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

section 294 of the Act. 11. For these and other grounds that may be urged at the time of hearing, appellant prays that the Hon'ble Tribunal may be pleased to delete the arbitrary additions made and upheld by the lower authorities. 3. Succinctly stated, the assessee had e-filed his return of income for the A.Y.2017-18 on 24.07.2017, declaring

NARSI REDDY KOMATIREDDY,HYDERABAD vs. DCIT., CENTRAL CIRCLE-2(2), HYDERABAD

In the result, the appeal is allowed

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

83,964/-. Consequently, the Assessing Officer issued notice u/s. 153A on 30.01.2018, but the assessee did not file any Return of Income in response to the notice. The Assessing Officer framed the assessment u/143(3) r.w.s. 153A r.w.s. 153B of the Act thereby an addition of Long Term Capital Gain for transfer of land under the development agreement was made

NARSI REDDY KOMATIREDDY,HYDERABAD vs. SRIG. SANTOSH KUMAR, DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2(2), HYDERABAD

In the result, the appeal is allowed

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

83,964/-. Consequently, the Assessing Officer issued notice u/s. 153A on 30.01.2018, but the assessee did not file any Return of Income in response to the notice. The Assessing Officer framed the assessment u/143(3) r.w.s. 153A r.w.s. 153B of the Act thereby an addition of Long Term Capital Gain for transfer of land under the development agreement was made

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

83,669. 7. The said return of income was subject to scrutiny proceedings. Vide the assessment order passed u/s 143(3) of the Act dated 27.03.2014, the Ld AD. taxed the Income from leasing of space under the head 'Profits and gains of business or profession' as against 'Income from House Property' offered by the Appellant. :- 6 -: K. Raheja

NITIN BHATIA,HYDERABAD vs. ITO., WARD-12(1), HYDERABAD

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

Bench: Shri Ravish Sooda N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1472/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2018-19) Shri Nitin Bhatia Vs. Income Tax Officer Hyderabad Ward 12 (1) Pan:Akqpb1898R Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Ca Y.V Bhanu Narayan Rao राज" व "ारा/Revenue By:: Shri S. Arun Kumar, Sr. Dr सुनवाई की तारीख/Date Of Hearing: 16/12/2025 घोषणा की तारीख/Pronouncement: 24/12/2025 आदेश/Order Per Madhusudan Sawdia, A.M.:

property (“Original Residential House”) vide registered sale deed dated 14.12.2017 for a total consideration of Rs.3,70,00,000/-. The long-term capital gain on the said transfer was computed at Rs.1,33,83,234/-, out of which the assessee’s share at 50% worked out to Rs.66,91,617/-. The assessee claimed deduction of the entire long term capital

INCOME TAX OFFICER (INTERNATIONAL TAXATION)-1, HYDERABAD vs. ARUNA GULLAPALLI, HYDERABAD

Bench: Shri R.K. Panda & Shri Laliet Kumarassessment Year: 2017-18 Income Tax Officer, Vs. Aruna Gullapalli, (International Taxation) – 1, Hyderabad. Hyderabad. Pan No.Bfhpg9489L. (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao Revenue By: Shri Kumar Adithya Date Of Hearing: 23.01.2023 Date Of Pronouncement: 31.01.2023

house (Schedule B property) for total cost of Rs. 5,68,48,500/-. In lieu of the above, as per the agreement of sale, the purchaser has paid an amount of Rs3,05,00,000/- (Rupees Three crores and five lakhs only) towards earnest /advance sale consideration in favour of the vendor/developer of the second part as under

MOHMOODA BEGUM,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMMED ABBAS,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMED GHANI QURESHI,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMMED SAYEED QURESHI,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMED JAMAL QURESHI,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMMED SAYEED QURESHI,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMMED ABBAS,RANGA REDDY vs. INCOME TAX OFFICER, WARD-15(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMMED JAML QURESHI,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHAMMED GHANI QURESHI,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

MOHMOODA BEGUM,RANGA REDDY vs. INCOME TAX OFFICER, WARD-8(1), HYDERABAD

In the result, both the appeals of the assessee for AY

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahman

83,04,150 2.4 It was noted that subsequent to the entering agreement. for sale with Smt. Jayasree and Sri Vishnu Vardhan dated 29.10.2007, the assessee and the family members registered an Agreement of Sale-Cum-Irrecoverable Power of Attorney (ASClPOA) with M/s. Nell Project Developers Private Limited (NPDPL) on 20.05.2008 for a consideration of Rs.9.20 crores wherein, Smt. Jayasree

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

Appeal is dismissed in above terms

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

house property: 8.4 In this context, it is important to understand the principle of mutuality before adjudicating the issue on hand. It is well settled principle of law that, in order to fulfil the requirement of mutuality, a mutual association has to establish the crucial criteria that there is identity between contributors and participators / recipients to the fund i.e. there

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

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 :

section 147 / 148 of the Act, the coordinate Bench had held as under : “22. Coming back to our point we have to examine whether protective assessment/addition is possible under section 147 in respect of the same person and for the same period. When a regular assessment is made and later on it comes to the notice of the Assessing Officer