L.RAJALAKSHMI,HYDERABAD vs. ACIT, CHENNAI

In the result, the appeal in ITA No

Bench: Ms. Sushma Chowla, Vp & Mr. Anil Chaturvedi, Am [Through Video Conferencing] आयकर अपील सं. / Ita Nos. 1678, 1679 & 1680/Chny/2014 िनधा"रण वष" / Assessment Years: 2007-08, 2008-09 & 2009-10 Smt. L.Rajalakshmi, Hyderabad अपीलाथ"/Appellant Pan: Afgpr3011K …..

50C of the Act and consequent addition made in the hands of the assessee in assessment years 2008-09 and 2009-10. 13. Briefly in the facts of the case, the assessee for the year under consideration had filed the return of income declaring income of Rs. 41,85,43,859/-. The assessee had declared long term capital gain

DCIT, CHENNAI vs. L.RAJALAKSHMI, CHENNAI

In the result, the appeal in ITA No

Bench: Ms. Sushma Chowla, Vp & Mr. Anil Chaturvedi, Am [Through Video Conferencing] आयकर अपील सं. / Ita Nos. 1678, 1679 & 1680/Chny/2014 िनधा"रण वष" / Assessment Years: 2007-08, 2008-09 & 2009-10 Smt. L.Rajalakshmi, Hyderabad अपीलाथ"/Appellant Pan: Afgpr3011K …..

50C of the Act and consequent addition made in the hands of the assessee in assessment years 2008-09 and 2009-10. 13. Briefly in the facts of the case, the assessee for the year under consideration had filed the return of income declaring income of Rs. 41,85,43,859/-. The assessee had declared long term capital gain

SIVA SHANKER REDDY GANDLURU, HYDERABAD,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-2(2), HYDERABAD

Appeals are treated as allowed for statistical purposes in above terms

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

50C of the Act is applicable to the assessee's case. 5.3. Further the assessee has submitted that since the agricultural land that was sold by the assessee was not having a proper approach road and the land was surrounded by the lands of the neighbors from all the sides, the land was sold for a price less than

SIVAPOTHULURU VEERAREDDY GADLURU, HYDERABAD,HYDERABAD vs. ASST.COMMISSIONER OF INCOME TAX, CIRCLE-2(2), HYDERABAD

Appeals are treated as allowed for statistical purposes in above terms

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

50C of the Act is applicable to the assessee's case. 5.3. Further the assessee has submitted that since the agricultural land that was sold by the assessee was not having a proper approach road and the land was surrounded by the lands of the neighbors from all the sides, the land was sold for a price less than

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

50C of the Act. We, thus, in the backdrop of the aforesaid facts, are of a firm conviction that the nexus between the seized material and the assessee’s land transaction stands established on record. 13. Apart from that, we find that the satisfaction note prepared by the AO of the searched person clearly records that the seized material revealed

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

50C of the Act. We, thus, in the backdrop of the aforesaid facts, are of a firm conviction that the nexus between the seized material and the assessee’s land transaction stands established on record. 13. Apart from that, we find that the satisfaction note prepared by the AO of the searched person clearly records that the seized material revealed

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

50C of the Act. We, thus, in the backdrop of the aforesaid facts, are of a firm conviction that the nexus between the seized material and the assessee’s land transaction stands established on record. 13. Apart from that, we find that the satisfaction note prepared by the AO of the searched person clearly records that the seized material revealed

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

Bench: Shri Manjunatha G. & Shri Ravish Soodआ.अपी.सं /Ita No.1101, 1102, 1103, 1104 & 1105/Hyd/2025 (िनधा"रण वष"/Assessment Years: 2012-13 To 2016-17) Swastik Vegetable Oil Vs. Assistant Commissioner Products Private Limited, Of Income Tax, Hyderabad. Central Circle-2(1), Pan: Aadcs2224G Hyderabad. (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri Siddharth Toshnival, Advocate राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr. Ar सुनवाई की तारीख/Date Of Hearing: 13/11/2025 घोषणा की तारीख/Date Of 21/01/2026 Pronouncement: आदेश / Order Per. Ravish Sood, J.M: The Captioned Appeals Filed By The Assessee Company Are Directed Against The Respective Orders Passed By The Cit(Appeals), Dated 19.03.2025, Which In Turn Arises From The Orders Passed By The Ao Under Section 143(3) R.W. Section 153C Of The Income- Tax Act, 1961, Dated 31.05.2021, For The Assessment Years 2012-13 To 2016-17. As Certain Common Issues Are Involved In The Present Appeals, Therefore, The Same Are Being Taken Up & Disposed Of Vide A Private Limited Vs. Acit

50C of the Act. We, thus, in the backdrop of the aforesaid facts, are of a firm conviction that the nexus between the seized material and the assessee’s land transaction stands established on record. 13. Apart from that, we find that the satisfaction note prepared by the AO of the searched person clearly records that the seized material revealed

