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3 results for “transfer pricing”+ Section 142A(6)clear

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Key Topics

Section 14A11Section 56(2)(viia)4Addition to Income3Section 143(3)2Section 562Section 143(2)2Section 472Disallowance2Natural Justice

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

ITA 1187/HYD/2018[2014-15]Status: DisposedITAT Hyderabad28 Apr 2023AY 2014-15

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 :

For Appellant: Shri Sriram Seshadri, CAFor Respondent: Shri Rajendra Kumar,CIT-DR
Section 115JSection 142(1)Section 143(2)Section 14ASection 14A(3)Section 47
2
Section 56
Section 56(2)(viia)
Section 56(2)(viiia)

section 147 / 148 of the Act, the coordinate Bench had held as under : “22. Coming back to our point we have to examine whether protective assessment/addition is possible under section 147 in respect of the same person and for the same period. When a regular assessment is made and later on it comes to the notice of the Assessing Officer

CHANDRALOK HOTELS LIMITED, HYDERABAD,HYDERABAD vs. DCIT, CIRCLE-1(2), HYDERABAD, HYDERABAD

ITA 300/HYD/2017[2011-12]Status: DisposedITAT Hyderabad27 Aug 2021AY 2011-12

Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahuassessment Year: 2011-12 Chandra Lok Hotels Ltd., Vs. Dy. Commissioner Of Hyderabad. Income-Tax, Circle – 1(2), Hyderabad. Pan – Aaccc 9912 A (Appellant) (Respondent) Assessee By: Shri P. Murali Mohan Rao Revenue By: Shri Rajat Mitra Date Of Hearing: 19/07/2021 Date Of Pronouncement: 27/08/2021

For Appellant: Shri P. Murali Mohan RaoFor Respondent: Shri Rajat Mitra
Section 143(3)Section 50CSection 50OSection 5O

price mentioned at Rs. 28,000/- per sq.yd. on 27/05/2010, but, on this day transfer of the property was not effected as per section 2(47) of the Act r.w.s. 53A of the Transfer of Properties Act, 1853. The date of transfer shall be considered as 24th January, 2011 as the sale executed on 24/01/2011, in which, nothing was mentioned

THERMODYNE DYNAMICS PRIVATE LIMITED,HYDERABAD vs. INCOME-TAX OFFICER, WARD -17(3), HYDERABAD

ITA 500/HYD/2024[2013-2014]Status: DisposedITAT Hyderabad03 Jul 2025AY 2013-2014

Bench: Us :

For Appellant: Shri Pawan KumarFor Respondent: Shri B. Balakrishna -CIT-
Section 11USection 143(2)Section 143(3)Section 14ASection 234BSection 56

6. Sec.56(2)(vii)(c) of the Act, reads as under: "56 .... xxx xxx xxx (2) In particular, and without prejudice to the generality of the provisions of sub-section (1), the following incomes, shall be chargeable to income-tax under the head "Income from other sources", namely:-- xxx xxx xxx (vii) where an individual or a Hindu undivided family