahamed, Sr.AR
Section 142(1)Section 143(2)Section 143(3)Section 147Section 148Section 156Section 254Section 69B

156 of the Act which is attached to impugned asst. order and hence the disputed demand is liable for deletion.” 3. The brief facts of the case are that assessee is an individual and deriving income from house property and interest income. For the AY 2012-13 the assessee had filed return of income declaring total income

KONDE ANJAIAH (HUF),HYDERABAD vs. THE ACIT, CIRCLE 8(1), HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 1539/HYD/2013[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land

DAPPU NARASIMHA (HUF), RR DIST,HYDERABAD vs. ACIT, CIRCLE-8(1), HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 915/HYD/2012[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land

KONDE MALLESH(HUF),HYDERABAD vs. THE ACIT, CIRCLE 8(1), HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 1541/HYD/2013[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land

MALI CHANDRASEKHAR (HUF), R.R. DISTRICT,HYDERABAD vs. ACIT, CIRCLE-8(1), HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 913/HYD/2012[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land

KONDE NARASIMHA (HUF),HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX , CIRCLE 8(1), HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 1590/HYD/2012[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land

SRI JILAKARA NARASIMHA, R.R. DIST,HYDERABAD vs. ACIT, CIRCLE -8(1),, HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 54/HYD/2012[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land

MALI NARASIMHA (HUF), R.R. DISTRICT,HYDERABAD vs. ACIT, CIRCLE-8(1), HYDERABAD

In the result, all the appeals of the assessees are partly allowed

ITA 914/HYD/2012[2007-08]Status: DisposedITAT Hyderabad23 Oct 2019AY 2007-08

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmans.No.

For Appellant: Shri Mohd. Afzal &
Section 133ASection 148Section 2(14)

house, the property is owned by Smt. K. Anitha and not the assessee. He, therefore, disallowed the claim of deduction u/s 54F. Similarly, he also disallowed assessee’s claim of deduction u/s 54B on the ground that assessee is an HUF, whereas section 54B is applicable only to individuals. He also disallowed the expenditure on sale of land