ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(2), HYDERABAD vs. INDRANI PRASAD , NEW DELHI

In the result, the appeal is treated as allowed”

Bench: Shri A.M. Alankamony & Shri S.S. Godara

158-BC, notice under Section 143(2} should be issued within one year from the date of filing of block return. Omission on the part of the assessing authority to issue notice under Section 143(2) cannot be a procedural irregularity 'and the same is not curable and, therefore, the requirement of notice under Section 143(2) cannot be dispensed

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

section 149(1) (a) of the Act. Since the impugned notice issued u/s.148 of the LT Act, 1961 dated 30.03.2023, legal and unsustainable in law, accordingly, the impugned reassessment order u/s.147 r.w.s.144B of the Act dated 01.03.2024 and the notice of demand dated 01.03.2024 Issued u/s 158 of the Act are also bad in law and unsustainable and the same

LAXMI VENKATA KRISHNA RICE CORPORATION,NALGONDA vs. ITO, WARD-1, SURYAPET

In the result, the appeal filed by the assessee company is allowed in terms of our aforesaid observations

Bench: SHRI RAVISH SOOD, HON'BLE (Judicial Member), SHRI MADHUSUDAN SAWDIA HON'BLE (Accountant Member)

158 (SC) had dismissed the Special Leave Petition (SLP) filed by the revenue against the order of the High Court, that had quashed the order passed by the AO under section 148A(d) and also the impugned notice under section 148 of the Act for the reason that the approval for reassessment proceedings was granted by the Commissioner of Income

KILARU VENKATA SATISH,KRISHNA DIST vs. DCIT, CENTRAL CIRCLE-1(3), HYDERABAD

In the result, the appeal filed by the assessee is allowed in terms of our aforesaid observations

Bench: Us), Which Reads As Under:

158 (SC) had dismissed the Special Leave Petition (SLP) filed by the revenue against the order of the High Court, that had quashed the order passed by the AO under section 148A(d) and the impugned notice under section 148 of the Act 20 Kilaru Venkata Satish vs. DCIT for the reason that the approval for reassessment proceedings was granted

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

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

section 149(1) (a) of the Act. Since the impugned notice issued u/s.148 of the LT Act, 1961 dated 30.03.2023, legal and unsustainable in law, accordingly, the impugned reassessment order u/s.147 r.w.s.144B of the Act dated 01.03.2024 and the notice of demand dated 01.03.2024 Issued u/s 158 of the Act are also bad in law and unsustainable and the same

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. ACIT.,CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

147 of the Act in pursuant to the search & seizure action u/s 132 of the Act carried in case of the assessee and group concerns on 04/01/2023 as under:\n“The reasons recorded for reopening of the assessment recorded are as under:\n1. A search and seizure operation u/s 132 of the IT Act was carried out by the ADIT

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

147 of the Act in pursuant to the search &\nseizure action u/s 132 of the Act carried in case of the\nassessee and group concerns on 04/01/2023 as under:\n“The reasons recorded for reopening of the assessment\nrecorded are as under:\n1. A search and seizure operation u/s 132 of the IT Act was\ncarried out by the ADIT

EXEL RUBBER PRIVATE LIMITED,K.V.RANGAREDDY vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

147 of the Act in pursuant to the search &\nseizure action u/s 132 of the Act carried in case of the\nassessee and group concerns on 04/01/2023 as under:\n\n“The reasons recorded for reopening of the assessment\nrecorded are as under:\n\n1. A search and seizure operation u/s 132 of the IT Act was\ncarried

EXEL RUBBER PRIVATE LIMITED,HYDERABAD vs. DCIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, all the appeals of the assessee for the\nA

147 of the Act in pursuant to the search &\nseizure action u/s 132 of the Act carried in case of the\nassessee and group concerns on 04/01/2023 as under:\n\n“The reasons recorded for reopening of the assessment\nrecorded are as under:\n\n1. A search and seizure operation u/s 132 of the IT Act was\ncarried

