SPECTRA EQUIPMENT PRIVATE LIMITED,HYDERABAD vs. INCOME TAX OFFICER, WARD 3(1),, HYDERABAD

In the result, the appeal of the assessee is dismissed

Bench: Shri Laliet Kumar & Shri Madhusudan Sawdiaassessment Year: 2017-18 Spectra Equipment Private Vs. The Income Tax Officer, Ward 3(1), Limited, Hyderabad. Hyderabad. Pan No.Aaccs8677C. (Appellant) (Respondent) Assessee By: Ms. Akanksha, C.A. For Shri Sunil Kumar Jain, C.A. Revenue By: Ms. Narmada, Cit-Dr For Shri Madan Mohan Meena, Sr.D.R. Date Of Hearing: 11.12.2024 Date Of Pronouncement: 18.12.2024

68 of the Act and taxed them the rate as mentioned in Section 115BBE of the Act. Aggrieved by the addition, appellant is in appeal before this forum. 5.3 The appellant, in its various submissions again reiterated that it t the cash deposits were made from realisation of Sundry Debtors of previous 4 Spectra Equipments Pvt. Ltd. years

PRYSMIAN CAVI E SISTEMI S.R.L,HYDERABAD vs. DCIT (INT,TAXN)-2, HYDERABAD

In the result, the appeal of the assessee is allowed

68,78,721/-\nresulting in an addition of Rs.48,43,936/-.\n4. Aggrieved, the assessee also filed an appeal before the Ld. CIT(A)\nchallenging the consequential assessment order passed by the Ld. AO under\nsection 143(3) r.w.s. 263 dated 29.03.2006.\n5. While both the above-mentioned appeals were pending before the Ld.\nCIT(A), the Ld. AO reopened

M/S COUNTRY CLUB (INDIA) LTD,HYDERABAD vs. ADDL. CIT, RANGE-1, HYDERABAD

In the result, assessee’s appeal is treated as partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahmancountry Club Hospitality & Vs Addl. Cit, Range-1 Holidays Ltd Hyderabad Hyderabad Pan: Aaacc 9376 B (Appellant) (Respondent) Asstt. Commissioner Of Country Club Hospitality & Income Tax, Circle 1(2) Vs Holidays Ltd Hyderabad Hyderabad Pan: Aaacc 9376 B (Appellant) (Respondent)

section 40A(3) of the Act. He arrived at the total sum of Page 5 of 12 ITA Nos 1504 and 1654 of 2012. Rs.1,33,68

ACIT, CIRCLE-1(2), HYDERABAD vs. M/S. COUNTRY CLUB (I) LTD,, HYDERABAD

In the result, assessee’s appeal is treated as partly allowed for statistical purposes

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahmancountry Club Hospitality & Vs Addl. Cit, Range-1 Holidays Ltd Hyderabad Hyderabad Pan: Aaacc 9376 B (Appellant) (Respondent) Asstt. Commissioner Of Country Club Hospitality & Income Tax, Circle 1(2) Vs Holidays Ltd Hyderabad Hyderabad Pan: Aaacc 9376 B (Appellant) (Respondent)

section 40A(3) of the Act. He arrived at the total sum of Page 5 of 12 ITA Nos 1504 and 1654 of 2012. Rs.1,33,68

SURYANARAYANA GANDLA,ANANTAPUR vs. ACIT., CIRCLE - 1, ANANTAPUR.

In the result, the appeal filed by the assessee is allowed

Bench: Shri Vijay Pal Rao & Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1122/Hyd/2025 (िनधा"रण वष"/Assessment Year:2017-18) Shri Suryanarayana Gandla, Asst. Commissioner Of Income Vs. Tax, Circle-1, Anantapur. Anantapur. Pan: Abipg4005A (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Shri K.A. Sai Prasaad, C.A. राज" व "ारा/Revenue By: Dr. Sachin Kumar, Sr-Dr सुनवाई की तारीख/Date Of Hearing: 15/10/2025 घोषणा की तारीख/Pronouncement: 31/10/2025 आदेश/Order Per Madhusudan Sawdia, A.M. :

68 of the Act and added the same to the income of the assessee. The Ld. AO further made a disallowance of Rs.3,35,000/- under section 40A