NAVEEN MITTAPALLI,KHAMMAM vs. ITO WARD-1 KHAMMAM, KHAMMAM

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

reassessments as erroneous ones causing prejudice to the interest of the Revenue read as under : ITA Nos.232 to 235/Hyd/2021 4. Learned authorized representative invited our attention to assessees’s detailed Paper Book running into 157 pages containing common sale agreement dt.01.04.2011, sale deed dt.14.11.2013, property valuation report, certificate of market value of the property(ies) on sale agreement as well

MURALI KRISHNA MITTAPALLI,KHAMMAM vs. ITO WARD-1 KHAMMAM, KHAMMAM

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

reassessments as erroneous ones causing prejudice to the interest of the Revenue read as under : ITA Nos.232 to 235/Hyd/2021 4. Learned authorized representative invited our attention to assessees’s detailed Paper Book running into 157 pages containing common sale agreement dt.01.04.2011, sale deed dt.14.11.2013, property valuation report, certificate of market value of the property(ies) on sale agreement as well

RAMESH MITTAPALLI,KHAMMAM vs. ITO WARD-1 KHAMMAM, KHAMMAM

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

reassessments as erroneous ones causing prejudice to the interest of the Revenue read as under : ITA Nos.232 to 235/Hyd/2021 4. Learned authorized representative invited our attention to assessees’s detailed Paper Book running into 157 pages containing common sale agreement dt.01.04.2011, sale deed dt.14.11.2013, property valuation report, certificate of market value of the property(ies) on sale agreement as well

VIJAYA LAKSHMI MITTAPALLI,KHAMMAM vs. ITO WARD-1 KHAMMAM, KHAMMAM

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

reassessments as erroneous ones causing prejudice to the interest of the Revenue read as under : ITA Nos.232 to 235/Hyd/2021 4. Learned authorized representative invited our attention to assessees’s detailed Paper Book running into 157 pages containing common sale agreement dt.01.04.2011, sale deed dt.14.11.2013, property valuation report, certificate of market value of the property(ies) on sale agreement as well

VENUGOPAL REDDY GELIVI,HYDERABAD vs. ITO (INT TAXN)-1, HYDERABAD

sections": [ "147", "144", "148", "50C", "251" ], "issues": "Whether the initiation of reassessment proceedings under Section 147 was based on valid

YADI REDDY SANA,HYDERABAD vs. ACIT., CIRCLE-13(1), HYDERABAD

In the result, the appeal of the assessee is allowed for statistical purposes

Bench: Shri Rama Kanta Panda & Shri Laliet Kumar

50C(2) of the Act, in view of the objects raised by the Appellant. 6. On the facts and in the circumstances of the case, the Commissioner (Appeals) erred in sustaining the action of the Assessing Officer in denying the deductions amounting to Rs.54,79,067 claimed by the Appellant in respect of commission paid while acquiring the property, cost

NAVA BHARAT VENTURES LIMITED,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-16(1), HYDERABAD

In the result, appeal of the assessee is allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri D.S.Sunder Singhassessment Year:2009-10

reassessment proceedings, the AO made the addition of Rs.2,71,89,574/- relating to long term capital gains invoking the provisions of section 50C

LATE S.SURESH LEGAL HEIR BY S.MAHESH ,SECUNDRABAD vs. INCOME TAX OFFICER, WARD-15(1), HYDERABAD

In the result appeal of the assessee is allowed”

Bench: Smt. P. Madhavi Deviassessment Year: 2009-10

50C and brought the assessee’s share of the sale consideration to tax. 3. Aggrieved, the legal heir of the assessee preferred an appeal before the CIT (A) stating that the assessee has passed away on 14.12.2015 and the notice u/s 148 dated 8.3.2016 issued on a dead person, was an invalid notice and therefore, the assessment order

SWASTIK VEGETABLE OIL PRODUCTS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE - 2(1), HYDERABAD

In the result, the appeals of the assessee company in ITA Nos

reassess the income of the other person in accordance\nwith the provisions of section 153A, if, that Assessing Officer is satisfied that the books\nof account or documents or assets seized or requisitioned have a bearing on the\ndetermination of the total income of such other person for six assessment years\nimmediately preceding the assessment year relevant to the previous

SANJAY KUMAR AGARWAL ,HYDERABAD vs. INCOME TAX OFFICER, WARD-4(4), HYDERABAD

In the result, appeal of the assessee is allowed for statistical purposes

reassessment U/s. 147 is bad in law. 3. The Ld. CIT(A) ought to have considered the fact that the notice issued by the Learned A.O. U/s. 148 of the Act is invalid and bad in law, since the approval is required to be obtained from one of them i.e, either from PCIT or from CIT but the same