ZUARI CEMENT LIMITED, KADAPA,KADAPA vs. ACIT, CIRCLE-1, KADAPA, KADAPA

Accordingly, this issue is allowed for statistical purposes

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahusl.

68,345 Ciment Francais SA Software Lincense fees paid 48,89,635 CTG SpA Consultancy service fee paid 4,47,17,617 CTG SpA Consultancy service fee paid 5,28,26,169 (CWIP) Itlacementi Fabbriche IT services 2,35,51,829 Riunite Cemento SpA Zuari Cement Limited, Kadapa Itlacementi Fabbriche Reimbursement of expenses paid 6,95,167 Riunite Cemento

ZUARI CEMENT LIMITED, KADAPA,KADAPA vs. ACIT, CIRCLE-1, KADAPA, KADAPA

Accordingly, this issue is allowed for statistical purposes

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahusl.

68,345 Ciment Francais SA Software Lincense fees paid 48,89,635 CTG SpA Consultancy service fee paid 4,47,17,617 CTG SpA Consultancy service fee paid 5,28,26,169 (CWIP) Itlacementi Fabbriche IT services 2,35,51,829 Riunite Cemento SpA Zuari Cement Limited, Kadapa Itlacementi Fabbriche Reimbursement of expenses paid 6,95,167 Riunite Cemento

ZUARI CEMENT LIMITED,KADAPA vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1(1), KADAPA

Accordingly, this issue is allowed for statistical purposes

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahusl.

68,345 Ciment Francais SA Software Lincense fees paid 48,89,635 CTG SpA Consultancy service fee paid 4,47,17,617 CTG SpA Consultancy service fee paid 5,28,26,169 (CWIP) Itlacementi Fabbriche IT services 2,35,51,829 Riunite Cemento SpA Zuari Cement Limited, Kadapa Itlacementi Fabbriche Reimbursement of expenses paid 6,95,167 Riunite Cemento

ZUARI CEMENT LIMITED ,KADAPA vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1, KADAPA

Accordingly, this issue is allowed for statistical purposes

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahusl.

68,345 Ciment Francais SA Software Lincense fees paid 48,89,635 CTG SpA Consultancy service fee paid 4,47,17,617 CTG SpA Consultancy service fee paid 5,28,26,169 (CWIP) Itlacementi Fabbriche IT services 2,35,51,829 Riunite Cemento SpA Zuari Cement Limited, Kadapa Itlacementi Fabbriche Reimbursement of expenses paid 6,95,167 Riunite Cemento

ZUARI CEMENT LIMITED,KADAPA vs. ASST. COMMISSIONER OF INCOME TAX, CIRCLE-1, KADAPA

Accordingly, this issue is allowed for statistical purposes

Bench: Shri Laliet Kumar & Shri Laxmi Prasad Sahusl.

68,345 Ciment Francais SA Software Lincense fees paid 48,89,635 CTG SpA Consultancy service fee paid 4,47,17,617 CTG SpA Consultancy service fee paid 5,28,26,169 (CWIP) Itlacementi Fabbriche IT services 2,35,51,829 Riunite Cemento SpA Zuari Cement Limited, Kadapa Itlacementi Fabbriche Reimbursement of expenses paid 6,95,167 Riunite Cemento

AISWARYA ART CREATIONS PRIVATE LIMITED ,HYDERABAD vs. ADDL. COMMISSIONER OF INCOME TAX-RANGE -13, HYDERABAD

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

Bench: Shri Rama Kanta Panda & Shri Laliet Kumarm/S. Aiswarya Art Vs. Income Tax Officer, Creations Pvt. Ltd., Ward 15(3), Hyderabad. Hyderabad. Pan Aagca7479J (Appellant) (Respondent) Appellant By : Shri T. Chaitanya Kumar, Adv. Respondent By : Shri Kumar Aditya, (D.R.) Date Of Hearing : 20.10.2022 Date Of Pronouncement : 20.10.2022 O R D E R Per Shri Rama Kanta Panda, A.M. : This Appeal Filed By The Assessee Is Directed Against The Order Dt.04.05.2018 Of The Learned Commissioner Of Income Tax (Appeals)-1, Guntur Relating To Assessment Year 2011-12. 2. Facts Of The Case, In Brief, Are That The Assessee Is A Company Engaged In The Business Of Trading In Satellite Rights. The Assessee Filed Its Return Of Income On 2 26.12.2011 Declaring A Total Income Of Rs.17,47,243. The Case Was Selected For Scrutiny Under Cass. Accordingly, Statutory Notices U/S. 143(2) & 143(1) Of The Income Tax Act, 1961 (In Short ‘The Act’) Were Issued. However, There Was No Compliance From The Side Of The Assessee For Which Summon U/S. 131 Of The Act Was Issued & The Statement Of The Assessee Was Recorded On 29.01.2014 Wherein He Agreed To Furnish The Required Information By 30.01.2014. Since There Was No Compliance Despite Number Of Opportunities, The Assessing Officer Proceeded To Complete The Assessment U/S.144 Of The Act.

482/- 2. Traveling expenses Rs. 28,561/- 3. Other expenses Rs.1,57,651/- 4. Directors Remuneration Rs.18,00,000/- Rs.21,04,694/- The above proposal appears to be correct. 12 The AO proposed disallowance u/s.40(a)(ia) as follows: 1. Rates and taxes paid to Govt. Rs.1,35,000/- 2. Audit fee Rs. 50,000/- Though the AO proposed

INFOR (INDIA) PRIVATE LIMITED ,HYDERABAD vs. DY.COMMISSIONER OF INCOME TAX, CIRLCLE-2(1), HYDERABAD

In the result, the assessee’s appeals for the A

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

SECTION 234(3) OF THE ACT: 12. On the facts and in the circumstances of the case and in law, the Ld. A 0 erred in and the Hon'ble DRP further erred in upholding/confirming the action of the Ld. AO in levying interest uls 2348 of the Act and the said levy of interest being Wholly Unjustified, ought

INFOR (INDIA) PRIVATE LIMITED (FORMERLY KNOWN INFOR GLOBAL SOLUTIONS (INDIA) PRIVATE LIMITED),HYDERABAD vs. DY. COMMISSIONER OF INCOME TAX , CIRCLE-2(1), HYDERABAD

In the result, the assessee’s appeals for the A

Bench: Smt. P. Madhavi Devi & Shri S.Rifaur Rahman

SECTION 234(3) OF THE ACT: 12. On the facts and in the circumstances of the case and in law, the Ld. A 0 erred in and the Hon'ble DRP further erred in upholding/confirming the action of the Ld. AO in levying interest uls 2348 of the Act and the said levy of interest being Wholly Unjustified, ought

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT, CENTRAL CIRCLE-3(4), HYDERABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDREABAD

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4\nThe Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR (Judicial Member), SHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE LLP,HYDERABAD vs. ACIT, CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4 The Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which

KOLORS HEALTHCARE INDIA PRIVATE LIMITED,,HYDERABAD vs. ACIT., CENTRAL CIRCLE-3(4), HYDERABAD

In the result, the appeal of the assessee in ITA No

Bench: SHRI LALIET KUMAR, JUDICIAL MEMBER AND\nSHRI MADHUSUDAN SAWDIA (Accountant Member)

Section 44AA of the Act and that it\nis duly audited by a Chartered Accountant wherein no discrepancies are\nfound.\n4.4\nThe Ld. CIT(A) erred in not appreciating that the receipts through\ncards as per the books of account are more than those through cards as\nper the data retrieved from the cloud storage and digital evidence which