VILAS POLYMER PRIVATE LIMITED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD., HYDERABAD

158\n125,50,48,707\n3. In view of the above, there is information which suggests that income chargeable to tax\nhas escaped assessment in the case of the assessee company and this office is in\npossession of books of accounts or other documents or evidence which reveal that the\nincome chargeable to tax represented in the form

BALGURI RAJESHWAR RAO,HYDERABAD vs. ITO, WARD- 11(1), HYDERABAD, HYDERABAD

reassess such income or recompute the loss or the\ndepreciation allowance or any other allowance or deduction for the Assessment Year 2016-17\nand I, hereby, require you to furnish, within 30 days from the service of this notice, a return in\nthe prescribed form for the Assessment Year 2016-17.\nENOLEIVONT DOOG8238LAXMI PAVANA GAYATHRI MUKKERA\nCIRCLE 1,KARIMNAGAR

VASUKI KATAKAM,KURNOOL vs. ITO., WARD-1, KURNOOL

In the result, appeal of the Assessee is\nallowed

reassess such income or recompute the loss or the\ndepreciation allowance or any other allowance or deduction for the Assessment Year 2016-17\nand I, hereby, require you to furnish, within 30 days from the service of this notice, a return in\nthe prescribed form for the Assessment Year 2016-17.\nLAXMI PAVANA GAYATHRI MUKKERA\nCIRCLE 1,KARIMNAGAR\n11.\nUndisputedly

ACE TYRES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, appeals of the assessee for the A

147 of the Act in\npursuant to the search & seizure action u/s 132 of the Act carried\nin case of the assessee and group concerns on 04/01/2023 as\nunder:\n\n“The reasons recorded for reopening of the assessment\nrecorded are as under:\n\n1. A search and seizure operation u/s 132 of the IT Act was\ncarried

TRICITIES SECURITY AND ALLIED SERVICES PRIVATE LIMITED,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

158 42,38,128 2017-18 2018-19 1,19,13,876 95,93,581 2018-19 2019-20 21,00,000 16,91,013 Total 1,93,73,003 1,56,00,000 3,49,73,003 4.5. The assessee made objections against issue of notice u/s. 153C which were disposed off. The sum and substance of the objections

KANIPAKAM HARI PRASAD REDDY,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

158 42,38,128 2017-18 2018-19 1,19,13,876 95,93,581 2018-19 2019-20 21,00,000 16,91,013 Total 1,93,73,003 1,56,00,000 3,49,73,003 4.5. The assessee made objections against issue of notice u/s. 153C which were disposed off. The sum and substance of the objections

GARUDAPALLY SHRUTHI GUPTA,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

158 42,38,128 2017-18 2018-19 1,19,13,876 95,93,581 2018-19 2019-20 21,00,000 16,91,013 Total 1,93,73,003 1,56,00,000 3,49,73,003 4.5. The assessee made objections against issue of notice u/s. 153C which were disposed off. The sum and substance of the objections

SANJAY GARUDAPALLY,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

158 42,38,128 2017-18 2018-19 1,19,13,876 95,93,581 2018-19 2019-20 21,00,000 16,91,013 Total 1,93,73,003 1,56,00,000 3,49,73,003 4.5. The assessee made objections against issue of notice u/s. 153C which were disposed off. The sum and substance of the objections

KAUSHIK REDDY PADI ,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

158 42,38,128 2017-18 2018-19 1,19,13,876 95,93,581 2018-19 2019-20 21,00,000 16,91,013 Total 1,93,73,003 1,56,00,000 3,49,73,003 4.5. The assessee made objections against issue of notice u/s. 153C which were disposed off. The sum and substance of the objections

PARIGE VENKAT RAM REDDY,HYDERABAD vs. ACIT, CENTRAL CIRCLE-2(3), HYDERABAD

In the result, the appeal of assessee in ITA

Bench: Shri R.K. Panda & Shri Laliet Kumarsl.No.

158 42,38,128 2017-18 2018-19 1,19,13,876 95,93,581 2018-19 2019-20 21,00,000 16,91,013 Total 1,93,73,003 1,56,00,000 3,49,73,003 4.5. The assessee made objections against issue of notice u/s. 153C which were disposed off. The sum and substance of the objections