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3 results for “penalty u/s 271”+ Section 43Bclear

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Delhi66Mumbai59Raipur40Visakhapatnam13Indore11Bangalore11Jaipur10Ahmedabad8Nagpur7Lucknow4Pune4Hyderabad3Panaji3Chennai2Dehradun1Chandigarh1

Key Topics

Section 1477Section 143(3)6Section 143(1)6Addition to Income3Section 143(2)2Section 1482Section 43B2Section 92C2Disallowance2

F5 NETWORKS INNOVATION PRIVATE LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD-17(1), HYDERABAD

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

ITA 912/HYD/2024[2020-21]Status: DisposedITAT Hyderabad30 Jun 2025AY 2020-21

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

For Appellant: Shri Sharath Rao & ShriFor Respondent: Shri Narender Kumar Naik
Section 143(1)Section 143(3)Section 92C

43B of the Act towards gratuity expenses, as the payment was made within the statutory time and is otherwise allowable. Hence the ground of appeal of the assessee is hereby allowed.” ITA No.912/Hyd/2024 22 9.2 We have also gone through the para nos.6 to 8 of the order of this Tribunal in the case of Mantri Cosmos II Owners Welfare

AP RAJIV SWAGRUHA CORPORATION LIMITED,VIJAYAWADA vs. DCIT., CIRCLE-1(1), HYDERABAD

ITA 756/HYD/2025[2017-18]Status: DisposedITAT Hyderabad30 Jul 2025AY 2017-18

Bench: Us:

Section 143(2)Section 143(3)Section 250Section 40Section 43B

u/s. 43B for service tax is unwarranted in the facts of this case.” 2. Succinctly stated, the assessee company had e-filed its return of income for A.Y. 2017-18 on 31.10.2017, admitting a loss of (-) Rs. 21,81,73,812/-. Thereafter, the assessee company filed a revised return on 31.03.2019, disclosing a loss of (-) Rs.3,67,16,356/-. Subsequently

DY. COMMISSIONER OF INCOME TAX , CIRCLE-17(1), HYDERABAD vs. DRS LOGISTICS PRIVATE LIMITED , SECUNDERABAD

In the result, the appeal of the Revenue is dismissed

ITA 1718/HYD/2018[2008-09]Status: DisposedITAT Hyderabad17 Oct 2023AY 2008-09

Bench: Shri R.K. Panda & Shri Laliet Kumar

For Appellant: Shri KC DevdasFor Respondent: Shri K. Madhusudan. Sr. AR
Section 133ASection 143(2)Section 143(3)Section 147Section 148

43B). C) Observations : v) It is observed that from the tax audit report, the assessee has granted loan to 21 parties and the max. amount involved during the year and the balance such loans aggregates to Rs.73,75,67,314/- and Rs.51,10,10,735/-. However on verification of financial statements, it is noticed from the balance sheet that