INCOME TAX OFFICER, WARD-2, KURNOOL vs. B.NAGA MAHESH , KURNOOL

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2009-10 Income-Tax Officer, Vs. B. Naga Mahesh, Kurnool. Ward – 2, Kurnool. Pan – Aaopb 7734L

section 40A(3) read with Rule 6DD but the AO had not examined. 2. The assessee had claimed interest of Rs.2,34,367/- on creditors for finance which the assessing office allowed without making any enquiry into the genuineness of the credits. 3. As per the AIR information, in the assessee's SB A/c with ING Vysya Bank, there

DY.CIT, CIR-1(2), HYDERABAD vs. M/S CUNTRY CLUB (I) LIMITED,, HYDERABAD

In the result, the grounds of the appeal of the assessee on this issue are allowed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2009-10 M/S Country Club Vs. Asst. Cit, Circle-1(2), Hospitality & Holidays Ltd., Hyderabad. (Formerly Known As Country Club India Ltd.,) Hyderabad.

section 40A(3) of the Act. He arrived at the total sum of Rs.1,33,68,613 as paid

M/S. COUNTRY CLUB INDIA LTD.,,HYDERABAD vs. ACIT, CIRCLE-1(2), HYDERABAD

In the result, the grounds of the appeal of the assessee on this issue are allowed

Bench: Smt. P. Madhavi Devi & Shri S. Rifaur Rahmanassessment Year: 2009-10 M/S Country Club Vs. Asst. Cit, Circle-1(2), Hospitality & Holidays Ltd., Hyderabad. (Formerly Known As Country Club India Ltd.,) Hyderabad.

section 40A(3) of the Act. He arrived at the total sum of Rs.1,33,68,613 as paid

ACIT., CENTRAL CIRCLE-2(2), HYDERABAD vs. SRI ADITYA HOMES PRIVATE LIMITED, HYDERABAD

In the result the appeal I

Bench: Shri Vijay Pal Rao & Shri Manjunatha G

40A(3) of the Act cannot be sustained. Therefore, we direct the Assessing Officer to delete the addition sustained by the learned CIT(A) to the tune of Rs.14,24,997/-. 23. Coming back to the balance amount of Rs.98,62,500/-. Although, the assessee claims that the said transaction has not materialized due to project being held

K.B.ROLLING MILLS PRIVATE LIMITED ,RANGA REDDY vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

K.B.ROLLING MILLS PRIVATE LIMITED,RANGA REDDY vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

K.B.ROLLING MILLS PRIVATE LIMITED ,RANGA REDDY vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

K.B.ROLLING MILLS PRIVATE LIMITED ,RANGA REDDY vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

K.B.ROLLING MILLS PRIVATE LIMITED,HYDERABAD vs. ASST. COMMISSIONER OF INCOME TAX , CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

K.B.ROLLING MILLS PRIVATE LIMITED,RANGA REDDY vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

K.B.ROLLING MILLS PRIVATE LIMITED,RANGA REDDY vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3(1), HYDERABAD

Appeals are allowed in above terms

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

40A(3) disallowance of Rs.8,32,282/- and Section 68 un-explained cash credits addition of Rs.3,75,75,971/- thereby

DEMI REALTORS,HYDERABAD vs. DCIT, CIRCLE-6(1), HYDERABAD

In the result, the appeal of the assessee is partly allowed for statistical purposes on the above terms

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

section is very clear and the appellant has incurred the expenditure and the appellant has made the payment to the various parties and persons. The appellant has, to circumvent, not accounted for the same and has also not brought out any evidence from M/s.DLF that they have accounted for such transactions in their books as cash payments

DCIT, CIRCLE-17(1),HYDERABAD, HYDERABAD vs. FARMAX INDIA LTD., HYD, R.R.DIST

In the result, the appeal filed by the assessee is dismissed and the appeal filed by the revenue is allowed

Bench: Shri Rama Kanta Panda & Shri K.Narasimha Charyassessment Year: 2009-10 Farmax India Limited Vs. Dcit,Circle-1(3) 4Th Floor, Alluri Trade Centre I.T.Towers, A.C.Guards Bhagayanagar Colony Masab Tank Opp.Kphb Colony Hyderabad Kukatpally Hyderabad-500 072

40A(3). Similarly, the AO noted that assessee has claimed an expenditure of Rs.2,76,270/- which included Rs.2,75,000/- being subscription towards increase in share capital. This being a capital expenditure, the AO disallowed the amount of Rs. 2,75,000/-. 5. The AO further noted that the assessee company during the impugned AY has allotted