ACHYUTHA ELECTRICALS AND INDUSTRIES PRIVATE LIMITED,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)., HYDERABAD

In the result, the appeal is DISMISSED

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

u/s. 143(3) after considering the credit balances in the accounts. There are no new facts before the A.O in the reassessment proceedings to change his opinion. 16. For these and any other grounds that may be raised at/before the date of hearing of appeal, it is prayed that the reassessment be held as invalid in law or alternatively delete

ACHYUTHA ELECTRICALS AND INDUSTRIES PRIVATE LIMITED.,HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-1(1)., HYDERABAD

In the result, the appeal is DISMISSED

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

u/s. 143(3) after considering the credit balances in the accounts. There are no new facts before the A.O in the reassessment proceedings to change his opinion. 16. For these and any other grounds that may be raised at/before the date of hearing of appeal, it is prayed that the reassessment be held as invalid in law or alternatively delete

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 :

245/- which is equivalent to Rs.28,48,173/-. In this regard, the contention of both the parties were examined by us and we are of the opinion that the disallowance made by the revenue authority cannot be more than the expenditure incurred by the assessee for earning the exempt income. For the above said purposes, we may fruitfully rely upon

SYED WARISUDDIN NAVEED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts

RAGHUNATH REDDY GANGARAM,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2),, HYDERABAD

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts

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

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts

SYED WARISUDDIN NAVEED,HYDERABAD vs. DCIT, CENTRAL CIRCLE-1(2), HYDERABAD

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts

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

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts

MADHAVA REDDY BADDEVOLU,HYDERABAD vs. DCIT., CENTRAL CIRCLE-1(2), HYDERABAD

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts

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

In the result, the remaining appeals filed by the assessees (at Sl

u/s 143(3) of the Act, dated 14.03.2025 in light of approval under Section 148B accorded by Addl.CIT/JCIT, and argued that, the approval granted by the Range Head is mechanical and without any application of mind and thus, the consequent assessment order passed by the A.O. in light of improper approval becomes invalid. We further noted that, the facts