ANKITJAIN,HYDERABAD vs. ACIT., CENTRAL CIRCLE-1(2), HYDERABAD.

In the result, the appeal of the assessee is allowed in\nterms of our above observation

142 or sub-section (2) of Section\n143 or Section 148 or sub-section (1) of Section 153A or sub-section (2)\nof Section 153C. To sum up, the obligation cast upon an assessee to\ncall in question the jurisdiction of the A.O as per the mandate of sub-\nsection (3) of Section

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

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdia

68,190/- in its return, which was processed under section 143(1) of the Act by the CPC, resulting in a disallowance of ₹5,13,01,761/- towards gratuity expenses under section 43B of the Act. This adjustment increased the assessee’s income to ₹ 63,40,69,950/-. Subsequently, the case of the assessee was selected for scrutiny

NAVAYUGA ENGINEERING COMPANY LIMITED,HYDERABAD vs. ACIT CIRCLE-1(1), HYDERABAD

In the result, all the three appeals filed by the assessee are dismissed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

68,02,280/-. The assessment was completed u/s 143(3) on 29.01.2015 and the income was assessed at Rs.29,59,62,962/-. 4. A search & seizure operation was conducted in the case of the assessee u/s 132 of the Act on 25.10.2018. Subsequently, the case was centralized to the Central Circle 1(1) vide order dated 30.11.2018. Notice u/s 153A

NAVAYUGA ENGINEERING COMPANY LIMITED,HYDERABAD vs. ACIT CIRCLE-1(1), HYDERABAD

In the result, all the three appeals filed by the assessee are dismissed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

68,02,280/-. The assessment was completed u/s 143(3) on 29.01.2015 and the income was assessed at Rs.29,59,62,962/-. 4. A search & seizure operation was conducted in the case of the assessee u/s 132 of the Act on 25.10.2018. Subsequently, the case was centralized to the Central Circle 1(1) vide order dated 30.11.2018. Notice u/s 153A

NAVAYUGA ENGINEERING COMPANY LIMITED,HYDERABAD vs. ACIT CIRCLE-1(1), HYDERABAD

In the result, all the three appeals filed by the assessee are dismissed

Bench: Shri R.K. Panda, Vice- & Shri Laliet Kumar

68,02,280/-. The assessment was completed u/s 143(3) on 29.01.2015 and the income was assessed at Rs.29,59,62,962/-. 4. A search & seizure operation was conducted in the case of the assessee u/s 132 of the Act on 25.10.2018. Subsequently, the case was centralized to the Central Circle 1(1) vide order dated 30.11.2018. Notice u/s 153A

SUDHA DOSHI,HYDERABAD vs. ITO - WARD 5(1), HYDERABAD

142(1) of the Act which\nwas partially complied by the assessee.\n7.\nThereafter, the AO observed that though the assessee had failed\nto file a valid return of income in response to the notice under section\n148 of the Act, but in the interest of justice, issued notice under section\n143(2) of the act, dated 16/05/2023

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

In the result, appeal filed by the assessee is allowed

Bench: Shri Vijay Pal Rao, Vice-A N D Shri Manjunatha G.आ.अपी.सं /Ita No.1894/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2014-15) M/S. Exel Rubber (P) Ltd Vs. Dy.Cit Hyderabad Central Circle 1(2) Pan:Aaace4495J Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri M.V. Prasad, Ca राज" व "ारा/Revenue By: Dr. Narendra Kumar Naik, Cit (Dr) सुनवाई की तारीख/Date Of Hearing: 20/01/2026 घोषणा की तारीख/Pronouncement: 18/02/2026 आदेश/Order Per Manjunatha, G. A.M. This Appeal Is Filed By The Assessee Is Directed Against The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-11 Hyderabad, Dated 11/10/2025 For The A.Y 2014-15. 2. The Assessee Has Raised The Following Grounds Of Appeal:

142(1) of the I.T. Act, dated 16.04.2024 & 10.05.2024, respectively, were issued calling for certain information. In response to the notices issued, the assessee furnished the information called for. The assessment has been completed u/s 143(3) r.w.s. 147 of the I. T. Act, 1961 on 13/03/2025 and determined total income at Rs.40,96,24,358/-, by inter alia making

SUPREME AGRO,HYDERABAD vs. ACIT CENTRAL CIRCLE-3 (1), HYDERABAD

In the result, all the appeals of assessees are dismissed

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

68, thus the same has to be removed from the computation of business income and the resultant business loss will increase accordingly. The Assessing Officer is directed to recompute the same. In view of the above directions, the ground no.5 is partly allowed. The ground no.7 pertains to levy of interest u/s 234A and 2348. The appellants stated that

RONAK GUPTA,HYDERABAD vs. ACIT CENTRAL CIRCLE-3(1), HYDERABAD

In the result, all the appeals of assessees are dismissed

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

68, thus the same has to be removed from the computation of business income and the resultant business loss will increase accordingly. The Assessing Officer is directed to recompute the same. In view of the above directions, the ground no.5 is partly allowed. The ground no.7 pertains to levy of interest u/s 234A and 2348. The appellants stated that

