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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

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

method for determining the distance. On the other hand, the Dy. Collector and Tahsildar stated that the distance between the said land and GHMC Rajendra Nagar Circle is approximately 7 kms. It has been held by me in Para No. 7.3 above that the said lands under transfer are not agricultural lands and therefore the issue of measuring 15 I.T.A

KONY IT SERVICES PRIVATE LIMITED ,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(1), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamonyassessment Year: 2014-15 M/S. Kony It Services Vs. Deputy Commissioner Of Private Limited, Income Tax, 9Th Floor, B-6, South Tower, Circle-2(1), Divyasree Orion, Sy. Room No.514, 5Th Floor, No.66/1, Raidurgam, Rr Signature Towers, Opp. Dist., Hyderbad – 500 032. Botanical Garden, Pan: Aaeck 9066 D Kondapur, Hyderabad-84. (Appellant) (Respondent) Assessee By: Sri H. Srinivasulu & Sri Kranthi Palivela Ca, Ars Revenue By: Sri Y.V.S.T. Sai, Cit-Dr Date Of Hearing: 26/08/2019 Date Of Pronouncement: 20/11/2019

method referred to in Accounting Standard 14. Accounting for Amalgamation (AS-14). All the assets and liabilities of ICIL on an after the appointed date and prior to the effective date have been transferred to Infosys Limited on a going concern basis. As ICIL was a wholly-owned subsidiary of Infosys Limited, no shares have been allotted to the shareholders

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

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

Bench: Smt. P. Madhavi Devi & Shri A. Mohan Alankamonyassessment Year: 2014-15 M/S. Kony India Private Vs. Deputy Commissioner Of Limited, Income Tax, Sez Unit Ii, Office Level-7, Circle-2(1), Building No. Ho6, Phoenix Room No.514, 5Th Floor, Info City Private Limited, Signature Towers, Opp. Serilingampally, Hyderabad Botanical Garden, – 500 081. Kondapur, Hyderabad-84. Pan: Aadck 2294 C (Appellant) (Respondent) Assessee By: Sri H. Srinivasulu & Sri Kranthi Palivela Ca, Ars Revenue By: Sri Y.V.S.T. Sai, Cit-Dr Date Of Hearing: 26/08/2019 Date Of Pronouncement: 20/11/2019

method referred to in Accounting Standard 14. Accounting for Amalgamation (AS-14). All the assets and liabilities of ICIL on an after the appointed date and prior to the effective date have been transferred to Infosys Limited on a going concern basis. As ICIL was a wholly-owned subsidiary of Infosys Limited, no shares have been allotted to the shareholders

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

IVY SOFTWARE DEVELOPMENT SERVICES PRIVATE LIMITED,HYDERABAD vs. DCIT, CIRCLE -2(1), HYDERABAD

In the result, the ground no

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

house R and D project which is supported by technology partnerships, subscriptions and active participation in the standard and technology forums, trade shows and even go by the amount of expenditure incurred for R and D which is almost 2.75% of the total revenues of the company, whereas the assessee-company is a simple service provider

HETERO LABS LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of Revenue in ITA No

Bench: Shri R.K. Panda & Shri Laliet Kumarआ.अपी.सं / Ita Nos.312 & 313/Hyd/2023 (िनधा"रण वष" / Assessment Year: 2017-18 & 2018-19) Hetero Labs Limited, Vs. The Assistant Commissioner Of Hyderabad. Income Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent आ.अपी.सं / Ita Nos.348 & 349/Hyd/2023 (िनधा"रण वष" / Assessment Years: 2017-18 & 2-18-19) The Assistant Vs. Hetero Labs Limited, Commissioner Of Income Hyderabad. Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent

methods are not applicable for this transaction. The following facts were considered to determine the ALP of transaction. i) When the assessee issues corporate guarantee' on behalf of its AE, the assessee incurs the following non-monetary costs viz. opportunity cost, cost of credit rating, cost of blocked finance to meet the contingencies. Further, the provision of provision of corporate

ACIT., CENTRAL CIRCLE 3(4), HYDERABAD vs. HETERO LABS LIMITED, HYDERABAD

In the result, the appeal of Revenue in ITA No

Bench: Shri R.K. Panda & Shri Laliet Kumarआ.अपी.सं / Ita Nos.312 & 313/Hyd/2023 (िनधा"रण वष" / Assessment Year: 2017-18 & 2018-19) Hetero Labs Limited, Vs. The Assistant Commissioner Of Hyderabad. Income Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent आ.अपी.सं / Ita Nos.348 & 349/Hyd/2023 (िनधा"रण वष" / Assessment Years: 2017-18 & 2-18-19) The Assistant Vs. Hetero Labs Limited, Commissioner Of Income Hyderabad. Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent

methods are not applicable for this transaction. The following facts were considered to determine the ALP of transaction. i) When the assessee issues corporate guarantee' on behalf of its AE, the assessee incurs the following non-monetary costs viz. opportunity cost, cost of credit rating, cost of blocked finance to meet the contingencies. Further, the provision of provision of corporate

ACIT., CENTRAL CIRCLE 3(4), HYDERABAD, HYDERABAD vs. HETERO LABS LIMITED, HYDERABAD

In the result, the appeal of Revenue in ITA No

Bench: Shri R.K. Panda & Shri Laliet Kumarआ.अपी.सं / Ita Nos.312 & 313/Hyd/2023 (िनधा"रण वष" / Assessment Year: 2017-18 & 2018-19) Hetero Labs Limited, Vs. The Assistant Commissioner Of Hyderabad. Income Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent आ.अपी.सं / Ita Nos.348 & 349/Hyd/2023 (िनधा"रण वष" / Assessment Years: 2017-18 & 2-18-19) The Assistant Vs. Hetero Labs Limited, Commissioner Of Income Hyderabad. Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent

methods are not applicable for this transaction. The following facts were considered to determine the ALP of transaction. i) When the assessee issues corporate guarantee' on behalf of its AE, the assessee incurs the following non-monetary costs viz. opportunity cost, cost of credit rating, cost of blocked finance to meet the contingencies. Further, the provision of provision of corporate

HETERO LABS LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of Revenue in ITA No

Bench: Shri R.K. Panda & Shri Laliet Kumarआ.अपी.सं / Ita Nos.312 & 313/Hyd/2023 (िनधा"रण वष" / Assessment Year: 2017-18 & 2018-19) Hetero Labs Limited, Vs. The Assistant Commissioner Of Hyderabad. Income Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent आ.अपी.सं / Ita Nos.348 & 349/Hyd/2023 (िनधा"रण वष" / Assessment Years: 2017-18 & 2-18-19) The Assistant Vs. Hetero Labs Limited, Commissioner Of Income Hyderabad. Tax, Central Circle – 3(4), Pan : Aaach5506R Hyderabad. अपीलाथ" / Appellant "" यथ" / Respondent

methods are not applicable for this transaction. The following facts were considered to determine the ALP of transaction. i) When the assessee issues corporate guarantee' on behalf of its AE, the assessee incurs the following non-monetary costs viz. opportunity cost, cost of credit rating, cost of blocked finance to meet the contingencies. Further, the provision of provision of corporate