INTIME PROPERTIES LIMITED,HYDERABAD vs. DCIT., CIRCLE 2(1), HYDERABAD
In the result, the appeal of the assessee is allowed
ITA 1226/HYD/2025[2014-15]Status: DisposedITAT Hyderabad26 Nov 2025AY 2014-15
Bench: Shri Vijay Pal Rao, Vice-A N D Shri Madhusudan Sawdiaआ.अपी.सं /Ita No.1226/Hyd/2025 (िनधा"रण वष"/Assessment Year: 2014-15) Intime Properties Ltd Vs. Dy.Cit Hyderabad Circle 2(1) Pan:Aabci5676A Hyderabad (Appellant) (Respondent) िनधा""रती "ारा/Assessee By: Adv Madhur Agarwal & Ca Paresh Sondagar राज" व "ारा/Revenue By:: Shri Ranjan Agrawala, Sr. Dr सुनवाई की तारीख/Date Of Hearing: 19/11/2025 घोषणा की तारीख/Pronouncement: 26/11/2025 आदेश/Order Per Madhusudan Sawdia, A.M.: This Appeal Is Filed By Intime Properties Ltd (“The Assessee”), Feeling Aggrieved By The Order Passed By The Learned Commissioner Of Income Tax (Appeals)-52, Mumbai (“Ld. Cit(A)”) Dated 30.05.2025 For The A.Y 2014-15. 2. The Assessee Has Raised The Following Grounds Of Appeal:
For Appellant: Adv Madhur Agarwal and CAFor Respondent: : Shri Ranjan Agrawala, Sr. DR
Section 143(2)Section 80Section 80I
68,76,570/- after claiming deduction under Section 80-IA of the Income Tax
Act, 1961 (“the Act”) of Rs.26,73,12,820/- under the normal provisions of the Act. The assessee admitted book profit of Rs.28,05,74,172/- under the MAT provisions. The case of the assessee was selected for scrutiny under CASS and notice under section