KANISHKA GUPTA,,HYDERABAD vs. ACIT CENTRAL CIRCLE-3(1), HYDERABAD

In the result, all the appeals of assessees are dismissed

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

68, thus the same has to be removed from the computation of business income and the resultant business loss will increase accordingly. The Assessing Officer is directed to recompute the same. In view of the above directions, the ground no.5 is partly allowed. The ground no.7 pertains to levy of interest u/s 234A and 2348. The appellants stated that

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

In the result, the appeals filed by the assessee for A

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Ble

142(1) was issued on 26.08.2022 calling for certain information. After considering the information submitted by the assessee, the assessment was completed under Section u/s 143(3) r.w.s. 153A of the Act, making addition of Rs.15,89,486/- towards unaccounted receipts from sale of spent solvent / scrap. 3.1. The assessee has filed an appeal against the assessment order passed

MSN PHARMACHEM PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Appeal are dismissed

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Ble

142(1) of the Act was issued the assessee calling for information. After considering the information submitted by the assessee, assessment was completed under Section u/s 153A of the Act interalia making addition of Rs.1,10,89,415/- towards unaccounted sale of spent solvents and scrap for the year under consideration. 3.1. The assessee has filed an appeal against

MSN PHARMACHEM PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

Appeal are dismissed

Bench: Shri Laliet Kumar, Hon’Ble & Shri G. Manjunatha, Hon’Ble

142(1) of the Act was issued the assessee calling for information. After considering the information submitted by the assessee, assessment was completed under Section u/s 153A of the Act interalia making addition of Rs.1,10,89,415/- towards unaccounted sale of spent solvents and scrap for the year under consideration. 3.1. The assessee has filed an appeal against

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

142(1) was\nissued on 26.08.2022 calling for certain information. After\nconsidering the information submitted by the assessee, the\nassessment was completed under Section u/s 143(3) r.w.s.153A of\nthe Act, making addition of Rs.15,89,486/- towards unaccounted\nreceipts from sale of spent solvent / scrap.\n3. 1. The assessee has filed an appeal against the assessment\norder passed

SREE NAGENDRA CONSTRUCTIONS,,KHAMMAM vs. DCIT, CIRCLE -2(1), HYDERABAD

In the result, appeal filed by the assessee is allowed

68 cannot\nbe applied. It was also held that the balances were brought\nforward balances and if the same were added on account of\ntheir non- genuineness, then also these amounts could not be\nadded to the income of the assessee for the year under\nconsideration as the question of genuineness thereof can be\nexamined only in the year

MSN ORGANICS PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

142(1) was\nissued on 26.08.2022 calling for certain information. After\nconsidering the information submitted by the assessee, the\nassessment was completed under Section u/s 143(3) r.w.s.153A of\nthe Act, making addition of Rs.15,89,486/- towards unaccounted\nreceipts from sale of spent solvent / scrap.\n3. 1. The assessee has filed an appeal against the assessment\norder passed

MSN LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

142(1) of the Act was issued to\nthe assessee on 05.08.2022 calling for certain information. After\nconsidering the information submitted by the assessee, Assessing\nOfficer made an addition of Rs.1,77,82,220/- towards\nunaccounted cash receipts from sale of spent solvents and scrap.\nAccordingly, completed the assessment u/s 153A of the Act and\npassed assessment order

MSN LABORATORIES PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-2(4), HYDERABAD

68,95,756\n| 14,09,92,643\n| 2020-21\n| 5,12,22,731\n| 3,27,38,075\n| 1,02,22,479\n| 48,55,404\n| 2,67,81,999\n| 12,58,20,688\n| 2021-22\n| 5,57,69,012\n| 1

MAHESWARI MINING & ENERGY PRIVATE LIMITED ,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-16(2), HYDERABAD

In the result, appeal of the assessee is allowed

Bench: Shri Laxmi Prasad Sahu & Shri K. Narasimha Charyassessment Years: 2016-17 Maheswari Mining & Vs. Asst. Commissioner Of Energy Pvt. Ltd., Income-Tax, Hyderabad. Circle – 16(2), Hyderabad. Pan – Aagcm0805N (Appellant) (Respondent) Assessee By: S/Shri Y. Ratnamkar& B. Satyanarayana Murthy Revenue By: Shri Y.V.S.T. Sai Date Of Hearing: 21/04/2022 Date Of Pronouncement: /04/2022

142(1) of the Act were issued and served on the assessee in response to which the assessee company furnished the requisite information/details. 3. During the course of assessement proceedings, the Assessing Officer noted that the assessee company claimed investment allowance u/s 32AD of Rs.13,02,71,498/-. The Assessing Officer asked the assessee to explain the allowability